$BTC Study's & Technical โจ
Study's: ๐ฑ
Just a quick rundown on the Engulfing Candlestick Patterns from our infographic ๐ฏ
- Bullish Engulfing: A small red candle followed by a large green one suggests a trend reversal to the upside. We want the next candle to close higher for confirmation.๐
- Bearish Engulfing: A small green candle followed by a large red one signals a possible downturn. If the following candle closes lower, that confirms it.๐
PS: #DYOR Keep these patterns in mind when planning trades! ๐ง ๐ต
#BTC Technical:๐ก
It hunted Stops below 59.4k and reached the upside LTF Target 61800.
If it Claims 62700 as support then 64500 is Next ๐ง
30
308
20
13
9
4
3