This is the time when you all need to be cautious, because D1 has shown a bearish engulfing candle on the D1 timeframe, I also warned you all about the appearance of this engulfing candle during the BTC 124k5 phase on August 14th, I viewed that the engulfing candle would end around 109k, and after 2 weeks, BTC also adjusted sharply to the 107k region on August 30th. So now, after 2 months since that point, BTC continues to show a bearish engulfing candle but with less strength than the previous candle, coinciding with my timing that altcoins will gradually split from the end of October. So... you all should make your own decisions, I also rely on technical analysis to analyze for you, I'm not a fortune teller who can predict everything😀
However, many are still puzzled, why at the place of the 2 yellow arrows is also a bearish engulfing candle yet it still increased? And currently, it is still a bearish engulfing candle, so why do I see it adjusting?
The answer is quite simple, a bearish engulfing candle appears after a very long upward process for it to have high effectiveness, while a candle appearing after a price decline that hits a support zone does not have much effect. I'm sharing this knowledge for free, just so you know, if you meet someone with 7 years of experience then....1k5🤭
✆ʑℓ không ba 79 ba 79 chín hai 0
However, many are still puzzled, why at the place of the 2 yellow arrows is also a bearish engulfing candle yet it still increased? And currently, it is still a bearish engulfing candle, so why do I see it adjusting?
The answer is quite simple, a bearish engulfing candle appears after a very long upward process for it to have high effectiveness, while a candle appearing after a price decline that hits a support zone does not have much effect. I'm sharing this knowledge for free, just so you know, if you meet someone with 7 years of experience then....1k5🤭
✆ʑℓ không ba 79 ba 79 chín hai 0