š $ETH: 3 numbers from its 2 bearish engulfing candles
1ļøā£ $2,777: Oct 2 top, red body swallowed Oct 1's green
2ļøā£ 6.4x: 4H volume on Oct 7 as $2,697 ā $2,611 broke the box
3ļøā£ 28%: how much of the Oct 8 red candle the bounce covered
š Under 100% = no bullish engulfing, no reversal signal yet
šÆ My take: a 4H bullish engulf above $2,406 = first buyer sign
š¬ Would you buy that signal at RSI 31, or wait? š
š Full lesson: https://app.binance.com/uni-qr/cart/375523525716306
#EngulfingPattern #Ethereum #TechnicalAnalysis
1ļøā£ $2,777: Oct 2 top, red body swallowed Oct 1's green
2ļøā£ 6.4x: 4H volume on Oct 7 as $2,697 ā $2,611 broke the box
3ļøā£ 28%: how much of the Oct 8 red candle the bounce covered
š Under 100% = no bullish engulfing, no reversal signal yet
šÆ My take: a 4H bullish engulf above $2,406 = first buyer sign
š¬ Would you buy that signal at RSI 31, or wait? š
š Full lesson: https://app.binance.com/uni-qr/cart/375523525716306
#EngulfingPattern #Ethereum #TechnicalAnalysis