bearishengulfing

$BTC makes a bearish engulfing candle in the resistance trend line. it will move downward .

Tread in lines. Be careful don't go long/buy for now .

What do you think? Share your thoughts with me in the comment box.

#BTCBearish
#bearishengulfing
#trendlineresistance

Candlestick Patterns for Beginners

Candlestick charts are a popular way to visualize price action in stocks, forex, and cryptocurrencies. Originating in Japan, these charts help traders spot potential market reversals and continuations at a glance.

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📊 What Is a Candlestick?

Each candlestick shows four key prices for a given time period (e.g., 1 minute, 1 hour, 1 day):

Open: Price at the start of the period

Close: Price at the end of the period

High: Highest price reached

Low: Lowest price reached

If the close is higher than the open, the candle is usually colored green (or white), indicating bullish (upward) momentum.

If the close is lower than the open, it’s colored red (or black), indicating bearish (downward) momentum.

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🔍 Five Basic Candlestick Patterns

1. Doji

Shape: Very small body (open ≈ close), long or short wicks.

Signal: Market indecision; possible reversal when appearing after a clear trend.

2. Hammer

Shape: Small body at the top, long lower wick (tail).

Occurs: After a downtrend.

Signal: Bullish reversal—buyers pushed price back up.

3. Shooting Star

Shape: Small body at the bottom, long upper wick.

Occurs: After an uptrend.

Signal: Bearish reversal—sellers pushed the price back down.

4. Bullish Engulfing

Shape: Two-candle pattern: a small bearish (red) candle followed by a larger bullish (green) candle that completely “engulfs” it.

Signal: Strong bullish reversal.

5. Bearish Engulfing

Shape: Two-candle pattern: a small bullish (green) candle followed by a larger bearish (red) candle that engulfs it.

Signal: Strong bearish reversal.

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🎯 Using Candlesticks Wisely

Don’t trade on patterns alone. Always confirm with other tools:

Volume: Increased volume gives patterns more weight.

Support & Resistance: Check if patterns form near key price levels.

Indicators: RSI, MACD, moving averages, etc.

Practice on demo charts before risking real capital.

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#candlestick_patterns #HammerPattern #ShootingStar #BearishEngulfing #StrategyBTCPurchase

🚨 How I Turned $3,000 Into $9,000 in One Day with a Bearish Engulfing Candle on Broccoli714 Coin! 🚨
$BROCCOLI714

I’ve got a trading story for you that will leave you in awe. It’s one of those moments that shows just how powerful a well-timed move can be. Here’s how it unfolded...

It started like any other day—coffee in hand, analyzing charts, and scanning the market for opportunities. As I was reviewing the coins, Broccoli714 Coin immediately caught my attention. It had been on my radar for a while, but today, it was different. I sensed an opportunity.
$MOVE

The game-changer came when a Bearish Engulfing Candle appeared on the chart. The price action was signaling a strong downtrend. I paused, took a deep breath, and trusted my analysis. I entered a short position with my $3,000, not knowing exactly how big the move would be, but confident that I was on the right track.

As the Bearish Engulfing Candle engulfed the previous bullish candle, I watched the price start to dip. It moved slowly at first, then, BOOM—Broccoli714 Coin plummeted harder than I anticipated. My position was looking solid. I stuck to my plan, kept my cool, and rode the wave as the market did exactly what I predicted. 💸

When the price hit my target, I had turned $3,000 into $9,000—a threefold return! 🤯

This is the power of sticking to your strategy, recognizing key chart patterns, and being patient. The Bearish Engulfing Candle was the perfect setup, and I seized the opportunity when it presented itself.

This is a reminder that successful trading isn’t about luck; it’s about reading the market, trusting your strategy, and staying disciplined.

So, who’s ready to catch the next big move?
#Broccoli714USD #CryptoTrading #BearishEngulfing #StrategicInvesting

🚨 $NXPC MASSIVE REJECTION FROM $1.5976 💔 BIG RED ENGULFING ON 4H!
$NXPC printed a strong bullish wick up to $1.5976 — but bulls got trapped! A sharp reversal followed with a huge red candle now down to $1.3253 (-2.42%).
Price crashed below the EMA-7 ($1.4004) and EMA-25 ($1.3668), failing to break above the EMA-99 ($1.4877) resistance. RSI is cooling at 42 — signaling fading momentum.
$NXPC

📊 Key Levels:
• Resistance: $1.4877 / $1.5976
• Support: $1.3086 / $1.2287
• RSI: 42.00 (neutral-to-weak zone)

⚠️ Watch for further downside if $1.3086 breaks — bulls need to reclaim $1.40+ fast to avoid deeper correction!

#NXPC #CryptoAlert #BearishEngulfing #RejectionCandle #BinanceUpdate