$ETH
✅ Hacked:
• 2,465 → Previous support maintained.
• 2,510 – 2,538 → Potential breakout area (previously monitored) confirms a new candle hour
🕒 How much time is left to complete the pattern?
An exact time cannot be determined, but it depends on the formation of two candles:
1. A doji candle first – a small body after a clear drop.
2. Then a bullish engulfing candle in the following hour – covering the body of the doji.
Since we are currently witnessing an engulfing pattern in formation, the pattern may complete within the next hour or two, provided that a doji candle appears followed by a strong engulfing candle.
⚙️ What can you do now:
• Carefully monitor the hourly candles:
• If a doji candle appears in the next hour → high probability of completing the pattern in the hour after.
• If a doji does not appear, the occurrence of the pattern may be delayed.
• Monitor the trading volume:
• The engulfing candle should be accompanied by a trading volume higher than the average → to confirm the pattern.
🕒 What is now expected?
• Waiting for the appearance of a doji candle in the next hour.
• Upon its appearance, the verification of the engulfing pattern will begin in the following hour.
• If that happens, it will serve as strong confirmation for a buy signal.