$ETH
✅ Confirmation of the "Doji followed by Bullish Engulfing" pattern
• ✅ Doji Candle: Yes, a clear Doji candle appeared about two hours ago (small body and long shadows, reflecting indecision in direction).
• ✅ Bullish Engulfing Candle: The next candle (the last green candle) completely engulfed the body of the previous candle and seems to have closed above its high.
🔔 The required pattern has now been confirmed on the hourly timeframe (1H) on the Binance platform.
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📈 What does this mean technically
• The pattern is considered a positive technical signal attempting a reversal from the last low (at 2,436.98).
• This does not confirm an immediate and strong upward movement, but it is an initial entry signal targeting first:
• 💯 2,538 as the first nearby resistance.
• Then 2,580.
• Then 2,610.
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📍
• ✅ Partial entry (e.g., 25%-40% of the allocated capital).
• ✅ Initial stop loss below 2,434 (the previous low).
• 📉 Do not enter fully until it is confirmed to close above 2,550 – preferably on an hourly or 4-hour candle.