$BIO 📈It’s a long bullish (green) candlestick with little to no wick on top and bottom.
Opened lower around 0.2520 and closed near the 0.2988–0.3037 area.
This candlestick shows a strong bullish breakout after a consolidation phase.
📌 Candlestick Pattern Name
The last candlestick can be classified as:
Bullish Marubozu → A strong bullish candle with almost no shadows (wicks).
📊 Signal & Analysis
Signal: Strong bullish momentum, suggesting buyers are fully in control.
Implication: Indicates continuation of the uptrend, especially if volume remains high.
But Warning: After such a sharp rise, the price can also face short-term profit-taking or a pullback before continuing upward.
✅ Summary
Pattern: Bullish Marubozu
Signal: Continuation (Bullish breakout)
Next Move: Watch for either a retest around 0.27–0.28 (support) or continuation toward new highs above 0.31+ if buying pressure sustains.
👉 Do you want me to also check if this could be a reversal exhaustion signal (like a blow-off top) by looking at volume + order book, or just keep it as a breakout continuation analysis?