$BTC ✅Bearish Engulfing Formation
A bearish engulfing pattern occurs at the end of an uptrend. The first candle has a small green body that is engulfed by a subsequent large red candle.
It implies the peak or slowdown of the price movement and is a signal of an imminent market drop. The lower the second candle falls, the higher the chances that the trend will be significant.
This analysis could indicate that the trend may tend to decline for a more stable and real price...