Thernos
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#CryptoSurge2025 Stop buying the dip early that dips further and further leaving you frustrated, instead wait for the BULLISH ENGULFING Candle or A Harmer candle.
And how does the bullish engulfing candles look like;
What The Pattern Looks Like
✍The Bullish Engulfing is a two-candlestick pattern defined by the following characteristics:
First Candle: A bearish (red) candle that is a continuation of the prevailing downtrend.
Second Candle: A larger bullish (green)candle that opens lower than the close of the previous bearish candle and closes higher than the open of the preceding bearish candle. In essence, the body of the bullish candle completely engulfs or covers the body of the prior bearish candle.
Shadow Considerations: While the body of the second candle must engulf the body of the first, the shadows (wicks) of the candles are not strictly considered. However, the pattern is deemed stronger if the second candle's shadows also engulf the first candle's shadows.
Location: For optimal significance, the Bullish Engulfing pattern should appear after a noticeable downtrend or bearish movement.
And how does the bullish engulfing candles look like;
What The Pattern Looks Like
✍The Bullish Engulfing is a two-candlestick pattern defined by the following characteristics:
First Candle: A bearish (red) candle that is a continuation of the prevailing downtrend.
Second Candle: A larger bullish (green)candle that opens lower than the close of the previous bearish candle and closes higher than the open of the preceding bearish candle. In essence, the body of the bullish candle completely engulfs or covers the body of the prior bearish candle.
Shadow Considerations: While the body of the second candle must engulf the body of the first, the shadows (wicks) of the candles are not strictly considered. However, the pattern is deemed stronger if the second candle's shadows also engulf the first candle's shadows.
Location: For optimal significance, the Bullish Engulfing pattern should appear after a noticeable downtrend or bearish movement.
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