$ETH
Verification 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 very next candle (the last green candle) completely engulfed the body of the previous candle, and it appears to have closed above its peak.
🔔 The desired pattern has now been confirmed on the hourly timeframe (1H) on the Binance platform.
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📈 What does that mean technically
• The pattern is considered a positive technical signal attempting to reverse from the last bottom (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 very close first resistance.
• Then 2,580.
• Then 2,610.