Two strong bullish signals from BTC!
The first signal: BTC has formed an engulfing pattern in the weekly time.
This pattern is one of the changing patterns.
In the last two cases that you see with the yellow sign, after the formation of this pattern, the price has moved up.
Now we see the same pattern in the weekly time, But we still need another powerful ascending candle to confirm this pattern
Second signal: Also in the same time frame, the ECBS2 indicator has issued a buy signal that can confirm our Engulfin pattern.
In the last two bullish cases, this indicator has been able to correctly detect the trend and issue an bullish signal, you see (green sign) that after the issuance of this signal, the price has risen sharply.
Follow me for more updates.
This pattern is one of the changing patterns.
In the last two cases that you see with the yellow sign, after the formation of this pattern, the price has moved up.
Now we see the same pattern in the weekly time, But we still need another powerful ascending candle to confirm this pattern
Second signal: Also in the same time frame, the ECBS2 indicator has issued a buy signal that can confirm our Engulfin pattern.
In the last two bullish cases, this indicator has been able to correctly detect the trend and issue an bullish signal, you see (green sign) that after the issuance of this signal, the price has risen sharply.
Follow me for more updates.
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