What Happens in Bitcoin Trading after a Bearish Marubozu Candle?
A Bearish Marubozu candles setup is a candlestick which shows the opening bitcoin price is also the high bitcoin price & closing bitcoin price is also low bitcoin trading price. Marubozu candlesticks patterns means there were no retracements and hence shows that the sellers were in total control of the bitcoin trading price.
A bearish Marubozu candlesticks setup is a continuation pattern which means that the next candlestick is likely to continue in same downwards bitcoin trend direction.
Hence, after a bearish Marubozu candlestick the bitcoin price on a chart should continue heading downward in direction of the downwards trend.
Marubozu Bitcoin Candle Sticks Setups - What Happens in Bitcoin Trading after a Bearish Marubozu Candlestick?
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