Bitcoin (BTC) gained 5.81% on Tuesday, its biggest daily return since May 8. As the rally unfolded, a bullish engulfing ...

Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...

Chart patterns are essential tools in technical analysis that help traders identify potential market movements and make informed trading decisions.

After the Grayscale Bitcoin Trust ETF’s historic spike to new highs, it would be natural for investors to get spooked by a bearish daily chart pattern on the day after its most extreme “overbought” ...

Bitcoin’s 2.4% decline on Oct. 21 formed a bearish engulfing pattern on the daily chart. A bearish engulfing pattern indicates a short-term or long-term reversal, and it has a success rate of 60% to ...

Nasdaq 100 marks worst session in August, echoing August 2nd's decline, down 2.2%. Nvidia's Q2 earnings can't lift tech sentiment; bearish engulfing pattern emerges. 3 Summer "Power Patterns" Are ...

Large cap growth stocks have been outperforming for quite some time, with semiconductors perhaps the most representative of the strength of that trade in recent months. In fact, the semiconductor ETF ...

One of the goals of a technical trader in the Forex market is to identify changes in the direction of price action. Candlesticks are a natural tool for this task as they give visual insight into ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. One of the most reliable candlestick formations is call the engulfing pattern. It is found often and is a ...