How Do I Read Bearish Marubozu Bitcoin Candlesticks Pattern?

A Bearish Marubozu candle-sticks pattern is a candle-stick which shows the opening bitcoin price is also the high bitcoin price & the closing bitcoin price is also low bitcoin price. Marubozu candles patterns means there were no retracements and therefore shows that the sellers were in total control of the bitcoin price.

A bearish Marubozu cryptocurrency candle sticks pattern is a continuation pattern which means that the next candlestick is likely to continue in same downward bitcoin trend direction.

Therefore, after a bearish Marubozu candle the bitcoin price of a bitcoin pair should continue heading downward in direction of the downward cryptocurrency trend.

How Do I Read Bearish Marubozu Crypto Candlesticks Pattern?