Continuation Candlestick Pattern Setups - Marubozu Bitcoin Candle Pattern
Marubozu Candles Bitcoin Patterns
Depending on the size and shape of a Bitcoin candle it's possible to measure the momentum of buyers or sellers. Likewise it's also possible to figure out the underlying weakness of the buyers and the sellers(bears).
Long Body BTC/USD Crypto Candles
Marubozu BTCUSD Candle Sticks Patterns - Candles with long bodies show and illustrate that there were a lot of buyers/sellers, depending on the color of the candlestick.
When bitcoin price makes a large move from the opening bitcoin price to the closing bitcoin price it shows the momentum of buyers/sellers - Marubozu BTCUSD Candle Sticks Pattern Setups.
Long Blue Candles - Marubozu BTCUSD Candle Sticks Patterns - Strength of Buyers
Long Red Candles - Marubozu BTCUSD Candle Sticks Pattern Setups - Strength of Sellers
Long Body Candles - Continuation Candlestick Patterns. Marubozu Candle Pattern - How to Trade Marubozu BTCUSD Candle Sticks Patterns - How to Interpret and Analyze Marubozu BTCUSD Candles Pattern
Marubozu Crypto Candlestick Patterns
Marubozu Candle Patterns are long candles which have no upper or lower shadows, Like the ones displayed and shown below.
Marubozu Bullish Crypto Candles Pattern and Marubozu Bearish Crypto Candle-sticks Pattern
Marubozu Candle Patterns are continuation candle-stick setups which show bitcoin price is going to continue in same direction as that of marubozu candle pattern. The marubozu candlestick pattern setup formation can be white/blue or black/red depending on the direction of the trend.
Bitcoin Analysis of Marubozu BTCUSD Candles Patterns
White marubozu candle pattern- the open is also the low and the close is also the high.
Marubozu candle pattern means there were no retracements during that bitcoin price period & therefore highlights that buyers were in total control of the bitcoin price.
White Marubozu candle pattern setup formation is a continuation candlestick pattern meaning that the next crypto candle is likely to continue in the same upwards bitcoin trend direction.
Black marubozu candle pattern - the open of the Marubozu candle setup is also the high - & the close also is low.
Marubozu candlestick pattern means that there were no bitcoin price retracements in the btcusd market & hence shows that the sellers were in total control of the bitcoin price.
Black Marubozu candlestick setup is a continuation candles pattern setup formation meaning that the next crypto candle is likely to continue in the same downwards bitcoin trend direction.
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