Trade Bitcoin Trading

What is a Marubozu candlestick in Bitcoin? What does the Marubozu BTCUSD pattern mean?Trading?

What Does Marubozu Candlestick Mean? Marubozu Candle Definition

Marubozu candlesticks are characterized by their substantial size and lack of upper or lower wicks, mirroring those shown and presented below.

Marubozu Candles in Crypto Trades - Read Marubozu Patterns for BTCUSD

What Defines a Marubozu Candlestick in Crypto Trading? Patterns of Marubozu BTCUSD Candles

Marubozu candlesticks are ongoing patterns in cryptocurrency that indicate the likelihood of bitcoin prices continuing in the same direction indicated by the marubozu candlestick. Depending on the trend of the market, these cryptocurrency candlesticks can appear in white or blue, or in black or red.

Marubozu Bitcoin Candles

White marubozu candles patterns - the open also is the low and the close is also the high.

A Marubozu candlestick pattern in cryptocurrency trading signifies a period where no price reversals occurred, thereby indicating that buyers maintained absolute dominance over the bitcoin's price action during that interval.

White Marubozu candles show that the trend will likely keep going, meaning the next candle will probably continue going up in the same way.

Characteristics of the Black Marubozu candle pattern: the opening price is simultaneously the high, and the closing price is simultaneously the low.

Marubozu candlestick patterns mean prices didn't go back at all, so sellers had total control over what the bitcoin price was doing in the market.

The next candle in the Black Marubozu cryptocurrency candlesticks arrangement is likely to continue in the same downward bitcoin trend direction, which is a continuation pattern.

More Lessons and Tutorials & Guides:

Bitcoin Broker