The Bullish Marubozu is a candlestick pattern in technical analysis that indicates strong buying pressure and suggests a possible continuation of an upward trend.
Entry Point: The green dotted line indicates the potential entry zone.
Stop-loss point: To control risk, set the stop-loss slightly below the low point.
In summary, this pattern indicates strong bullish sentiment and a potential trend reversal.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
SesameFlowersBloomAnd
· 2025-05-21 10:01
Market sentiment: Expectations for the ETH ETF have boosted trader morale, pushing prices through multiple resistance levels. At the same time, the "short squeeze" in the Ethereum futures market has led to large-scale closing of short positions, further driving up coin prices. Additionally, the large-scale accumulation behavior of "Whale" addresses before the price surge has injected confidence into the market and reinforced bullish expectations.
💡 Tips for Becoming a Trading Pro:
The Bullish Marubozu is a candlestick pattern in technical analysis that indicates strong buying pressure and suggests a possible continuation of an upward trend.
Entry Point: The green dotted line indicates the potential entry zone.
Stop-loss point: To control risk, set the stop-loss slightly below the low point.
In summary, this pattern indicates strong bullish sentiment and a potential trend reversal.