The chart pattern can be a warning sign signaling a potential reversal from a bullish (upward) to a bearish (downward) trend. The bearish engulfing pattern indicates a sudden shift in market ...
With the Solana ecosystem and (SOL) token taking the brunt of bearish pressure over the past few weeks, one analyst believes that the bullish momentum ... With a bearish engulfing pattern forming ...
However, on a weekly scale, the index formed a green candle, confirming the bullish engulfing candlestick pattern formed last week. On the downside, the index's immediate support is placed around ...