ETHBTC Dragonfly Doji

By Bixley
In the current downtrend, a dragonfly doji may signal a price rise is on its way. 'The long lower shadow suggests that there was aggressive selling during the period of the candle, but since the price closed near the open it shows that buyers were able to absorb the selling and push the price back up'
Beyond Technical AnalysisChart PatternsdragonflydragonflydojiETHETHBTCethbtclongEthereum (Cryptocurrency)ethereumlongethereumusdETHUSDTrend Analysis

Disclaimer