How to Predict the Trend in Cryptocurrency Part 3
As we discussed Price Action Patterns in last article. We only discuss Pin Bar Price Action. Now we only
discuss Engulfing price action pattern.
Engulfing Bar Price Action
It consists of two price actions.
A ) Bearish Engulfing Bar Price Action
This candle normally appears on the chart when price approaches to top and then Bearish engulfing candle appears. Then most probable chances are price will go down.
B ) Bullish Engulfing Bar Price Action
This candle normally appears on the chart when price approaches to bottom and then Bullish engulfing candle appears. Then most probable chances are price will go up.
We are approaching slowly towards our target that how to predict the trend and future price in crypto currencies. So be patient, do not become panic because in our community there were lot of new friends who do not know basics, while other will be experts. So first we will cover some basics and then we will move towards advance level.
ARE YOU INCLUDING ICO TOKENS AND POS COINS LIKE NEO IN THIS CRYPTOCURRENCY CHART .
No i am not included NEO chart in the uploaded image. But above mentioned technique could also be applied on NEO coin.
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I am member of steemit community if you have any question regarding my article i will b happy to answer you
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