Closing Marubozu: The Market's Big Bad Wolf 🐺

Ever seen a big, scary wolf in a fairy tale? 🤷👉 Well, the Closing Marubozu is kind of like that, but for the stock market. 📉

It's a bearish pattern that looks like a long, red candle with no lower wick. It means that the sellers are in total control and are driving the price down. 🩸

Real-life Example: $ETHFI ⛽

Just a few hours ago, we saw a Closing Marubozu on #ETHFI . Last time we saw it on September 1, and guess what? ETHFI was down 3.97%. 🔴📉 This pattern has appeared 30 times in the past 2 years, and it's been pretty accurate in predicting price drops, think 70% historical accuracy!! 😖

So, keep an eye out for Closing Marubozu patterns. They could be a sign that it's time to sell! 🙊💰 NFA and DYOR! #Altcoins #Marubozu