Dotbee.ai

Indicators and patterns

2/5/2025

Indicators and patterns

Indicators and patterns

The first indicator is a "Closing Marubozu" pattern on the 15-minute chart of the BTC/USD pair. This pattern is considered bullish and suggests a strong buying signal. A Closing Marubozu occurs when the candlestick has a long body with no wicks or shadows, indicating that the price opened at one extreme and closed at the other extreme of the period. In this case, the Closing Marubozu pattern occurred at a price of 98205.94 on February 5, 2025, at 00:15.

The second indicator is the Average Directional Index (ADX) on the 15-minute chart of the BTC/USD pair. The ADX is currently showing a bearish signal, indicating a potential trend reversal or weakening of the current trend. A bearish ADX suggests that the trend may be losing strength, and a sell signal is generated. This bearish ADX signal occurred at a price of 98205.94 on February 5, 2025, at 00:15.

In summary, the Closing Marubozu pattern is signaling a bullish buying opportunity, while the bearish ADX is suggesting a potential trend reversal or weakening of the current trend, prompting a sell signal. Traders may consider these signals along with other technical and fundamental analysis to make informed trading decisions.

This is not investment advice. Remember to verify the information provided here.

Get access to the full analysis

  • Over 35 000 indexes
  • CFD, Forex, Crypto and Stocks Exchange
  • Over 150 Indicators
  • Pattern and candle analysis
  • Support and resistance levels
  • Fundamental, technical and sentimental analysis
  • Power from AI
Web versionApp StoreGoogle Play

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link