Monster ManuDec 16, 2021 · 3 years ago5 answers Which cryptocurrencies have experienced a significant price drop after the evening star pattern formation?
After the formation of the evening star pattern, which cryptocurrencies have witnessed a notable decrease in their prices? The evening star pattern is a bearish candlestick pattern that indicates a potential reversal in an uptrend. It consists of three candles: a large bullish candle, followed by a small-bodied candle with a gap, and finally a large bearish candle. This pattern suggests that the buying pressure is weakening and the bears are gaining control. Which cryptocurrencies have shown a significant price drop after this pattern formation?