Bearish long line candlestick pattern indicating strong selling pressure and a sustained downward trend in cryptocurrency trading on the Cryptohopper platform

Long Line Bearish

The Long Line Bearish is a bearish continuation pattern represented by one candle. It is very similar to a Marabozu, that is, a long candle with a big body moving, in this case, down. Which indicates a strong bearish pressure in the market.

As the name suggests, it is a long candle with a downward direction. During a downtrend, the bearish pressure intensifies and pushes the price farther down. With this pattern, the bears are dominating the market, which will signal a sell in your automated strategy.