Last Engulfing Bottom candlestick pattern
What it shows
The shape of a bearish engulfing — a bullish candle swallowed by a bearish one — but at the bottom of a decline instead of the top of an advance. Same drawing, opposite place, and the place is what names it.
Measured, not claimed
38%
Five daily candles after this pattern, price had risen in 38% of the 1,657 cases we measured.
32 crypto markets on Kraken, daily candles, 2013–2026. A bullish pattern promises a rise and a bearish one a fall, each larger than half that market's typical five-candle move; anything smaller counts as a promise not kept.
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