What is Evening Start Candlestick Pattern ?

The #evening star candlestick pattern is a bearish reversal pattern that consists of three candles. The pattern starts with a long green (or white) candle, indicating that the buyers have control of the #market. This is followed by a small candlestick, either bullish or bearish, that #opens and closes within the real body of the first candle. The small candlestick indicates indecision in the market. The pattern concludes with a long red (or black) candle, indicating that the sellers have taken #control of the market.

What does that means and how to interpret ?

Traders and #investors interpret this pattern as a signal to go short or sell, expecting a potential downtrend in the market. However, as with any candlestick pattern, the #evening star pattern should be used in combination with other #technical indicators and #fundamental analysis to confirm trading decisions

What's is #NUPL (Net Unrealized Profit/Loss) ?

NUPL (Net Unrealized Profit/Loss) looks at the difference between Unrealized Profit and Unrealized Loss to determine whether the network as a whole is currently in a state of profit or loss. Net Unrealized Profit and Loss (#NUPL) is the difference between market cap and realized cap divided by market cap.

Assuming that the latest #coin movement is the result of a purchase, #NUPL indicates the total amount of profit/loss in all the coins represented as a ratio.

It could be interpreted as the #ratio of investors who are in profit.

To make it Simpler for you, Any Values over '0' indicate investors are in #profit and an increasing trend in value means more #investors are beginning to be in #profit.

This phase indicates the increasing reason to take #profit which leads to an increase in sell pressure.