Indice BitcoinLong
Candle Stick Predictions
Candle Stick patterns plays an pivotal part in Technical Analysis yet it is often overlooked.
As I mentioned yesterday 7.5k will be an extremely important psychological zone. The Bears were unable to break & close 7.5k. The two hammer shaped candles on the 4hour chart tells me we are in for a market reversal and Ive opened a long on 7.6k basically making a bet and following my intuition that we can break the all import 7.7k if broken it should rally to around 8k where we would have to stop and re-examine.
If we dont break & close 7.7k today prepare yourself for a possible weekend of trading between the 7.7k and 7.5k channel
As I mentioned yesterday 7.5k will be an extremely important psychological zone. The Bears were unable to break & close 7.5k. The two hammer shaped candles on the 4hour chart tells me we are in for a market reversal and Ive opened a long on 7.6k basically making a bet and following my intuition that we can break the all import 7.7k if broken it should rally to around 8k where we would have to stop and re-examine.
If we dont break & close 7.7k today prepare yourself for a possible weekend of trading between the 7.7k and 7.5k channel
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.