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The Bearish Candle Gives It Away
Bitcoin
Short
The Bearish Candle Gives It Away
By AlanSantana
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Feb 20, 2022
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Feb 20, 2022
We just looked at Bitcoin monthly and how the month went from GREEN to RED.
We are now looking at the weekly chart, the bearish candles gives it away.
Last week we had a bearish close right after hitting as resistance EMA10.
This week there was another try at the same resistance and another rejection took place.
The weekly closes in a few hours...
Rate hikes...
War...
Covid...
The correction is almost coming to an end.
A final drop can happen fast but a recovery can take years to fully manifest.
Thank you for reading.
Namaste.
altcoins
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
BTC
BTCUSD
crypto
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Technical Indicators
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AlanSantana
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