#Bitcoin We Finally Reversed on Heikin Ashi Candles
Hi everyone,
Thank you for considering reading my idea.
People seems to be hyped up that we have a green heikin ashi candle after months of down trend. This is just to give you another perspective what could happen when Bitcoin breaks down the 50 week moving average (yellow line) and getting the first green heikin ashi candle.
You should also see that we have a SELL signal in the Weekly SuperTrend. This happened 5 times before in every bear market (except the one where we crashed due to COVID)
More TA like this in the related ideas below.
Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.
Cheers,
Juvs
Thank you for considering reading my idea.
People seems to be hyped up that we have a green heikin ashi candle after months of down trend. This is just to give you another perspective what could happen when Bitcoin breaks down the 50 week moving average (yellow line) and getting the first green heikin ashi candle.
You should also see that we have a SELL signal in the Weekly SuperTrend. This happened 5 times before in every bear market (except the one where we crashed due to COVID)
More TA like this in the related ideas below.
Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.
Cheers,
Juvs
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.