BTC- LONG-TERM

- Hi all traders,
- This morning, BTC buy signal appears on many trading channels. After two weeks sell-off, last week, we have a green spinning top candle stick but it is not strong enough as reversal signal. It is just show us sank momentum is slowing down. Beside, candle stick of week 03/01/2022 closed within KUMO cloud. Price is walking deeper into KUMO cloud and downtrend will kept going.
- Now, highly price will react by increasing after BTC completing retest 39-42. But in long-term, BTC highly keep its downtrend and drop to 30-36K.
- I do not say you must do this. But please prepare for the worst situation.
For any question, please leave your comments and feel back.
candlestickpatternTrend Analysis

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