I am new to TA in general and have been watching for morning star candles. Should we consider this to be one at the bottom of the Bollinger on the 3 hr timeframe for Bitcoin? Looks to me like it may be a good short term reversal signal confirmed by continued green candles with higher lows.
But I am the new guy...
BTC flashing a possible morning star candle formation on the 4 hour at the bottom of the Bollinger Band. Although the dip this morning was large, the bulls fought back for a close high above the wick down. Do you agree that this is bullish?
