BTCUSD Analysis March 6, 2022
On the weekly timeframe we are about to close with an inverted hammer candle. This is a reversal signal and it also lines up with the double bottom area. This week if we close above 42,800 which would be a 10% gain I am loading up buy positions for a long term move.
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.