Bitcoin Prints a Monthly Hammer Candle in December
I've been waiting for the December close and it's exactly what I had hoped for: A beautiful Hammer Candle, indicating a possible "bottom".
This pattern depends greatly on the next two candles being green, but it's something I'm watching closely. It definitely adds some evidence to my main hypothesis that we are bottoming and that the Parabolic Adoption Curve will remain intact and another Bull Run is incoming.
Peace, Love, & Crypto,
B166ER
This pattern depends greatly on the next two candles being green, but it's something I'm watching closely. It definitely adds some evidence to my main hypothesis that we are bottoming and that the Parabolic Adoption Curve will remain intact and another Bull Run is incoming.
Peace, Love, & Crypto,
B166ER
Note
I'm the only analyst (that I've seen) that has mentioned the monthly hammer candle printed in December of 2019. And it looks like we got the green January candle I wanted. BOOM!
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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.