GerryB

Heikin AshiTrend Analysts

BITSTAMP:BTCUSD   Bitcoin
Using the Heikin Ashi candle there is no confirmation of a a trend reversal yet. The geen candles on the normal candle has no significance on the trend. We observe a flat top HA candle with a shadow below which is expected from this HN approach. Ons some wicks are formed above each candle it normally indicates indecision. However. We skould eait for a long green body with no wick below to confirm a trend reversal
SOL, ADA, ETH are all srill in a downwards trend i.o. market centiment unlress strong centiment change are witnessed I remaim neutral to bearish in the short term
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