Elpidaldo

BTCUSD weekly: Would you buy here?

BITFINEX:BTCUSD   Bitcoin
BTC USD is on sequential 9 weekly, which could indicate a turning point in the weekly trend.

The weekly candle is not closed yet but so far it looks like a spinning top.

Investopedia: << A spinning top is a candlestick pattern with a short real body that's vertically centered between long upper and lower shadows. The candlestick pattern represents indecision about the future direction of the asset. Neither the buyers nor the sellers could gain the upper hand>>.

I'd rather wait for further confirmation than entering a hazardous trade.

Trade safe.

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.