davidflana

wooooh! Bitcoin inverted hammer on the daily chart yesterday!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The old hammer reversing signal.... looks like the bears won the day yesterday. That inverted hammer says nope! Not gonna keep climbing from here! I've also seen TA that was tilting bullish talking about Elliot waves and I believe they have failed. So... not tryng to be Elmer Fud here, but it doesn't look like this is the recovery. Get ready for $6,000! I like the sound of a double bottom before full reversal.
ur dumb af bro inverse hammer means it won't go down but bears tried
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davidflana Condiments
@Condiments, thanks for the comment "bro". You obviously want it to go up. Good luck with that!
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davidflana Condiments
@Condiments, Sorry, they actually call this the shooting star even though they look exactly the same... u got me troll! Good job! It still means price is going down.
https://marketrealist.com/2014/12/inverted-hammer-shooting-star-candlestick-pattern
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Is not an hammer but a doji. Elliott waves? Maybe you've seen only the wrong counts.
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