HeisenbergBTC
Education

Reversal candle

BINANCE:BTCUSDT   Bitcoin / TetherUS
393 views
23
393 6
When you see a candle at the bottom of a downtrend like the one pointed out here it can be a signal that a reversal is in the cards. Just thought I would show you all. You can also see the support is right under the reversal candle. Just something to watch.
We might see a reversal thanks to the hammer candle... good time to long, we might (only might) break the resistances, this might be the only bulls chance xd...
With a rising volume..

below 10057 will be bad for this.
I'm not entering new positions yet.

Also, little correction: this is called a: dragonfly doji ;)
Reply
This is the hourly chart
Reply
Hedgehog_king HeisenbergBTC
@HeisenbergBTC, Goth'a found it. :P
Reply
HeisenbergBTC Hedgehog_king
Reply
Time frame and date/hour are missing, can update these please?
Reply
HeisenbergBTC Hedgehog_king
@Hedgehog_king, This is the hourly chart Posted at 9:00 a.m. 8/27/2019
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out