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B166ERcrypto
Jan 2, 2020 5:38 PM

Bitcoin Prints a Monthly Hammer Candle in December Long

Bitcoin / U. S. DollarKraken

Description

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

Comment

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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