GerryB

BTC - Possible sentiment shift

Long
BITSTAMP:BTCUSD   Bitcoin
Understanding Heikin Ashi candles provides a much smoother and clearer picture of the current sentiment and trend. With no to little shadows on the down trend it was clear that the overall sentiment was short term bearish (same with an uptrend). It is then possible when we see the shadows or wicks forming as doji's that there is a possible market sentiment shift. These candles cut out allot of noise imo. Let's see what the next candle does because the HA is directly correlated to the previous candle. Please correct me if I am wrong.
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