Jacob-HowtoTradeCrypto

Bitcoin And The Tricky Weekly Hammer

BINANCE:BTCUSDT   Bitcoin / TetherUS
So hopefully I was not the only one who was super bearish after last weeks weekly close and the mother of all weekly bear hammers was printed on old Bitty...
Yes i know that a bear hammer printed at the middle of a reversal trend is actually a bullish sign but i chose to ignore that and emotion took over, focusing on the price action and got wrecked!

ANYWAY

As per my previous analysis i'll be long if BTC closes above 45K and short again below 40K

Trade safe guys it's ok to be wrong and reflct!

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.