7 Red Weekly Successive Candles in Bitcoin Price Chart - When is Green?

chorock - 2 years ago

We saw 7 red weekly successive candles in Bitcoin Price chart. Thanks to Terra Luna crash, We experienced the darkest red weekly candle in this week.

After 7 weeks, Next week may be green.. It is not about statistic, technical analysis can show this...

There are lots of reason we should see green candle in next week..

• We havent seen 8 red weekly candle in Bitcoin chart. So it is most possible to see green candle...

• There is doji candle in weekly chart..
  

  
  It is strong bullish signal...

• MACD Indicator is reversing in daily Bitcoin price chart.
  

• There is positive divergence in RSI Indicator. Price should go up!

These are the reason for green candle in next week..
We will see green candle in next week!