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

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chorock
75
2 years agoSteemit

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...

Ekran Resmi 2022-05-16 00.58.28.png

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..
    Ekran Resmi 20220516 01.04.07.png
    It is strong bullish signal...

Ekran Resmi 20220516 01.04.30.png

  • MACD Indicator is reversing in daily Bitcoin price chart.
    Ekran Resmi 20220516 01.05.33.png
  • There is positive divergence in RSI Indicator. Price should go up!

Ekran Resmi 20220516 01.07.11.png

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

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