BTC formed a Doji candle on the 4-hour chart today. Is this an indication of a reversal in trend? Let's look at the overall chart and analyze the action. Combined with the positioning of the stochastic, there is a possibility of a reversal. This could continue now, or the price could pump back up towards the $9000 area before continuing the bearish trend. I've got all of my analysis in my latest YouTube video in the link below. I'm also wondering what the effect the markets will have on price action, considering the COVID-19 pandemic.
Bitcoin is on quite a tear since the big dip, but it might be too early to get overconfident. Remember, this is not financial advice. Be careful investing into this dangerous market if you're playing with money you can't afford to lose. Check out the video, and chime in with your thoughts on what you think we are facing in the coming weeks!
April 2nd Video Update
Thanks for watching,
Carlton Flowers
The CryptoPro
Bitcoin is on quite a tear since the big dip, but it might be too early to get overconfident. Remember, this is not financial advice. Be careful investing into this dangerous market if you're playing with money you can't afford to lose. Check out the video, and chime in with your thoughts on what you think we are facing in the coming weeks!
April 2nd Video Update
Thanks for watching,
Carlton Flowers
The CryptoPro
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.
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.