davidflana

wooooh! Bitcoin inverted hammer on the daily chart yesterday!

BITFINEX:BTCUSD   Bitcoin
The old hammer reversing signal.... looks like the bears won the day yesterday. That inverted hammer says nope! Not gonna keep climbing from here! I've also seen TA that was tilting bullish talking about Elliot waves and I believe they have failed. So... not tryng to be Elmer Fud here, but it doesn't look like this is the recovery. Get ready for $6,000! I like the sound of a double bottom before full reversal.
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