05-02-2020, 09:52 AM
Top Technical Analyst Claims Latest Bitcoin Engulfing Candle Isn’t Bullish
Last night’s Bitcoin monthly April candle closed as a bullish engulfing, often considered a reversal candle by traders and analysts. Bulls must beware, however, as one of the most respected top technical analysts recommends not trading this setup when the primary trend is down, as more often than not it leads to another devastating crash....
https://www.newsbtc.com/2020/05/01/top-t...ullishKind Regards R
Last night’s Bitcoin monthly April candle closed as a bullish engulfing, often considered a reversal candle by traders and analysts. Bulls must beware, however, as one of the most respected top technical analysts recommends not trading this setup when the primary trend is down, as more often than not it leads to another devastating crash....
https://www.newsbtc.com/2020/05/01/top-t...ullishKind Regards R