calmrat

Heikin-Ashi closing in on a daily reversal

INDEX:BTCUSD   Bitcoin
As the US markets fire up for the day, the Heikin-Ashi candles cool off. Is it time to peal off a little bear meat-yakiniku from the grill?

Heikin-Ashi - the self-proclaimed "better candlesticks" - indicate a possible reversal from bearish territories, into bullish.

Though, it's not a rule, it's usual to see multiple successively smaller Heikin-Aashi candles leading into the reversal.

If this indicator has anything to say for itself then, within the next few days could likely see the start (or continuation) of rally to the upside.


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