BTC Inverted Hammer :O

[WAndreas]

Look at the timeframe you are on bro, you cant be doing this

The monthly timeframe may well prove handy for long-term investing, no?

 

[marcoruben]

The monthly timeframe may well prove handy for long-term investing, no?

I'll take anything over the 1 minute timeframe hes showing. 4h, 1d, 1w, month is going to lag.

 

[WAndreas]

I'll take anything over the 1 minute timeframe hes showing. 4h, 1d, 1w, month is going to lag.

We are all different, and we all have different approaches. Can you work on these timeframes? Good for you (if you can)!

 

[WAndreas]

inverted hammer!

And now an Inverted Hammer has indeed formed on the monthly chart. In addition, the price closes below the previous candle's high, having previously updated it. All this may indicate a possible downward movement.

Spoiler: Chart