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Josh Rager πŸ“ˆ
Weekly "Bullish Engulfing" Candle Strong uptrend followed by pullback with "bullish engulfing" candle led to continued uptrend last bull cycle Current uptrend is showing similar patterns The weekly close above $8740 could likely signal a continuation to new yearly highs
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peaceful 90s Jun 16
Replying to @Josh_Rager
Also if the support is really strong, couldn't we expect to see some stop licking...im not seeing any, and given that we're putting in higher prices without putting higher in momentum, in in belief this is a bull trap
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Josh Rager πŸ“ˆ Jun 16
Replying to @Angry90sjeune
It can wick below for sure - but the candle body opens and if green - can go up to surpass previous open of bear candle like this past couple weeks
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Cryptoβ‚Ώulliever πŸ‡³πŸ‡± Jun 15
Replying to @Josh_Rager
We’ll get a CME-rekt-Monday πŸ™ˆ
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Josh Rager πŸ“ˆ Jun 16
Replying to @MvB78
Probably πŸ˜‚
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peaceful 90s Jun 16
Replying to @Josh_Rager
These arent true engulfing. Shadow and body should be totally covered.
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Josh Rager πŸ“ˆ Jun 16
Replying to @Angry90sjeune
That's why I put "bullish engulfing" You technically can't have engulfing for crypto with open/close due the 24/7 market So its close and technically engulfing the previous open/close So yes. I agree
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Karan Talwar Jun 15
Replying to @Josh_Rager
My dude what does this mean for alts? Should we be trading alts at all? If yes, BTC paired or USDT paired? Thanks
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Josh Rager πŸ“ˆ Jun 15
Replying to @Karan_Talwar27
Look at dominance chart, likely many will go down in sats but up in USD
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Josh Rager πŸ“ˆ Jun 15
Replying to @CryptoKillJoy1
Thus the "?" and the "could likely" A close this high would typically be quite bullish on the macro trend
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