There is a TUG OF WAR between the BEARS and the BULLS. How do I know BTC isn't doomed yet?
Because as long as the BULLS are in control, there will be no bearish reversal. This will be determined in 5 days and 22 hours.
I have a HANGING MAN on a one-week TF. It has been confirmed as HM. It has a hidden message and I will unveil it for all of you.
1. Hanging Man confirmation
2. Nothing to take as a joke and it has significant importance
3. It has a Potential BEARISH REVERSAL in the market
4. To be a HANGING MAN: one needs a tiny upper wick, a small body, and can be red or green, A HANGING MAN needs to have at least 2x's the wick size of a HM candlestick body and all this has been confirmed.
If BEARS takes control, then that means, the next one-week candlestick candlestick will print below the HM body and it can not have a long bottom wick otherwise a long bottom wick represents momentum to the upside.
Stoch RSI is playing out a bearish reversal on a 1wk TF but the BULLS have muscle.
The most recent candlestick did not print underneath the HM because the BULLS took over before it made its way underneath the candlestick.
This next candle must not be underneath the HM body.