If you are like me, you trade mostly using the 4h and 1day chart, sometimes looking at the 1h chart. But we rarely take a look at the big picture being shown on the 1month chart which could provide very good pattern recognition signals.
Take a look at the shooting star candle on for December 2017, when bitcoin reached an all time high and then crashed.... Take a look at the present monthly candle.... does not augur well for February!!!
Take a look at the shooting star candle on for December 2017, when bitcoin reached an all time high and then crashed.... Take a look at the present monthly candle.... does not augur well for February!!!