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Cryptocurrencies: Evening Hammers On Display

By Tim KnightCryptocurrencyJun 14, 2022 12:32AM ET
www.investing.com/analysis/cryptocurrencies-evening-hammers-on-display-200625713
Cryptocurrencies: Evening Hammers On Display
By Tim Knight   |  Jun 14, 2022 12:32AM ET
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These markets are very exciting recently. I want you to take careful note of the hammer bars being formed in crypto at this very moment. Below, charts for Ethereum and Bitcoin:

ETH Chart
ETH Chart

Ethereum

BTC Chart
BTC Chart

Bitcoin

The last time this happened (assuming they stick) was back on May 12th, a crucial market bottom for equities, particularly for the small caps. Unless today's PPI spoils the party, this could set up things nicely for a big rally!

Cryptocurrencies: Evening Hammers On Display
 

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Cryptocurrencies: Evening Hammers On Display

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Comments (2)
ECL SALES
ECL SALES Jun 14, 2022 12:57AM ET
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PPI would be uneventful. FED is the key.
Charles Can
Charles Can Jun 14, 2022 12:34AM ET
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Hello sir, do you analyse synthetics too? thanks
 
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