#ETH #BTC = Damn Bearish Weekly Candles = 08.01.2022 $ETH #Ethereum #fintwit #crypto #Bitcoin $BTC

The just printed weekly ETH and BTC candles and formations are damn bearish and they are rarely mistaken. While the bullish odds are never zero, they are close to zero this time and the lower prices for the coins are almost guaranteed some time next week. All rallies could be fake until we get a reliable bullish reversal combo on the weekly frame.

Note: the candles are from investing.com that wraps the weekly ones on Saturdays.

Follow @InvestingAngles – we specialize in mid and long term forecasting on crypto and other tradeable assets.

Some recent calls:

Ethereum Daily Analysis – Jan 7 2022

Bitcoin Daily Analysis – Jan 7 2022

2022 Long Term Forecasts

WEEKLY ANALYSES

If you already follow @InvestingAngles on Twitter and would not want to miss an important post, you can follow the blog on WordPress by email (free service). In this case, all posts will be sent to your inbox directly, including those with Premium Content. The Premium Content sections of the posts will be readable only if you have an active subscription.

A $10 USD monthly subscription gets you access to the monthly and weekly analyses, mid and long term forecasts for cryptocurrencies, major US and some world indices, precious metals and miners, commodities, popular stocks and more. There is no free trial. For $10 USD you can evaluate the service for a month and discontinue the subscription at any time.
https://investingangles.com/subscription/

%d bloggers like this: