#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


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