Bitcoin's Price Action is Encouraging, Yet it May Not Signal Bottom: Traders – CoinDesk

Bitcoin's Price Action is Encouraging, Yet it May Not Signal Bottom: Traders – CoinDesk

Heiken Ashi and traditional candlesticks are constructed using an asset’s open, high, low and close prices for a specific period. Heiken Ashi, however, is an averaged version of traditional candlesticks. Therefore, it helps cut through the noise and facilitates better gauging of trend reversals than traditional candles.


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