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Cryptocurrencies: Evening Hammers On Display

06/14/2022

Less than a minute

2022.06.14 07:40

These markets are 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:

Cryptocurrencies: Evening Hammers On Display ETH Chart

Cryptocurrencies: Evening Hammers On Display BTC Chart

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!

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06/14/2022

Less than a minute