Bitcoin Price Momentum Shifts Using Heikin-Ashi Candles
Heikin-Ashi candles are useful in identifying key momentum shifts in Bitcoin price trends. Sometimes sideways price action feels like a downtrend, and Heikin-Ashi candles have a way of visualization that phenomenon. Heikin-Ashi candles are lagging indicators, but are great at showing overall trends in the markets.
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Disclaimer: The information presented within this video is NOT financial advice.
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I used to make so called "box plots" from data from manufacturing quality control and they look exactly like candle plots. A box plot is a summary of a sample set in which the body of the candle ranges from the 25th percentile to the 75th percentile and the wicks go to the outliers. Crypto trades 24/7 which is why the concept of daily open and closes or weekly open and closes don't really make sense. I would love to use Boxplot candles for crypto, but don't know how to implement it.
Please continue to revisit Heike-Ashi candles during your BTC updates.
How does alt coins react when it's in the red vs this chart?
Ben you are my sunshine
wow, thx for this, learning new stuff from you all the time
I didn't understand why Ben calls it a "Lagging indicator" can someone explain it to me?
PD: Great video 😀
Just love these types of reason based indicator road maps Ben great work. I am new to Crypto space and enjoying the knowledge that is spread around by level headed experts such as yourself. Many thanks
Need to stay down while I discount shop
are these candles weekly?
Really enjoyed this video and this will definitely be another indicator I will use for a general over view. More videos like this on indicators would be very much appreciated. Just starting to use TA more regularly and your explanations are some of the best out there. Thanks for all your help with regards to education.
These are the candles I use 98% of the time. For BTC I also reference DXY.
Reversal soon Habibi Mid to early February.
Benjamin, you are the best! 🏆
Super helpful video . This has made everything a lot clearer and I think you have nailed it with the Heikin Ashi candles. 👍
The best info and whitout that unnecessary silly faces like many Youtubers make in order to allures people. Just hard info and not trash.
Thanks again Ben
Thanks for sharing Ben
You’re the best, thanks for explanation
Definitely one of the most, if not the most informative crypto channel out there. Thanks for educating your viewers and not just racking up views through hype.
Calm now thanks Ben
great video, very informative
Was something really good about this video
great fuckin video. just the fucking goat.
Thanks Ben update on avax, matic. Please
amazing. Learned something new today 🙂
10:16 it ezzz what it ezzz
My head hurts
Call me crazy, but I still see 60K by the end of the year :)))
Cool vid Ben!
"The Hiking Ashee candles"
you are a top fella. a great perspective
Thanks for a great crypto show and explanations somtimes we need to understand what we are doing Cheers BenKing Man
really love all your vids and haven't missed one in months, but this was just brilliant content on another level, thx for that!!!
you are hands down the most informative person in this whole community. thanks for cutting through the crap and fake hype!
I loved the “it is what it is” 🤣🤣
Monthly closing of 47125 holds support by now
Really great Educational video and I like it ( something different to learn ). You should make more TA courses like this one – it would be great to learn from serious mentor.
now it wont work anymore.. lol