$MRNA: I love using Heikin-Ashi candles on the monthly chart to identify trend reversals. From August 2024 to May 2025, the candles showed large ranges with long lower shadows, indicating a dominant downtrend. In June 2025, the first green candle appeared, but it had upper and lower wicks, and the price remained below the monthly EMA6. During the second half of 2025, you can observe that the candles narrowed significantly. The low of 23, which had held support three times, was broken—and the bearish breakout was rejected. Finally, in December, a candle with a long upper wick and a close above the monthly EMA6 confirmed to me that the bottom had formed.
TautilasShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.