Is this the beginning of hope for us crypto Hodlers? This week has been showing lots of green and the green color is so beautiful. The bear market has been hitting us so hard, we are ready to hold on to any little hope we get. I guess this is one of those moments where you can boldly say that the tenth time is a charm. While the bear run has been running through us, we the Hodlers can boldly look at ourselves and pat ourselves at the back and say we are doing great. It’s has not been easy staying positive especially seeing the value of our holdings going way lesser now. 



![BEA9A3D7-BDA8-4399-9D05-2753F2DDE35A.jpeg](https://images.hive.blog/DQme3hEKbmF3J3YaZat5Cbm8btpw94Vpidmx5zs4buUW5Np/BEA9A3D7-BDA8-4399-9D05-2753F2DDE35A.jpeg)

I wanted to buy a laptop few weeks ago, I felt it was wiser to buy some coins with the money so that when they pump, I can buy the laptop and still have some for myself. The market seemed promising as it has been dipping for a long time, I bought some altcoins with the money and the market went dipper. The value of my money went down 30%, that’s sad because the money can no longer buy my laptop and I have to wait to break even or just get money else where to buy my laptop. 


I remember this not being the case in 2021, in 2021 I could have invested that money and few days later I should be having over 15% profit value added to the coin. That is the beauty of being in the Bull market. 

# Candle Analysis 



![3AD93159-6EA0-435F-BF93-5466A8B28F89.jpeg](https://images.hive.blog/DQmZ98zq7LvqtuHBbNCo2wpWSc3Yf3gFNTQeSirP3MVFpDw/3AD93159-6EA0-435F-BF93-5466A8B28F89.jpeg)



From the above candle, you can see how hopeful the chart is. If you are used to price action or you know how to analyze a chart with price action, then I guess you will be able to relate seeing this current market chart. 



**9Th Of May**



![DE958E43-C3C6-4E79-952D-D231C8933683.jpeg](https://images.hive.blog/DQmeutCqpnQDSZdK6rexAX6XpVMM4LY35DL34uz4PVuKqZQ/DE958E43-C3C6-4E79-952D-D231C8933683.jpeg)



From the chart above you can see that a hammer was formed on the 7th Week, but it was a red hammer candle, which was supposed to give a reversal sign that a hopeful Bull trend might start soon. Unfortunately another little minute hammer was formed after, making it the 8th week,  from the length of the candle you can see that there was less volatility compared to the massive hammer close to it. Same thing happened on the 9th week but on the tenth week, an inverted green hammer was formed, this gave a better hopeful Bull sign than the 7th sign. After the candle came a bear candle, the week hasn’t ended yet so we don’t know the type of candle it will be closing yet. 


# Wen ATH?
In April 2021, ATH was $64k, 7 months later, we saw another ATH of $69k after seeing lots of dips between April and November. When are we going to see another ATH, well we don’t know, but I am hoping we see it before this year ends. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@readthisplease/finally-a-green-candle-closing-on-the-10th-week)