Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by El duderino_ (3)
Classic case of low volume = easy manipulation, whether up or down...
Looks like someone decided to liquidate the short positions in order to place their own
Good time to be taking shitcoin profits back to Bitcoin by looks of it though!
The market is total bullshit atm.
Quote from: Investopedia
A gravestone doji is a bearish reversal candlestick pattern that is formed when the open, low, and closing prices are all near each other with a long upper shadow. The long upper shadow suggests that the bullish advance in the beginning of the session was overcome by bears by the end of the session, which often comes just before a longer term bearish downtrend.
https://www.investopedia.com/terms/g/gravestone-doji.asp