Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Cosmic Beyonders
on 11/04/2022, 08:53:36 UTC
Doji candle Haha..

Hold your seats the journey ia going to began

Doji is an indecesive candle, not a trend reversal candle.

Also, the timeframe you are posting here is 4H.
Quote
The pattern can be found across any time frame but has greater significance on longer-term charts as more participants contribute to its formation.
https://www.investopedia.com/terms/l/long-legged-doji.asp

Quote
Alone, doji are neutral patterns that are also featured in a number of important patterns.
https://www.investopedia.com/terms/d/doji.asp

In the above example, we can see a Long-legged Doji.
Quote
The pattern is not always significant, and won't always mark the end of a trend—it could mark the start of a consolidation period, or it may just end up being an insignificant blip in the current trend.
https://www.investopedia.com/terms/l/long-legged-doji.asp

Glad to know here are people worse than me in TA.

I have checked your Explanation as well but still its 4H so it is worth watching i know as the Larger the Time span we take the better results, for now, i am considering it as a hope.

By the My theory as i always mention it in my posts for the whole of 2022 is That a Side ways market within the range of 40k to 55k there are 80% chances for this probability still its market consider 20% New ATH or close to ATH.