bloodbound696

Invalidated text-book Tri-Star Doji? But still a Tri-Star?

COINBASE:BTCUSD   Bitcoin
BTC/USD - Coinbase
- This is just an well timed update on my previous video nothing crazy... nothing you can't put together in 2 minutes tops.
- Weekly candle has close invalidating the text-book reversal candlestick Tri-Star Pattern. Instead... it formed still a Tri-Star but I don't know how to treat it because this type, (I think...) Comes from the downtrend, but alas we have found ourselves with the pattern coming from an Uptrend and a strong one at that.
- 4hr TTM Squeezes on multiple crypto currencies with TD 7-9's accompanied by A13's on the same timeframes.
- on BTC the 4 hour exposes a Diamond Bottom that has shot up the same way it came from. With having broken the anxiety filling pattern now confusion has set instead.
- I still think volatility is under way, especially as we mature between what's left of the bigger most outer triangle.
- We are also pushing and sliding across the inside walls of inner triangle allowing us to ever so slightly close candles higher and higher due to it giving us more space to move around in as we approach to the right in terms of time.
- If we keep going higher most likely we could get an immense amount of orders to go higher potentially to the areas that I had projected in Green but could still get shut down in terms of the weekly.
- Interestingly enough by moving more to the right, if we were to fall via the volume well we would get a possible interaction, a stop or interruption by the upward angled trend line of the Triangle we are maturing in. Due to the fact that the previous doji had more space to fall without buy orders in the way, now it's a bit higher in theory.
-Again... This is just an Update video nothing crazy. Anyway make sure to be on watch like I said before this is basically a waiting game.
-Also forgot to mentioned... the 1st red doji was definitely more bearish despite it being red. The 2 Green ones that Just completed were more Bull indications despite it being green from their wicks so maybe that's a good sign for the bulls in terms of Local Weekly timeframe Data.

Hope you guys enjoyed.

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