A doji candlestick
pattern at a confluence level marked by previously established resistance, the 50 SMA
, and the 200 EMA
. Short at 538, stop at 600, target profit 400 at least. I'm not in this trade as I'm not a BTC
trader -- and I'll most likely be participating in it from the long side if I ever do -- but I am watching price action and journaling my thoughts to get a feel for it.