mycotoxin

Dual Doji after long upward climb

mycotoxin Updated   
BITSTAMP:BTCUSD   Bitcoin
Dual Doji after long upward climb
Comment:
This normally signals an upcoming reversal . But BTC is currently bulldozing everything out of its way and following no ones rules so who knows if BTC will even notice the Dojis

> Me: BTC did you notice those Dojis ?
>BTC: What Dojis , there were some Dojis ? I gotta run to 12k , catch you later .
Comment:
A dual doji drop can be a devastating drop so if BTC does slip look out below . Confirmation is if BTC drops past the Doji at 10400 .
Note: The Dual Doji effect is negated if BTC moves forward to 10880.
Comment:
The 1 hour MACD has crossed , the 12 hour candle is on a 9 , the 2 hour candle is on a 9 and the 8 hour candle is on a 9 . The 12 hour and 8 hour are big candles that can inflict damage over several 12 hour and 8 hour periods and each of them on a 9 with a 1 to 4 hour candle pullback can be challenging

But Ive seen BTC the Bull do the impossible and blow past similar 9s in the past few days and Ive been humbled and proven wrong many times by BTC - so im going with this is a breakout upwards.
Also BTC tends hang around the area its about to break out from rather than move downwards . So im thinking this is break upwards.
Comment:
BTC is putting that Trippe doji enhanced moment to good use , creating a nice candle to be used as a battering ram,

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