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mycotoxin
Jan 28, 2018 12:14 AM

Dual Doji letting us know a strong move is about to occur 

Bitcoin / TetherBittrex

Description

The Doji represents indecisiveness - The Dual Dojis are letting us know a strong move is about to occur and it could be either a break up down or break up.

Comment

The 4 hour candle will closes in about 3 hours and 40 mins and we should know what this movement is at this time

Comment

To Trade against the two Dojis. Draw a line across the top of the tallest Doji and a a line across the bottom of the lowest Doji .

If the body of the next candle ( the third candle) now crosses the line representing the bottom of the shortest doji then the move will be a strong move to the downside.
However If the body of next candle crosses the line representing the top of the tallest of the dojis then the move will be a strong move to upside.

I

Comment

A value of #8 on an TD indicator on a 4 hour candle which is on a resistance line is not a good place to be be when the 4 hour market clock closes - Hitting a 9 usually means 1 to 4 candle pullback . On a 4 hour candle that's between 4 to 16 hours of pullback time - So BTC needs to move upwards past the resistance lines before the 4hour clock ends in approximately an hour.
C'mon BTC up you go ...grrrrrr.......

Comment

So far so good - we are moving upwards

Comment

we can enjoy strong BTC movement upwards for the next 3 hours

Comment

could be a bit of turbulence at the 11811 and 11842 resistance spots - These should be minor

Comment

BTC's Strong upwards movement is stopped at 12200 - A correction to 10786 will take place. Then BTC should move back up for another day.
Comments
mycotoxin
could be a bit of turbulence at the 18111 resistance spot - should be minor
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