This candle wraps up in 5 more hours. We can expect a fall to the 8xxx area between now and the next 5 hours
Note this is a 7 hour candle so it can change direction and move upwards past the Dojis in the next 5 hours also which will take it to 11465,
There are many Bull trap and Bear trap signals currently being generated in the crypto markets. during this correction . The only way we can reliably tell a coins direction is when it breaks past a resistance point.
BTC currently needs to confirm its direction by crossing the 10560 esistance and it has to do so within the next 3 hour and 30 minutes.
This is because the 7 hour candle wraps up at this time and this candle has 3 dojis assigned to it. The 3 doji formation is very rare but it tells us that strong movement and a decision is going to be made during the next 3 hours and 30 minutes when this candle wraps up and it could be an up or down movement.