zippy1day
Long

Bearish 2 Doji

KRAKEN:ETHXBT   ETHXBT
307 4 5
Took some profits when I saw the two Doji . Does not mean it goes as low as this but worst case scenario!
what do you think, are we going down ? or is this just a correction due to RSI being over 70 for too long?
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zippy1day PRO zeratul600
http://econintersect.com/b2evolution/blog3.php/2011/06/11/the-double-triple-doji-have-we-been-warned
If you read this article it can show the possibilities of a 2 Doji Candle pattern, so yes I think it is possible we go much lower don't you think?
The RSI topping out also adds weight to this but not the only reason!
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295 maybe?
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zippy1day PRO TheBigLebowski
Worst case 215 ~ 222 not sure could do with some advice on this one as have been bullish up to 0.05 which would mean we are going to see some volatility!
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