Note the Pinbar the doji and the 8 on the candle

Note the Pinbar the doji and the 8 on the candle

Komentarz:

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Komentarz:

My interpretation is after the 8 is a 9 which is usually a change in the direction and a 1 to 4 candle pullback ( this is using the 45 min candle ) .
The Pinbar usually reverses the direction and the doji continues the movement .

My interpretation is this means is BTC can drop close to the bottom of the channel at 8900 then move back up . It will not be a fast move and will happen slowly.

This is just my interpretation and of course nothing can happen and BTC just continues upwards

Komentarz:

There it goes - should stop around 8900 depended in your exchange

Komentarz:

There are two stops one a 9120 and the other at around 8900

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closing out