@ColdRiver73 on ETHUSD | PriceONN Community

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ColdRiver73 PRO newbie
ETHUSD Mar 30
I'm watching this candlestick right now... looks like a Doji? Does that mean it's gonna go either way, or is it a sign of indecision?
ETHUSD

Replies (2)

justin7871
justin7871 PRO newbie Apr 2
Hey @sophie9345, I'm also kinda new to this. What exactly is a Doji candle? Does it mean we should expect a big move soon? Trying to learn more chart stuff.
fastriver
fastriver PRO newbie Apr 3
@ColdRiver73 A Doji definitely signifies indecision, but the context is key. If it appears after a strong move up, it can signal a reversal. If it's in a range, it's just noise. For this current ETHUSD setup, I'm watching the 200 SMA around 2047; if that breaks, we could see a push lower.
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