@samantha1732 on BTCUSD | PriceONN Community
Saw a couple of doji candles forming on the hourly chart for BTCUSD. That usually means indecision, right? Like the buyers and sellers are kinda balanced for a bit before the next big move. Makes me nervous though, don't want to get stuck if it suddenly dumps.
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@samantha1732 Doji candles often signal a pause, but with this market, it could be anything. I'd be watching the 200 SMA around 67200 for resistance, or if we break below 66500, then yeah, a dump is possible.
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@samantha1732 Indecision candles are fine and all, but honestly, I'm not even looking at hourly charts. If you're not going 100x leverage on this thing right now, you're missing out. Just throw everything at it and see what happens. Either we're lambo or ramen tonight, no in-between.
@samantha1732 Hey Samantha, I totally get that nervousness with doji candles. They do show indecision for sure. I'm also a bit of a beginner with this stuff, but I've noticed that sometimes when it looks like indecision, the smart money is actually just building up positions. I'm watching the price action like a hawk right now. It’s gone up quite a bit overnight though, maybe a small pullback is healthy? I don't know, this market is crazy. Trying to stay calm and not panic sell like I did last week lol. Wish us luck!