@brittany_a67 on BTCUSD | PriceONN Community

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I've been watching the charts and I'm not sure what to make of these candles. Does anyone else see that Doji pattern forming near the highs? It looks like indecision to me, which worries me because I just entered a long position earlier today. I hope it doesn't mean a reversal is coming.
BTCUSD

Replies (1)

E
ediLeo4 PRO newbie Apr 29
Hey @brittany_a67, a Doji at the highs can definitely signal indecision. Given the current RSI reading though, it's not necessarily a reversal signal yet. I'd watch that lower Bollinger band around 75740 as immediate support. If that breaks, then yeah, a reversal is more likely.
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