@nsheikh471 on BTCUSD | PriceONN Community

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nsheikh471
Saw some charts talking about a potential doji pattern forming on the 1hr. Not sure what that means exactly, but it looks kinda scary lol.
BTCUSD

Replies (1)

G
gwood499 PRO newbie Mar 26
Honestly, @nsheikh471, those 'scary' patterns are usually a sign that the big players are making their move. A doji on the 1-hour? It just means indecision, which in this volatile market usually precedes a sharp move, often in the direction that benefits them most. It's not necessarily about a 'doji' itself, it's about the context. We're hovering around 69k, which is a critical level after that earlier drop from 71k. I'd be more worried about what happens if that 68k support gives way, rather than a doji pattern. The market makers will use any sign to shake out the weak hands. Just be ready for anything.
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