Tripple Doji - indicating a strong movement is going to occur
Tripple Doji - indicating a strong movement is going to occur. It could be a breakdown or a break up .
But the movement will have a strong significant momentum and direction
But the movement will have a strong significant momentum and direction
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The 1 hour MACD has crossed , the 12 hour candle is on a 9 , the 2 hour candle is on a 9 and the 8 hour candle is on a 9 . The 12 hour and 8 hour are big candles that can inflict damage over several 12 hour and 8 hour periods and each of them on a 9 with a 1 to 4 hour candle pullback can be challenging
But Ive seen BTC the Bull do the impossible and blow past similar 9s in the past few days and Ive been humbled and proven wrong many times by BTC - so im going with this is a breakout upwards.
Also BTC tends hang around the area its about to break out from rather than move downwards . So im thinking this is break upwards.
But Ive seen BTC the Bull do the impossible and blow past similar 9s in the past few days and Ive been humbled and proven wrong many times by BTC - so im going with this is a breakout upwards.
Also BTC tends hang around the area its about to break out from rather than move downwards . So im thinking this is break upwards.
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If BTC drops below 10500 this can be problematic
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: BTC is putting that Trippe doji enhanced moment to good use , creating a nice candle to be used as a battering ram.
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Yes !! Looks like BTC has it - and the 3 dojis are going to give us a nice bull run.
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The thing bothering me is that candle is also a 9 candle - a 9 usually has a pull back associated with it
so BTC will have to open up a lot of distance between it and the line So the pull back does not take it back down
so BTC will have to open up a lot of distance between it and the line So the pull back does not take it back down
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Its only a 30 minute candle so BTC can kick it aside .
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The drop explains the 3 Dojis .
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I don't think the triple Dojis are done yet yet . A triple doji hit should be something like the graph below. In this case combined with the 12 hour candle it should be strong . I think because the effects are spread to the bigger candles ie. the 8 and 12 hour candles it will take about 48 hours to see the full effect.
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Thats 3 black crows on the 4 hour candle currently
Three black crows is a bearish candlestick pattern that is used to predict the reversal of the current uptrend. This pattern consists of three consecutive long-bodied candlesticks that have closed lower than the previous day with each session's open occurring within the body of the previous candle.
Three black crows is a bearish candlestick pattern that is used to predict the reversal of the current uptrend. This pattern consists of three consecutive long-bodied candlesticks that have closed lower than the previous day with each session's open occurring within the body of the previous candle.
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This is what I see using the 12 hour candle , There are 3 white solders on the 12 hour candle just before the current reversal candle. This current reversal candle will drop to around 10035 in 5 hours and 48 minutes.
After the reversal candle drops the combined height of the 3 white solders on the 12 hour will match the reversal candle plus the red candle matching the 1st of the white soldiers on the bottom .The result will be the reversal candle and the 3 white soldiers will cancel out as they will be of equivalent distance/ length,
What will be left will be another reversal candle on the 12 hour . This reversal candle has a drop to the 9296 resistance point. This drop was skipped during the climb up and will now be taken dropping BTC to 9297. This 12 hour candle is moving in 12 hour increments and it should take around 17 hours to complete these moves.
After the reversal candle drops the combined height of the 3 white solders on the 12 hour will match the reversal candle plus the red candle matching the 1st of the white soldiers on the bottom .The result will be the reversal candle and the 3 white soldiers will cancel out as they will be of equivalent distance/ length,
What will be left will be another reversal candle on the 12 hour . This reversal candle has a drop to the 9296 resistance point. This drop was skipped during the climb up and will now be taken dropping BTC to 9297. This 12 hour candle is moving in 12 hour increments and it should take around 17 hours to complete these moves.
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Note: the above comment was written yesterday so we should be on this portion below ?
"What will be left will be another reversal candle on the 12 hour . This reversal candle has a drop to the 9296 resistance point. This drop was skipped during the climb up and will now be taken dropping BTC to 9297. This 12 hour candle is moving in 12 hour increments and it should take around 17 hours to complete these moves. "
"What will be left will be another reversal candle on the 12 hour . This reversal candle has a drop to the 9296 resistance point. This drop was skipped during the climb up and will now be taken dropping BTC to 9297. This 12 hour candle is moving in 12 hour increments and it should take around 17 hours to complete these moves. "
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The 12 hour candle is a big candle with a big punch and superior take-down power , its counting down currently and will hit every 12 hours.
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it hasn't even laid down its first takedown candle, its just warming up .
This my seem unbalanced and BTC stands alone, but BTC knows Kung Fu, Krag magrav and Brazilian Ji-jitsu, and has unparalleled Kryptointe bull -power .
-May the best candle win.