The reason why I call myself DecisionDoji. To give you an edge in times like this.
I will update at the end of the week, after the close.
A Doji is formed when the opening price and the closing price are equal. A long-legged Doji , often called a “Rickshaw Man” is the same as a Doji , except the upper and lower shadows are much longer than the regular Doji formation. The creation of the Doji pattern illustrates why the Doji represents such indecision. After the open, bulls push prices higher only for prices to be rejected and pushed lower by the bears. However, bears are unable to keep prices lower, and bulls then push prices back to the opening price.
Read more at: commodity.com/technical-analysis...
https://www.investopedia.com/thmb/OgVOulDfdUj9a3u3R-rfWW7vicY=/1787x0/filters:no_upscale():max_bytes(150000):strip_icc():format(webp)/DojiDefinition2-1356bb5eca0d47b5a086d2589b9a306e.png
As time goes by, I will keep you updated on the evolution of the asset price, so make sure to follow me on Tradingview
If you have any questions or requests, fell free to ask.
@Djio_
BTC:3L7VtbwdgQqDb3CpkwCbMc6yCGRNaGJvuJ
ETH:0x574C747712E1fecD2A786fbdE7785B588625f94B
Disclaimer: This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the market, everything can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
I will update at the end of the week, after the close.
A Doji is formed when the opening price and the closing price are equal. A long-legged Doji , often called a “Rickshaw Man” is the same as a Doji , except the upper and lower shadows are much longer than the regular Doji formation. The creation of the Doji pattern illustrates why the Doji represents such indecision. After the open, bulls push prices higher only for prices to be rejected and pushed lower by the bears. However, bears are unable to keep prices lower, and bulls then push prices back to the opening price.
Read more at: commodity.com/technical-analysis...
https://www.investopedia.com/thmb/OgVOulDfdUj9a3u3R-rfWW7vicY=/1787x0/filters:no_upscale():max_bytes(150000):strip_icc():format(webp)/DojiDefinition2-1356bb5eca0d47b5a086d2589b9a306e.png
As time goes by, I will keep you updated on the evolution of the asset price, so make sure to follow me on Tradingview
If you have any questions or requests, fell free to ask.
@Djio_
BTC:3L7VtbwdgQqDb3CpkwCbMc6yCGRNaGJvuJ
ETH:0x574C747712E1fecD2A786fbdE7785B588625f94B
Disclaimer: This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the market, everything can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
