Grassusdt gave us a doji candle, from theory, there should be reversal, from practice, it appeared during strong bullish trend. Is there going to be a reversal soon? Let's find out!
Trade closed: target reached
Here is a good example of how a DOJI candle works in a real-life environment. After the DOJI candle appeared, the closest resistance was re-tested, and GRASS/USDT continued its growth. Stay sharp!Note
Btw., forgot to mention that next reversal from 0.618 fib was made again with doji candle. Wicks dont lie? :)
Note
Quick update, grass is trading now at 2.42 levels.Was this the doji only catalyst for reversal? Sure it was not, volume, rsi etc. were giving the same vibe.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.