Felix000

What can Bitcoiners & Gold Bugs learn from a Doji in BTC Shorts

BITFINEX:BTCUSDSHORTS   BTCUSD Shorts
It looks like a Doji in Bitcoin Shorts favours the bears either from the start or with a trap. Bulls need to work out if worth learning to trade this info. Gold bugs also need to take note. Also worth noting last example was in a bitcoin uptrend therefore bears may be out of luck this time. A Bitcoin Longs study will follow this one. CAVEAT - small sample size. NOT ADVICE. DYOR.
Comment: Could not compare Doji's on the weekly with bitcoin shorts so I had to go for the daily with bitcoin longs - see charts of all examples below. It looks like a Doji in Bitcoin Longs favours the bulls when closes above the candlestick. Only time it did not in this sample was February 27th 2020. CAVEAT - small sample size. NOT ADVICE. DYOR.

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