Ethereum 'double doji' pattern hints at a 50% ETH price rally by September
ETH's bullish reversal candlesticks form near a strong support confluence, raising anticipations about a sharp upside retracement ahead. Ethereum's native token, Ether (ETH), looks poised to undergo a sharp upside retracement in the coming weeks after painting a so-called "double doji" pattern, accompanied by a few bullish technical indicators.Ether strong support confluence meets dojisTo recap, a doji is a candlestick that forms when a financial instrument opens and closes around the same level on a specified timeframe, be it hourly, daily, or weekly. From a technical perspective, doji....
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Bitcoin price is now up $6,000 from yesterday’s low in a flash. A long wick below support is now left behind, forming a Japanese candlestick formation called a dragonfly doji. With a large follow through by crypto bulls already, a daily close above $36,000 could leave a reversal pattern behind on the charts. But to […]