BTC: There shouldn't be a spinning top after the Marubozu
Marubozu usually indicates strong movement up; however here BTC has created an indecisive spinning top instead of continuing the movement up .
The spinning top also forms a double top with the wick to the left of it,
whats this mean >
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a) This means if BTC moves above the spinning it can move to 40700 .
b) However if BTC moves below the bottom of the spinning top it can move to 34k and possibly 27k
The spinning top also forms a double top with the wick to the left of it,
whats this mean >
---------------------
a) This means if BTC moves above the spinning it can move to 40700 .
b) However if BTC moves below the bottom of the spinning top it can move to 34k and possibly 27k