BTW first check the conditions: the 24h price change does not replace confirmation of 30m follow-through.
Binance USDT-margined perpetual | 24h +25.92%, current price 0.7603, 24h trading volume 50.511 million.
Order flow: the 30m active buy/sell ratio is 1.8643, with active bids in advantage; this is not net capital inflow data.
Reference indicators: the 30m ATR trend-band reference level is 0.6144957491635039; the current price is above it, showing strength. The 30m MA5 is 0.64082; the current price is above it, showing strength.
Next there are two possible paths: one is that the active buy/sell ratio stays above 1.10, and the current price holds the 30m ATR trend-band reference level 0.6144957491635039; only then can the upside follow-through be confirmed. The other is that the active buy/sell ratio falls and breaks below 0.90, or the current price drops below the 30m ATR trend-band reference level 0.6144957491635039; in that case, downside pressure still needs to be watched.
In practice, watch specifically: can the next complete 30m candlestick hold 0.6144957491635039?
#BTW #anomaly alert
Binance USDT-margined perpetual | 24h +25.92%, current price 0.7603, 24h trading volume 50.511 million.
Order flow: the 30m active buy/sell ratio is 1.8643, with active bids in advantage; this is not net capital inflow data.
Reference indicators: the 30m ATR trend-band reference level is 0.6144957491635039; the current price is above it, showing strength. The 30m MA5 is 0.64082; the current price is above it, showing strength.
Next there are two possible paths: one is that the active buy/sell ratio stays above 1.10, and the current price holds the 30m ATR trend-band reference level 0.6144957491635039; only then can the upside follow-through be confirmed. The other is that the active buy/sell ratio falls and breaks below 0.90, or the current price drops below the 30m ATR trend-band reference level 0.6144957491635039; in that case, downside pressure still needs to be watched.
In practice, watch specifically: can the next complete 30m candlestick hold 0.6144957491635039?
#BTW #anomaly alert