🐋 $BTW has had 7 consecutive bullish daily candles, gaining a cumulative +71.88% over that period. So far today, it’s up +10.14%.
Several days in a row moving in the same direction means one side has stayed in control—but the longer the streak, the more important it is to watch for whether it can continue.
Binance’s daily candles open at 00:00 UTC and close at 00:00 the following day, which is 8 a.m. Beijing time. So today’s daily candle starts at 8 a.m. local time.
Streaks of same-colored daily candles can also happen in choppy markets: several candles may be slightly up or down and share the same color, while the cumulative move remains limited. In that case, the streak is less meaningful.
Extreme readings often come with sharper volatility. That’s when it’s better to scale back your position rather than make a big bet.
#BTW
Several days in a row moving in the same direction means one side has stayed in control—but the longer the streak, the more important it is to watch for whether it can continue.
Binance’s daily candles open at 00:00 UTC and close at 00:00 the following day, which is 8 a.m. Beijing time. So today’s daily candle starts at 8 a.m. local time.
Streaks of same-colored daily candles can also happen in choppy markets: several candles may be slightly up or down and share the same color, while the cumulative move remains limited. In that case, the streak is less meaningful.
Extreme readings often come with sharper volatility. That’s when it’s better to scale back your position rather than make a big bet.
#BTW