ALCH contract side, don’t panic first. Specifically: first hold back the impulse to buy the dip, and watch the end of the selling pressure. The previous complete 5m candle was -5.50%; current price is 0.05579; 24h volume is 15.3214 million; VWAP is 0.056122, above it; ADX is 66.0.
Can the pullback manage to reclaim VWAP 0.056122? Whether the second candle’s trade volume continues to cooperate—whether it’s more important than the first.
#ALCH #anomaly alert
Can the pullback manage to reclaim VWAP 0.056122? Whether the second candle’s trade volume continues to cooperate—whether it’s more important than the first.
#ALCH #anomaly alert