First look at the conditions: 24h gain/loss does not replace confirmation of a 30m continuation.
Binance USDT-margined Perpetuals|24h +20.21%, current price 0.0151, 24h trading volume 24.8813 million.
Order flow: 30m buy/sell ratio 1.0385; the active buy and sell are close to balanced—this is not net inflow data.
Reference indicators: The 30m ATR trend band reference level is around 0.0136078; the current price is above it, which is bullish. The 30m volume ratio is 3.957x.
Next, there are two possible paths: one is when the buy/sell ratio breaks upward above 1.10, and the current price holds the 30m ATR trend band reference level near 0.0136078—only then can upside continuation be confirmed. The other is when the buy/sell ratio drops below 0.90, or the current price falls below the 30m ATR trend band reference level near 0.0136078; in that case, you still need to guard against downside pressure.
In particular: watch the next complete 30m candlestick—can the current price hold around 0.0136078?
#W #Anomaly Alert
Binance USDT-margined Perpetuals|24h +20.21%, current price 0.0151, 24h trading volume 24.8813 million.
Order flow: 30m buy/sell ratio 1.0385; the active buy and sell are close to balanced—this is not net inflow data.
Reference indicators: The 30m ATR trend band reference level is around 0.0136078; the current price is above it, which is bullish. The 30m volume ratio is 3.957x.
Next, there are two possible paths: one is when the buy/sell ratio breaks upward above 1.10, and the current price holds the 30m ATR trend band reference level near 0.0136078—only then can upside continuation be confirmed. The other is when the buy/sell ratio drops below 0.90, or the current price falls below the 30m ATR trend band reference level near 0.0136078; in that case, you still need to guard against downside pressure.
In particular: watch the next complete 30m candlestick—can the current price hold around 0.0136078?
#W #Anomaly Alert