First check the conditions: a 24h rise/fall does not replace the need for a 30m pullback/continuation confirmation.
Binance USDT-m margined perpetual | 24h +21.88%, current price 0.6372, 24h trading volume 42.1587 million.
Order flow: the 30m buy/sell ratio is 1.3576, with buy orders dominating; this is not a net inflow figure.
Reference indicators: the 30m ATR trend band reference level is around 0.559992; the current price is above it, which is relatively bullish; the 30m volume ratio is 2.106x.
Next, there are two possible paths: one is that the buy/sell ratio stays above 1.10, and the current price holds above the 30m ATR trend band reference level around 0.559992—only then will upside continuation be confirmed; the other is that the buy/sell ratio falls below 0.90, or the current price breaks below the 30m ATR trend band reference level around 0.559992—still, downside pressure must be watched.
In practice: look at the next full 30m candlestick—can the current price hold around 0.559992?
#GRASS #Intraday alert
Binance USDT-m margined perpetual | 24h +21.88%, current price 0.6372, 24h trading volume 42.1587 million.
Order flow: the 30m buy/sell ratio is 1.3576, with buy orders dominating; this is not a net inflow figure.
Reference indicators: the 30m ATR trend band reference level is around 0.559992; the current price is above it, which is relatively bullish; the 30m volume ratio is 2.106x.
Next, there are two possible paths: one is that the buy/sell ratio stays above 1.10, and the current price holds above the 30m ATR trend band reference level around 0.559992—only then will upside continuation be confirmed; the other is that the buy/sell ratio falls below 0.90, or the current price breaks below the 30m ATR trend band reference level around 0.559992—still, downside pressure must be watched.
In practice: look at the next full 30m candlestick—can the current price hold around 0.559992?
#GRASS #Intraday alert