Looking only at candlesticks can make you miss a lot of information. $MET 1-hour open interest is up 8.05%, while the price is up 4.08%. Taken together:
Open interest rising and price rising: new longs are entering aggressively.
If open interest keeps increasing, watch to see whether the funding rate rises along with it. How much leverage do you usually use?
#MET
Markets involve risk. Invest with caution.
Open interest rising and price rising: new longs are entering aggressively.
If open interest keeps increasing, watch to see whether the funding rate rises along with it. How much leverage do you usually use?
#MET
Markets involve risk. Invest with caution.