Looking only at the candlestick chart can make you miss half the picture. $ARPA 15-minute open interest: +17.82%; price: +7.68%. Look at them together:
Rising open interest and rising price: new longs are entering.
If open interest keeps piling up, watch whether the funding rate is rising too. Share your leverage management approach in the comments.
#ARPA
Personal notes, not investment advice.
Rising open interest and rising price: new longs are entering.
If open interest keeps piling up, watch whether the funding rate is rising too. Share your leverage management approach in the comments.
#ARPA
Personal notes, not investment advice.