Looking only at the candlestick chart can make you miss half the information. In the $WAL 15-minute holding period, holdings +74.12%, price +0.91%. Compare the two:
Holdings up, price up: new longs are entering.
If holdings keep piling higher, pay attention to whether the funding rate is also being pushed up. Would you dare to take action at this kind of level?
Holdings up, price up: new longs are entering.
If holdings keep piling higher, pay attention to whether the funding rate is also being pushed up. Would you dare to take action at this kind of level?