🚨 $DASH : 5 consecutive days of gains on the daily chart 🔥
Hold on—before you act, make sure you understand consecutive bullish and bearish candles 👇
Consecutive bearish candles on the daily chart carry different weight from consecutive candles on the 4-hour chart: each daily candle represents a full day of buying and selling, so several candles of the same color in a row are less common on the daily chart.
There’s no set duration for a bullish or bearish streak. Sometimes it lasts many days; sometimes it reverses after just a few. The number of days alone can’t tell you what will happen next.
The point of understanding this indicator is to avoid being misled by a single number—not to use it to predict price movements.
Hold on—before you act, make sure you understand consecutive bullish and bearish candles 👇
Consecutive bearish candles on the daily chart carry different weight from consecutive candles on the 4-hour chart: each daily candle represents a full day of buying and selling, so several candles of the same color in a row are less common on the daily chart.
There’s no set duration for a bullish or bearish streak. Sometimes it lasts many days; sometimes it reverses after just a few. The number of days alone can’t tell you what will happen next.
The point of understanding this indicator is to avoid being misled by a single number—not to use it to predict price movements.