🐋 $LIGHT has posted 5 consecutive bullish daily candles, gaining a total of +47.75% over that period. So far today, it's down -0.96%.
Several days in a row moving in the same direction suggests buyers or sellers have consistently had the upper hand—but the longer the streak, the more important it is to watch whether the momentum can hold.
Binance's daily candles open at 00:00 UTC and close at 00:00 the following day, which is 8:00 a.m. Beijing time. So today's daily candle starts at 8:00 a.m. today.
The same readings can mean very different things in different market conditions, so don't blindly apply a rule of thumb.
Several days in a row moving in the same direction suggests buyers or sellers have consistently had the upper hand—but the longer the streak, the more important it is to watch whether the momentum can hold.
Binance's daily candles open at 00:00 UTC and close at 00:00 the following day, which is 8:00 a.m. Beijing time. So today's daily candle starts at 8:00 a.m. today.
The same readings can mean very different things in different market conditions, so don't blindly apply a rule of thumb.