😤 10.5x volume, and one bullish candle forcefully punched through the previous 12-hour high of 0.71100—$GRASS closed at 0.71420, with the event candle closing at the 93% mark, almost at the high with no upper wick.
Volume kicked the door open. I'm still standing outside.
🔥 6 of 7 conditions are lit: close above the moving average cluster, RSI 68.6, CCI 186, and the 4h chart nodding above the cluster. The direction looks decent.
😳 But look up: the close is already +7.34% above the top of the moving average cluster at 0.66535—the biggest deviation in nearly 96 candles. It's hanging in midair, feet not on the ground. BTC and ETH are both leaning bearish, and the door for altcoin longs is firmly shut. Reaching in now would mean taking the first hit after this 10.5x volume surge.
👀 I'm not opening a position. I'll wait.
I'll wait for a pullback that holds above the top of the moving average cluster at 0.66535, and for the 1h chart to stabilize before considering a long. 0.71420 is the dividing line—was this the first real breakout after a long bear trend, or will it flinch after just brushing the top of the cluster?
Three charts are right here. Are you betting it pulls back, holds 0.66535, then moves up—or was this huge-volume candle the short-term top? Pick a side in the comments.
#ETH #BTC $ETH $BTC
Volume kicked the door open. I'm still standing outside.
🔥 6 of 7 conditions are lit: close above the moving average cluster, RSI 68.6, CCI 186, and the 4h chart nodding above the cluster. The direction looks decent.
😳 But look up: the close is already +7.34% above the top of the moving average cluster at 0.66535—the biggest deviation in nearly 96 candles. It's hanging in midair, feet not on the ground. BTC and ETH are both leaning bearish, and the door for altcoin longs is firmly shut. Reaching in now would mean taking the first hit after this 10.5x volume surge.
👀 I'm not opening a position. I'll wait.
I'll wait for a pullback that holds above the top of the moving average cluster at 0.66535, and for the 1h chart to stabilize before considering a long. 0.71420 is the dividing line—was this the first real breakout after a long bear trend, or will it flinch after just brushing the top of the cluster?
Three charts are right here. Are you betting it pulls back, holds 0.66535, then moves up—or was this huge-volume candle the short-term top? Pick a side in the comments.
#ETH #BTC $ETH $BTC
