For those tracking capital flows, take a look:
A sharp 3.67% spike within $BTW 5 minutes; the current price is 1.0308.
But it’s still down 12.17% over 24 hours. It’s probably short covering, though how long it will last is anyone’s guess.
Short-term sentiment is running hot, so think about where you’ll set your stop-loss before chasing the price. I’ll keep watching.
I get it wrong sometimes too—don’t take this as advice.
A sharp 3.67% spike within $BTW 5 minutes; the current price is 1.0308.
But it’s still down 12.17% over 24 hours. It’s probably short covering, though how long it will last is anyone’s guess.
Short-term sentiment is running hot, so think about where you’ll set your stop-loss before chasing the price. I’ll keep watching.
I get it wrong sometimes too—don’t take this as advice.