😤 48x volume. One candle blasted straight through 0.080290, which had held for 12 hours, and closed at 0.080750.
$ELSA That 15-minute move was real volume, and a real breakout. I stared at the screen without moving.
💀 But when I lay out the conditions—only five of seven are flashing green. The bearish setup still accounts for 61% of nearly the last 96 candles. The 1h chart is bouncing while still in bearish territory, and the 1d chart hasn’t given the nod either.
🔥 This isn’t a bullish move with the trend; it’s a high-volume push upward amid a pile of bearish signals. Price is already 16.3% away from the moving-average cluster, with RSI at 75.5 and CCI at 164. Chasing it now means buying into extreme heat.
👀 So I’m staying out. If it pulls back without falling below the top of the moving-average cluster, around 0.069441, and the 1h chart stabilizes, then I’ll see if there’s a long to take. For now, I’m watching.
⚡ 0.080750 is the level it just broke through; 0.069441 is the line I’ve drawn. Will it pull back and hold first, or will this surge fizzle out?
Three charts right here. Are you betting it’ll ride the volume higher, or pull back after the spike before making another move? Pick a side in the comments. 🤔
#ETH #BTC $ETH $BTC
$ELSA That 15-minute move was real volume, and a real breakout. I stared at the screen without moving.
💀 But when I lay out the conditions—only five of seven are flashing green. The bearish setup still accounts for 61% of nearly the last 96 candles. The 1h chart is bouncing while still in bearish territory, and the 1d chart hasn’t given the nod either.
🔥 This isn’t a bullish move with the trend; it’s a high-volume push upward amid a pile of bearish signals. Price is already 16.3% away from the moving-average cluster, with RSI at 75.5 and CCI at 164. Chasing it now means buying into extreme heat.
👀 So I’m staying out. If it pulls back without falling below the top of the moving-average cluster, around 0.069441, and the 1h chart stabilizes, then I’ll see if there’s a long to take. For now, I’m watching.
⚡ 0.080750 is the level it just broke through; 0.069441 is the line I’ve drawn. Will it pull back and hold first, or will this surge fizzle out?
Three charts right here. Are you betting it’ll ride the volume higher, or pull back after the spike before making another move? Pick a side in the comments. 🤔
#ETH #BTC $ETH $BTC
