Honestly, compared with a single big bullish candle, I'm actually paying more attention to consecutive bullish candles like $BIRB , one after another.
A sharp one-day surge may just reflect temporary sentiment, but five bullish candles in a row means people have been willing to buy at slightly higher prices each day. But with the cumulative gain now at 28.66%, I wouldn't chase it at this point. I'd rather wait for a normal pullback.
Today's candle is currently up +1.34%. What confirmation do you need before making a move?
#BIRB
A sharp one-day surge may just reflect temporary sentiment, but five bullish candles in a row means people have been willing to buy at slightly higher prices each day. But with the cumulative gain now at 28.66%, I wouldn't chase it at this point. I'd rather wait for a normal pullback.
Today's candle is currently up +1.34%. What confirmation do you need before making a move?
#BIRB