$JCT 15-minute plunge of 8.96%, current price 0.002694, 24h range 0.002552 ~ 0.003614.
The candlestick body matters more than the wick: a solid close shows the direction is real.
My take on this kind of sharp drop: don't catch the first falling knife; wait for confirmation that it has bottomed before considering a move.
Just a reference—don't take it as fact.
The candlestick body matters more than the wick: a solid close shows the direction is real.
My take on this kind of sharp drop: don't catch the first falling knife; wait for confirmation that it has bottomed before considering a move.
Just a reference—don't take it as fact.
