$AIOT Seven consecutive bullish daily candles, up a cumulative +87.34% over that period; today it's down 0.13% so far.
Let's use this data to break down consecutive bullish daily candles.
Binance's daily candles open at 00:00 UTC and close at 00:00 the next day, which corresponds to 8 a.m. Beijing time. So today's daily candle starts at 8 a.m. this morning.
Hurrying to buy the dip after consecutive bearish candles, or rushing to chase after consecutive bullish candles—both are common mistakes. It's best to think through what you'll do if you're wrong before taking action.
The purpose of understanding an indicator is to avoid being intimidated by the numbers, not to use it to predict price movements.
#AIOT
This may not be right, so don't follow it blindly.
Let's use this data to break down consecutive bullish daily candles.
Binance's daily candles open at 00:00 UTC and close at 00:00 the next day, which corresponds to 8 a.m. Beijing time. So today's daily candle starts at 8 a.m. this morning.
Hurrying to buy the dip after consecutive bearish candles, or rushing to chase after consecutive bullish candles—both are common mistakes. It's best to think through what you'll do if you're wrong before taking action.
The purpose of understanding an indicator is to avoid being intimidated by the numbers, not to use it to predict price movements.
#AIOT
This may not be right, so don't follow it blindly.