$BNB ｜5 consecutive bearish daily candles｜Cumulative: -15.87%
Before looking at capital flows, first understand consecutive up and down days.
A streak of several candles doesn't tell you whether tomorrow's candle will be bullish or bearish. Thinking that after so many days, it must be time for a move in the opposite direction is a common misconception.
A single candle moving in the opposite direction after a streak of up or down days doesn't mean the trend has reversed; in many cases, it's just a one-day breather.
Keep extra margin for your contract positions so a sudden sharp move doesn't liquidate your position.
Before looking at capital flows, first understand consecutive up and down days.
A streak of several candles doesn't tell you whether tomorrow's candle will be bullish or bearish. Thinking that after so many days, it must be time for a move in the opposite direction is a common misconception.
A single candle moving in the opposite direction after a streak of up or down days doesn't mean the trend has reversed; in many cases, it's just a one-day breather.
Keep extra margin for your contract positions so a sudden sharp move doesn't liquidate your position.
