BTW first check the conditions: a 24h rise/fall does not replace the 30m pull-in confirmation.
Binance USDT-margined perpetual | 24h +27.59%, current price 1.3453, 24h trading volume 1.26 hundred million.
Order flow: the 30m buy/sell ratio is 1.0558, with buy/sell nearly balanced; this is not a net fund inflow figure.
Reference indicators: the 30m ATR trend band reference level is around 1.26847; the current price is above it, which is relatively bullish; the 30m volume ratio is 2.99x.
Next there are two possible paths: one is that the buy/sell ratio breaks upward above 1.10, and the current price holds the 30m ATR trend band reference level around 1.26847—only then can the upside pull-in be confirmed; the other is that the buy/sell ratio breaks downward below 0.90, or the current price falls below the 30m ATR trend band reference level around 1.26847, in which case downside pressure still needs to be guarded against.
Specifically watch: the next full 30m candlestick—can the current price hold around 1.26847?
#BTW #alert for unusual activity
Binance USDT-margined perpetual | 24h +27.59%, current price 1.3453, 24h trading volume 1.26 hundred million.
Order flow: the 30m buy/sell ratio is 1.0558, with buy/sell nearly balanced; this is not a net fund inflow figure.
Reference indicators: the 30m ATR trend band reference level is around 1.26847; the current price is above it, which is relatively bullish; the 30m volume ratio is 2.99x.
Next there are two possible paths: one is that the buy/sell ratio breaks upward above 1.10, and the current price holds the 30m ATR trend band reference level around 1.26847—only then can the upside pull-in be confirmed; the other is that the buy/sell ratio breaks downward below 0.90, or the current price falls below the 30m ATR trend band reference level around 1.26847, in which case downside pressure still needs to be guarded against.
Specifically watch: the next full 30m candlestick—can the current price hold around 1.26847?
#BTW #alert for unusual activity