Jesus Mary and Joseph there are rarely times when candlesticks can't accurately tell you the true bullish/bearish signs of a trend. Candle close is most important part of a candle - candle lows are the most telling. 1 of 2 things could happen in this case, 1) Breakout to up-side @ 200% -> Dip back down to 50% ($263). 2) RSI crossover + cross back below 60 short signal, test of 161% ($278.50) -> Dip back down to 100% (267). But man, I really can't stand seeing up-side moves while making new lows @ the same time. Frustratingly bearish.
Commentaire:
Inside bearish
Commentaire:
Alriigghhhhttt finally. Let it simmer - as long as we're not making lows (180WMA < ) we're good. That white 55 (low) MA getting above 180WMA is key if price wants to see $287 in the soon-time