-EMKioko This is Not the most common proposition based on the current market conditions. Generally, it is possible assuming all arguments work out, so thumbs up just for this!
-EMKioko replied,
-@TheCryptagon i know what you think. But we gotta read the tape logically here. Yesterday's candle closed bullish. On the other hand, it has a wider range compared to both of its predecessor's bearish candle. It has a small body but its still bullish & with a wider range.This is enough information to settle on buy's today. I believe we have to cover that bullish range before we troll down. Just watch & see. But again i could be wrong. we just have to follow the tape's lead..
Thank you for the question and critical thinking @TheCryptagon
-EMKioko replied,
-@TheCryptagon i know what you think. But we gotta read the tape logically here. Yesterday's candle closed bullish. On the other hand, it has a wider range compared to both of its predecessor's bearish candle. It has a small body but its still bullish & with a wider range.This is enough information to settle on buy's today. I believe we have to cover that bullish range before we troll down. Just watch & see. But again i could be wrong. we just have to follow the tape's lead..
Thank you for the question and critical thinking @TheCryptagon
The push up to consume the range created by wednesday's candle continues today. We look at intraday catalysts to add more buys