$IP Just now, it surged to 4.18 USDT and then quickly pulled back, leaving a clear long upper shadow on the candlestick. Combined with the abnormal increase in trading volume but inability to maintain the gains, this is definitely not a bullish initiation but a typical high-level distribution, and the bearish opportunity has already matured. 1. Shadow killing decline, initial reversal signal From the candlestick structure, the selling pressure above 4.10 USDT is astonishing. Shadow pattern:

IP-25,3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
GateUser-6aefc1davip
· 01-14 05:48
Overthinking, the long position ratio is 58, maybe it will keep pushing up.
View OriginalReply0
LuXiaoluvip
· 01-14 05:47
Get ready to be pumped up.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt