Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
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3 consecutive long wicks says a lot
and the price action of the third candle from the right was

solid red (huge downward selling pressure) on opening -> hammer closing

some bullishness there

#analysis #calls
as expected, bullishness on the current candle
this is basically what im seeing this as
left side: hammer
three reds in the middle
right side: huge green candle

this is bullishness
be patient and wait for the breakout
if this candle closes green and engulfs the three red candles, then bullishness confirmed

(refer to rising three pattern above) ^
my charts are always 15m unless specified
VERY VERY nice close
closed above minor resistance
expect upward movement
called it
bullishness bullishness!!
if this candle closes above resistance trendline, we have a breakout :-)
wish i took the pump trade there but i was busy typing for the channel HAHAHAH
that's why its very important to understand and study price action (how candlesticks move) !! you will be able to see the hidden bullishness/bearishness and have a sense of how the market will move
wait out for this candle close