I am noticing that the 3 day candle for total market cap keeps rejecting off the lower boundary of the cloud.
Keep an eye on where this candle closes, if below the cloud that could lead to a rejection and lower values. If this candle and the next close is below the cloud after attempting entry, that is not good.
For bullish prices, the 3 day candle needs to close above the cloud +
1T, which also creates a higher high.
Good Luck
Keep an eye on where this candle closes, if below the cloud that could lead to a rejection and lower values. If this candle and the next close is below the cloud after attempting entry, that is not good.
For bullish prices, the 3 day candle needs to close above the cloud +
1T, which also creates a higher high.Good Luck
Note
4 hours left in this 3D candle, will the cloud reject? or will price get into the cloud?
Note
First green twist since Nov 2021. Will the cloud support hold? (Monitor the 3D candle close)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.