Buyer Beware - See 1min chart to support See first post
Link to view post:
tradingview.
com/chart/FIREUSDT/llPlWPek-Buyer-Beware/
Please take a look at these volume patterns.
After watching the bybit Time & sales for a few hours, it's evident that these volume clusters are clearly volume bots (hence the batching of volume).
Most of this volume is not real, which is why this flatlined for most of yesterday (until someone dumped a little).
DYOR, but if you can see that the size of the buys & sells are only a few $100 on bybit (>54% of volume), then you know what i mean.
Those with experience in trading dexscreener tokens will be able to see this on the 1 min charts.
It's not letting me post on public as the resolution is too low (1min candles).
Will try again.
FIREUSDT trade ideas
Matr1x Fire is it ready to breakout... UPSIDE or DOWNSIDE?In this chart you will see a clear move to the downside and creating lower highs, and lower lows!
However, does this mean we will continue to the downside?
A strong potential here is YES we may continue to move to the downside, and we will be waiting for a pullback.
However, personally, I'm bullish for a potential reversal before we can move further to the downside or back here in this support area.
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As you can see in the chart we're in a consolidation phase and we have broken out of the trendline
This pattern is usually a reversal pattern - A Falling Wedge
Thanks!