$RIVER just formed a significant red candle on the chart, and the accuracy of this technical formation is impressive. The setup suggests strong bullish momentum building underneath. This kind of price action can often precede meaningful moves, so traders might want to keep tabs on how this develops in the coming sessions.
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GateUser-cff9c776
· 4h ago
Red candles accumulate momentum? It sounds like a visual representation of supply and demand curves, but we all know that in probability theory, this is just a Schrödinger's bull market.
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EyeOfTheTokenStorm
· 4h ago
It's the same theory again, I'm tired of hearing it since 2017. Red candles accumulating bullish momentum? According to my quantitative model, this needs to be verified.
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It's easy to interpret charts visually, but few have survived this cycle. RIVER needs to see the trading volume data before making a decision.
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The concept of a bottoming pattern must be viewed in conjunction with the macroeconomic cycle; you can't just focus on K-line charts and get excited.
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Everyone, don't be fooled by short-term patterns; ask yourself whether RIVER's fundamentals can support this rebound.
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Historical data tells me that these "obvious" technical signals are usually buy points for retail investors; the seasoned traders have already exited.
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Does a red candle indicate a trend? I need to see if the support level can be confirmed in the next trading session before I believe it.
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Honestly, this kind of analysis is everywhere; those truly making money are trading T and not just looking at charts here.
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The idea of underlying accumulation momentum is too vague; give me specific data on the relationship between volume and price.
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Another "meaningful upcoming trend," people say this every day. RIVER, can you stop wasting time?
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RektButStillHere
· 4h ago
Red candle? Buddy, isn't this just another signal to harvest the little guys?
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RektCoaster
· 4h ago
Red candles just want to fool me? I've seen too many of these "signals" before, brother.
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FloorPriceNightmare
· 4h ago
Red candles are back again, always saying it will go up haha
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CompoundPersonality
· 4h ago
Red candles again, saying that the bottom has been accumulated? Why do I keep hearing this phrase?
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LadderToolGuy
· 4h ago
Red candle? Wait, isn't this a decline? Why does it say accumulation indicates bullish momentum?
$RIVER just formed a significant red candle on the chart, and the accuracy of this technical formation is impressive. The setup suggests strong bullish momentum building underneath. This kind of price action can often precede meaningful moves, so traders might want to keep tabs on how this develops in the coming sessions.