DOTEUR
Polkadot / Euro
crypto Composite

it was DOT, and the 12 hours were 10 july. up 7.02%. the bar for a real move on this chart was 0.95%, so buy was the call.
u/One13Truck this one's worth going through properly, because you were half right and the half you got right is the interesting bit.
you said maybe a grind down to the lower 93s or 92. it did exactly that. the low in the 12 hours was 92.66, so that part of your read was correct.
then you said you wouldn't short there, but if it got above 94 heading towards 95 you'd look for one. here's the hourly from where you were sitting at 93.23:
93.12, 94.36, 94.92, 95.37, 95.26, 95.94, 95.26, 95.71, 96.84, 99.55, 99.66, 99.77
so it hit your trigger in hour two, sat in the 95s for five hours like it was going to give you the short, and then went to 101.02. the level you named as the place you'd get interested is the level it took off from.
it closed at 99.77. three days of selling took it from 100 to 93.23 and it gave all of that back to within 0.2% in half a day, starting from the quietest stretch on the whole chart.
on the reason this chart exists. you and u/Therageofcrimson00 both called #3 right and you both got there the same way, reading the small bodies and long wicks before the breakout instead of the breakout itself. weak from both sides. that was the most useful thing anyone has said in any of these, so I went looking for a chart made almost entirely of that shape to see whether it holds. the last 30 hours before this call are small bodies and long wicks in a 1.45% range at the lows. same reading, opposite outcome.
which I think means the wicks aren't the signal on their own, and where in the trend they show up is doing the actual work. after three days down and a month of daily downtrend, that shape was at the bottom of a move rather than in the middle of one.
I don't have a way to tell those two apart in advance, and your 95 is the exact place I'd want to know. if you've got a way of reading it I'd take it.

it was DOT, and the 12 hours were 10 july. up 7.02%. the bar for a real move on this chart was 0.95%, so buy was the call.
u/One13Truck this one's worth going through properly, because you were half right and the half you got right is the interesting bit.
you said maybe a grind down to the lower 93s or 92. it did exactly that. the low in the 12 hours was 92.66, so that part of your read was correct.
then you said you wouldn't short there, but if it got above 94 heading towards 95 you'd look for one. here's the hourly from where you were sitting at 93.23:
93.12, 94.36, 94.92, 95.37, 95.26, 95.94, 95.26, 95.71, 96.84, 99.55, 99.66, 99.77
so it hit your trigger in hour two, sat in the 95s for five hours like it was going to give you the short, and then went to 101.02. the level you named as the place you'd get interested is the level it took off from.
it closed at 99.77. three days of selling took it from 100 to 93.23 and it gave all of that back to within 0.2% in half a day, starting from the quietest stretch on the whole chart.
on the reason this chart exists. you and u/Therageofcrimson00 both called #3 right and you both got there the same way, reading the small bodies and long wicks before the breakout instead of the breakout itself. weak from both sides. that was the most useful thing anyone has said in any of these, so I went looking for a chart made almost entirely of that shape to see whether it holds. the last 30 hours before this call are small bodies and long wicks in a 1.45% range at the lows. same reading, opposite outcome.
which I think means the wicks aren't the signal on their own, and where in the trend they show up is doing the actual work. after three days down and a month of daily downtrend, that shape was at the bottom of a move rather than in the middle of one.
I don't have a way to tell those two apart in advance, and your 95 is the exact place I'd want to know. if you've got a way of reading it I'd take it.