Post
Topic
Board Trading Discussion
Re: Why these types wicks there
by
DoublerHunter
on 06/01/2023, 22:25:57 UTC


This is not normal wicks, so why like this? it because of low liquidity??
^Is this chart for BTC?
I think you need to have more specific in your question because it is hard to guess which coin has low liquidity.
As I see it, that is a normal wick because it is obvious that crypto has a volatile nature that can move and wick the price in the market every now and then.
That's pattern could be a sign that you need to reinvest again and watch for the reversal.