We are already seeing the follow up daily candle to our capitulation candle make massive moves in less than 3 hours times its climbed $1600 at this rate we could see an historic friday the 13th bullish engulfing candle on the daily...there's no guarantee capitulation is truly over but it sure seems like it. as always not financial advice and enter at your own risk I can't wait to see where the current daily candle will close.
Note
we need to be careful here because in the past capitulation has typically lasted 2 weekly candles so this may not be the end of it just yet.
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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.