emotionlesstrade

Question: So many long wicks/shadows. What does this mean???

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello traders,

There are SO MANY long wicks/shadows recently, and it happens near the top of the wedge structure, but it's not clear to me what the buyers and sellers are doing.

I have never seen this kind of price action before so I wanted to ask the community.

How could we interpret these wicks/shadows?

Any ideas on how to interpret this kind of recent price action would be much appreciated :)
Disclaimer

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.