Every on-chain data of a token conveys signals.
30+ tokens charts and metrics, Real-time Trade Feeds, and Actionable Bullish & Bearish Signals, all of which you can get in Candlestick.
This page provides a quick guidebook about identifying Candlestick metric bullish/bearish signals.
DEX Trades
- >0
- Bullish – The buying power of a token is stronger than the selling power, boosting the price possibly.
- <0
- Bearish – The selling power of a token is stronger than the buying power, dropping the price perhaps.
- High volume during price rising
- Bullish – The token attracts more optimistic investors. This signal could strengthen the rising trend.
- Low volume during price falling
- Bullish – Lesser traders are willing to sell the tokens at the current low price. The price may occur reversal soon.
- High volume during price falling
- Bearish – Traders’ selling does not stop even at a lower price. The falling trend would continue.
- Low volume during price rising
- Bearish – Buying power is weak to support the current rising price, which may cause the upward price trend to stop.
- High turnover rates during price rising
- Bullish – More active traders. Reinforce the rising trend.
- Low turnover rates during price falling
- Bullish – Lesser tokens are sold at the current low price. The falling trend is fading, and the price may reach a resistance level soon.
- High turnover rates during price falling
- Bearish – Negative sentiment among investors indicates that the falling trend would continue.
- Low turnover rates during price rising
- Bearish – The current rising price is not supported by reliable buy power, which may cause the upward price trend to stop.
- Increase
- Bullish – An increasing number of traders trading a particular token.
- Decrease
- Bearish – A decreasing number of traders trading a specific token.
CEX
- >0
- Bullish – Traders deposit fewer tokens to centralized exchanges than withdrawals.
- <0
- Bearish – Traders deposit more tokens to centralized exchanges than withdrawals
- Decrease
- Bullish – The number of tokens held on centralized exchanges for selling drops.
- Increase
- Bearish – The number of tokens held on centralized exchanges for selling increases.
Liquidity
- >0
- Bullish – More tokens are provided into the pool to increase liquidity.
- <0
- Bearish – More tokens are removed from the liquidity pool.
- Increase
- Bullish – A growing number of addresses provides liquidity to a token’s trading pairs on DEX.
- Decrease
- Bearish – A declining number of addresses provides liquidity to a token’s trading pairs on DEX.
Holders
- Increase during price falling
- Bullish – Institutions or crypto whales have finished the token accumulation at a low price and are ready to pull up.
- Increase
- Bullish – An increasing number of holders.
- Decrease
- Bearish – A decreasing number of holders.
- Increase
- Bullish – More active transfers and traders.
- Decrease
- Bearish – Weaker transfers and fewer traders.
- >0
- Bullish – More new-coming investors.