$DASH volume is 0.8x its weekly average while price sits at 92 percent of the day range
Most traders chase the green candle and forget to check the fuel gauge
Look at $DASH right now up 7.9 percent on the day yet the volume ratio is sitting below one
That means fewer participants are driving this push toward the 55.9800 resistance from seven days ago
To check this yourself on Binance just open the daily chart and look at the volume bars relative to the red moving average line
If price goes up and that average bar stays tall you have confirmation
If price goes up and the volume bar shrinks you have a warning
Never trust a breakout when the volume ratio stays below one
What is your minimum volume multiplier before you enter a trade
#DASH #TradingTips
Most traders chase the green candle and forget to check the fuel gauge
Look at $DASH right now up 7.9 percent on the day yet the volume ratio is sitting below one
That means fewer participants are driving this push toward the 55.9800 resistance from seven days ago
To check this yourself on Binance just open the daily chart and look at the volume bars relative to the red moving average line
If price goes up and that average bar stays tall you have confirmation
If price goes up and the volume bar shrinks you have a warning
Never trust a breakout when the volume ratio stays below one
What is your minimum volume multiplier before you enter a trade
#DASH #TradingTips