$ALPINE volume is 40.5x its weekly average and most people are reading it wrong
Look at the $ALPINE chart right now and ignore the green 5.6 percent change for a second
Volume tells you if actual money is moving or just a few small orders are walking the price up
Today we have 5.0 million dollars trading hands against a normal 7 day average that is microscopic by comparison
That 40.5x multiplier means institutions or big wallets just woke up and forced everyone to pay attention
A move without volume is a ghost town that fades away before lunch
A move with this kind of volume is a footprint in wet cement
Open your exchange app, look at the bottom of the chart and divide the current 24 hour bar by the volume moving average line
If the number is not over 3x you are trading in a quiet room
What volume multiple do you wait for before you enter a trade?
#ALPINE #TradingTips
Look at the $ALPINE chart right now and ignore the green 5.6 percent change for a second
Volume tells you if actual money is moving or just a few small orders are walking the price up
Today we have 5.0 million dollars trading hands against a normal 7 day average that is microscopic by comparison
That 40.5x multiplier means institutions or big wallets just woke up and forced everyone to pay attention
A move without volume is a ghost town that fades away before lunch
A move with this kind of volume is a footprint in wet cement
Open your exchange app, look at the bottom of the chart and divide the current 24 hour bar by the volume moving average line
If the number is not over 3x you are trading in a quiet room
What volume multiple do you wait for before you enter a trade?
#ALPINE #TradingTips