$HFT is up 6.3 percent today but look at who is actually selling into this bounce
You see a green candle and think you should grab some before it flies higher
The problem is the 24 hour high reached 0.009999 and the price has already dropped 28.9 percent from that peak
That means the people who bought the actual low are dumping their bags onto anyone buying right now
Volume hit 2.3 million dollars which is 4.4 times the normal weekly average so heavy exit liquidity is happening
The hourly swing is moving 10.9 percent every single hour so the chop will chew up late entries
Always wait for the panic selling to finish before you even look at a chart like this
Open $HFT and set an alert at that level
What is your exact checklist before buying a top gainer
#HFT #TradingTips
You see a green candle and think you should grab some before it flies higher
The problem is the 24 hour high reached 0.009999 and the price has already dropped 28.9 percent from that peak
That means the people who bought the actual low are dumping their bags onto anyone buying right now
Volume hit 2.3 million dollars which is 4.4 times the normal weekly average so heavy exit liquidity is happening
The hourly swing is moving 10.9 percent every single hour so the chop will chew up late entries
Always wait for the panic selling to finish before you even look at a chart like this
Open $HFT and set an alert at that level
What is your exact checklist before buying a top gainer
#HFT #TradingTips