🐳 Order-flow perspective: $AKE surged 4.97% in 15 minutes
To figure out who's buying, I usually watch for two things:
· Whether there are clusters of aggressive buy orders during the rise
· Whether large sell orders start hitting the market after the price reaches a high
For comparison: 24h trading volume was $198 million, up 3.01%. The first condition was met and the second wasn't—so this rally had buyers backing it.
To figure out who's buying, I usually watch for two things:
· Whether there are clusters of aggressive buy orders during the rise
· Whether large sell orders start hitting the market after the price reaches a high
For comparison: 24h trading volume was $198 million, up 3.01%. The first condition was met and the second wasn't—so this rally had buyers backing it.