$ZEC volume is 0.7x its weekly average. This move is thin even as price hits the high
Price climbed to $1594 but volume stayed weak
Weekly average volume is $425M
24h volume is $298M
That’s 70 percent of the norm
Big move with no fuel behind it
A strong move needs volume above average
This one is just price drifting up on low interest
Watch the next candle
If volume doesn’t spike above $425M
it’s not a real breakout
Do not take my word for it, tap $ZEC and look at the candles
What’s your volume filter for a real move
#ZEC #TradingTips
Price climbed to $1594 but volume stayed weak
Weekly average volume is $425M
24h volume is $298M
That’s 70 percent of the norm
Big move with no fuel behind it
A strong move needs volume above average
This one is just price drifting up on low interest
Watch the next candle
If volume doesn’t spike above $425M
it’s not a real breakout
Do not take my word for it, tap $ZEC and look at the candles
What’s your volume filter for a real move
#ZEC #TradingTips