$AKE According to tabloid data, this suggests:
* 24h volume has risen by about 20 million USD.
* Market cap is only about 12–13 million USD.
This means:
Trading volume is still larger than the circulating capital within the day.
That’s a sign the market is paying very close attention to AKE—not just a few small buy orders pushing the price up.
There is volume confirmation.
There is real speculative money.
There are really many accounts getting liquidated.
And it’s also true that many people are getting burned.
Characteristic: 1 an uptrend will not go down
* Volume surges.
* Price rises strongly.
* Liquidity improves.
This is often a sign that new capital is joining.
Characteristic: 2 a downtrend will not go up
Start of a new trend.
This is the part I like the most.
To confirm, you need to see:
* The price holds most of the gains.
* Volume doesn’t disappear right after the pump.
* During pullbacks, there are buyers stepping in.
If these things appear, the likelihood that this is the beginning of a trend will be higher.
From a technical perspective
If a rally of more than 100% is real, the market doesn’t necessarily have to keep rising immediately afterward.
A healthy sequence usually looks like:
* Strong pump. – (1,000%)
* Consolidation.
* Mild correction. – (-10,000%)
* Hold support.
* Only then is there a chance for the next wave.
This is much healthier than surging straight up and then dropping right away.
Not encouraged to buy/sell chasing after a strong green candle.
* 24h volume has risen by about 20 million USD.
* Market cap is only about 12–13 million USD.
This means:
Trading volume is still larger than the circulating capital within the day.
That’s a sign the market is paying very close attention to AKE—not just a few small buy orders pushing the price up.
There is volume confirmation.
There is real speculative money.
There are really many accounts getting liquidated.
And it’s also true that many people are getting burned.
Characteristic: 1 an uptrend will not go down
* Volume surges.
* Price rises strongly.
* Liquidity improves.
This is often a sign that new capital is joining.
Characteristic: 2 a downtrend will not go up
Start of a new trend.
This is the part I like the most.
To confirm, you need to see:
* The price holds most of the gains.
* Volume doesn’t disappear right after the pump.
* During pullbacks, there are buyers stepping in.
If these things appear, the likelihood that this is the beginning of a trend will be higher.
From a technical perspective
If a rally of more than 100% is real, the market doesn’t necessarily have to keep rising immediately afterward.
A healthy sequence usually looks like:
* Strong pump. – (1,000%)
* Consolidation.
* Mild correction. – (-10,000%)
* Hold support.
* Only then is there a chance for the next wave.
This is much healthier than surging straight up and then dropping right away.
Not encouraged to buy/sell chasing after a strong green candle.