$XMR 5-minute trading turnover rose to 10.4 times the average, while the price gained 0.81%.
After a volume spike, I look at three things:
1) Price direction: rising price and volume
2) Whether the higher volume can persist—one-off spikes are often just a burst
3) The price range during the volume spike often becomes a short-term dividing line
Cast your vote in the comments: up or down?
Don’t treat this as a buy or sell signal.
After a volume spike, I look at three things:
1) Price direction: rising price and volume
2) Whether the higher volume can persist—one-off spikes are often just a burst
3) The price range during the volume spike often becomes a short-term dividing line
Cast your vote in the comments: up or down?
Don’t treat this as a buy or sell signal.