What are the big players thinking?
$Lobster: On the 4-hour chart, the MACD has formed a golden cross below the zero line. Indicators are calculated from price, but to see where real money is going, you still need to look at trading volume.
If trading volume expands after the golden cross, it suggests that capital is stepping in to carry the move forward. A golden cross without confirmation from volume is more likely a sign of easing selling pressure, not necessarily incoming buying.
Which direction are you more bullish on?
#Lobster
Personal notes only; not investment advice.
$Lobster: On the 4-hour chart, the MACD has formed a golden cross below the zero line. Indicators are calculated from price, but to see where real money is going, you still need to look at trading volume.
If trading volume expands after the golden cross, it suggests that capital is stepping in to carry the move forward. A golden cross without confirmation from volume is more likely a sign of easing selling pressure, not necessarily incoming buying.
Which direction are you more bullish on?
#Lobster
Personal notes only; not investment advice.