$PAXG | 1-hour volume up 3.8x | Price nearly unchanged
Before discussing capital flows, let's first understand trading volume.
Volume should be viewed alongside price: where the price stalls and how long the wicks are often tell you more than volume alone.
Whether volume expands during a breakout is often considered one factor in distinguishing a genuine breakout from a false one: a breakout on low volume is more likely to reverse.
Don't chase a trade at the fastest moment of a move. Wait for the candle to close and stabilize before deciding.
#PAXG
Make your own decisions about when to enter and exit. Don't follow the crowd.
Before discussing capital flows, let's first understand trading volume.
Volume should be viewed alongside price: where the price stalls and how long the wicks are often tell you more than volume alone.
Whether volume expands during a breakout is often considered one factor in distinguishing a genuine breakout from a false one: a breakout on low volume is more likely to reverse.
Don't chase a trade at the fastest moment of a move. Wait for the candle to close and stabilize before deciding.
#PAXG
Make your own decisions about when to enter and exit. Don't follow the crowd.