To be honest, whenever there is new news in the Korean market, I always take a second look: $KAIA has now listed on the KRW market of a major Korean exchange.
I’ve seen plenty of sharp pumps brought on by new listings in Korea, and I’ve also seen plenty of cases where the price falls back right after the rally. So now I only watch whether trading volume can continue after listing, and I don’t chase that first opening candlestick.
Feel free to add any details you’ve noticed.
#KAIA
These views are for discussion only; profits and losses are your own responsibility.
I’ve seen plenty of sharp pumps brought on by new listings in Korea, and I’ve also seen plenty of cases where the price falls back right after the rally. So now I only watch whether trading volume can continue after listing, and I don’t chase that first opening candlestick.
Feel free to add any details you’ve noticed.
#KAIA
These views are for discussion only; profits and losses are your own responsibility.