Volume is a leading indicator of price. $FOLKS 1-hour volume ratio: 88.7; trading volume: $6.11 million; price: +9.89%.
A surge in volume accompanying an upward move is a positive sign. If volume remains high over the next few candlesticks, the trend is more likely to continue.
A rapid rise doesn’t necessarily mean it will go far; a healthy structure is what matters.
#FOLKS
For record-keeping only, not investment advice.
A surge in volume accompanying an upward move is a positive sign. If volume remains high over the next few candlesticks, the trend is more likely to continue.
A rapid rise doesn’t necessarily mean it will go far; a healthy structure is what matters.
#FOLKS
For record-keeping only, not investment advice.