$KAIA 1 5-minute open interest increased by 3.07%, while the price rose 3.44%.
Funds flow quickly into futures contracts, and often leave just as quickly. When a rally is driven by rising open interest, its staying power is questionable.
The closing price on the candlestick matters more than the wick: a steady close shows the strength is genuine.
For record-keeping only; not investment advice.
Funds flow quickly into futures contracts, and often leave just as quickly. When a rally is driven by rising open interest, its staying power is questionable.
The closing price on the candlestick matters more than the wick: a steady close shows the strength is genuine.
For record-keeping only; not investment advice.