What are the big players thinking? A 6.66% surge in $JCT 5 minutes
To judge the quality of buying pressure, I’d first watch two things:
· Whether there are continuous large orders during the rally
· Whether large orders are dumped after the price reaches a high
For reference: 24h trading volume: $96.51 million, down 26.47% over 24h. Only if the first is true and the second isn’t can this rally be considered backed by capital.
#JCT
For record-keeping only; not investment advice.
To judge the quality of buying pressure, I’d first watch two things:
· Whether there are continuous large orders during the rally
· Whether large orders are dumped after the price reaches a high
For reference: 24h trading volume: $96.51 million, down 26.47% over 24h. Only if the first is true and the second isn’t can this rally be considered backed by capital.
#JCT
For record-keeping only; not investment advice.