Trading volume surged 18.3-fold over $PAXG 5 minutes, while the price barely moved. The current price is 4,196.68.
When volume surges but the price barely moves, it means buyers and sellers are evenly matched. The price will move in one direction once one side gives way.
Volume and price need to confirm each other to make a convincing signal; an unusual move in a single candlestick doesn’t tell us much.
When volume surges but the price barely moves, it means buyers and sellers are evenly matched. The price will move in one direction once one side gives way.
Volume and price need to confirm each other to make a convincing signal; an unusual move in a single candlestick doesn’t tell us much.