Over $TRX 5 minutes, trading value rose to 18.8 times its average, while the price was up 0.27%.
After a volume spike, I look at three things:
1) Price direction: no clear signal
2) Whether the volume spike continues; a single spike can easily be a one-off
3) The range during the volume spike, which often becomes a short-term dividing line
What’s your take at this stage?
After a volume spike, I look at three things:
1) Price direction: no clear signal
2) Whether the volume spike continues; a single spike can easily be a one-off
3) The range during the volume spike, which often becomes a short-term dividing line
What’s your take at this stage?