Is big money on the move?
$SOL 4-hour MACD golden cross below the zero line. Indicators are all calculated from price, but to see where the real money is going, you have to look at trading volume.
If volume expands after the golden cross, it means money is following through. If volume doesn’t pick up, the golden cross probably just means selling pressure has eased—it doesn’t mean buyers have stepped in.
Anyone who knows their stuff care to weigh in?
#SOL
Just chatting—whether you make money or lose it, you’re responsible for it yourself.
$SOL 4-hour MACD golden cross below the zero line. Indicators are all calculated from price, but to see where the real money is going, you have to look at trading volume.
If volume expands after the golden cross, it means money is following through. If volume doesn’t pick up, the golden cross probably just means selling pressure has eased—it doesn’t mean buyers have stepped in.
Anyone who knows their stuff care to weigh in?
#SOL
Just chatting—whether you make money or lose it, you’re responsible for it yourself.