Just noting: $XLM saw a sudden volume spike on the 1-hour chart just now, with trading volume 4.6 times the usual level and the price down 1.49%.
My habit is not to look at the first candle, but to wait for the second candle after the volume spike: if it holds, that's the real direction; if it can't, it's just a spike.
How do you usually handle a volume spike?
#XLM
My habit is not to look at the first candle, but to wait for the second candle after the volume spike: if it holds, that's the real direction; if it can't, it's just a spike.
How do you usually handle a volume spike?
#XLM