$LINK 1Hourly trading volume surged to 3.7 times its usual level, while the price fell 1.61%. Current price: 12.484.
Such a sharp increase in volume could mean new money is coming in, or that someone is rebalancing their positions. You can tell which by watching how the price moves.
Signals are more reliable when multiple timeframes point in the same direction. When the short- and long-term trends conflict, be extra cautious.
#LINK
Such a sharp increase in volume could mean new money is coming in, or that someone is rebalancing their positions. You can tell which by watching how the price moves.
Signals are more reliable when multiple timeframes point in the same direction. When the short- and long-term trends conflict, be extra cautious.
#LINK