$TRUTH 15-minute open interest increased by 39.99%, while the price remained almost unchanged.
Changes in open interest show leveraged funds entering or leaving the market. To tell whether positions are being opened or closed, and whether they are long or short, you need to consider the price direction.
A genuine breakout is often accompanied by higher volume, while a false breakout often isn’t. This is the method I use most often to judge breakouts.
#TRUTH
Changes in open interest show leveraged funds entering or leaving the market. To tell whether positions are being opened or closed, and whether they are long or short, you need to consider the price direction.
A genuine breakout is often accompanied by higher volume, while a false breakout often isn’t. This is the method I use most often to judge breakouts.
#TRUTH