$LTC 5-minute trading volume surged 17-fold, while the price barely moved. The current price is 61.09.
If the price barely moves after volume surges, it means the bulls and bears are evenly matched. When one side eventually gives way, the price will move in the other direction.
I don’t predict highs or lows; I adjust based on the direction indicated by the market structure.
My view may not be right. Please manage your own gains and losses.
If the price barely moves after volume surges, it means the bulls and bears are evenly matched. When one side eventually gives way, the price will move in the other direction.
I don’t predict highs or lows; I adjust based on the direction indicated by the market structure.
My view may not be right. Please manage your own gains and losses.