🐳 Where is the money flowing? A sharp 2.74% rally in $BR 5 minutes
To judge the quality of buying pressure, I usually watch two things first:
· Are there clusters of large orders during the rally?
· Are large sell orders hitting the market after the price reaches a high?
For comparison: 24h trading volume is $23.21 million, down 11.81% over 24h. If the first condition is met and the second isn’t, then this rally is being driven by capital.
To judge the quality of buying pressure, I usually watch two things first:
· Are there clusters of large orders during the rally?
· Are large sell orders hitting the market after the price reaches a high?
For comparison: 24h trading volume is $23.21 million, down 11.81% over 24h. If the first condition is met and the second isn’t, then this rally is being driven by capital.