Market Notes｜$ERA ｜1-hour volume surged 32.3x｜Price rose 2.36%
First, a definition: volume spikes on the minute scale can be noisy. A large trade over one or two candlesticks may simply reflect a single burst of activity; sustained high volume over several candles is more convincing.
Next, how to read it: high volume near the top while prices struggle to rise is often called a high-volume stall, and many traders see it as a sign of growing disagreement between bulls and bears.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then think about what the indicators are saying.
#ERA
First, a definition: volume spikes on the minute scale can be noisy. A large trade over one or two candlesticks may simply reflect a single burst of activity; sustained high volume over several candles is more convincing.
Next, how to read it: high volume near the top while prices struggle to rise is often called a high-volume stall, and many traders see it as a sign of growing disagreement between bulls and bears.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then think about what the indicators are saying.
#ERA