Technical Notes｜$ERA ｜15-minute trading volume up 6.4x｜Price up 1.41%
First, a definition: When looking at trading volume, consider it alongside price. The price level the coin is holding at and the length of its upper and lower wicks are usually more informative than the volume alone.
How to read it: Don’t chase just because volume has surged. Volatility is usually higher during a volume spike, so it’s safer to reduce your position a little.
Avoid placing orders during the fastest-moving minutes. Wait for the candlestick to settle before deciding.
#ERA
First, a definition: When looking at trading volume, consider it alongside price. The price level the coin is holding at and the length of its upper and lower wicks are usually more informative than the volume alone.
How to read it: Don’t chase just because volume has surged. Volatility is usually higher during a volume spike, so it’s safer to reduce your position a little.
Avoid placing orders during the fastest-moving minutes. Wait for the candlestick to settle before deciding.
#ERA