Money flows are often reflected in trading activity:
$ICNT 1-hour drop of 5.47%, current price 0.1841, and 24-hour trading volume of $264 million.
A closer look at the money flows:
· The decline was concentrated within a short one-hour period, suggesting heavy concentrated selling
· The 24-hour change was also -0.97%, indicating an overall outflow
· Next, watch to see whether buyers step in at lower levels; if not, the price may dip again
Like this if you feel the same.
$ICNT 1-hour drop of 5.47%, current price 0.1841, and 24-hour trading volume of $264 million.
A closer look at the money flows:
· The decline was concentrated within a short one-hour period, suggesting heavy concentrated selling
· The 24-hour change was also -0.97%, indicating an overall outflow
· Next, watch to see whether buyers step in at lower levels; if not, the price may dip again
Like this if you feel the same.