Big money’s actions are more honest than its words: a 1.15% surge in $Q 5 minutes
To judge who’s buying, I’d first watch two things:
· Are there continuous aggressive buy orders during the surge?
· Once the price reaches higher levels, do large sell orders start appearing?
For comparison: 24h trading volume is $1.568 billion, up 44.62% over 24h. If the first condition is met and the second isn’t, then this move can be considered backed by capital.
Be mindful of the risks, and make your own decisions.
To judge who’s buying, I’d first watch two things:
· Are there continuous aggressive buy orders during the surge?
· Once the price reaches higher levels, do large sell orders start appearing?
For comparison: 24h trading volume is $1.568 billion, up 44.62% over 24h. If the first condition is met and the second isn’t, then this move can be considered backed by capital.
Be mindful of the risks, and make your own decisions.