$ERA 1 hours: trading volume surged 3.8x, the price rose 7.2%, and the current price is 0.0721.
If the price barely moves after the volume surge, it means buyers and sellers are evenly matched. The price will move in one direction once either side gives way.
A genuine trend needs to be confirmed by a series of higher highs and lower lows; one or two candlesticks are just the beginning.
Volatility is significant, so manage your position size accordingly.
If the price barely moves after the volume surge, it means buyers and sellers are evenly matched. The price will move in one direction once either side gives way.
A genuine trend needs to be confirmed by a series of higher highs and lower lows; one or two candlesticks are just the beginning.
Volatility is significant, so manage your position size accordingly.