Don't watch the words; watch the money: $JCT 5-minute rally of 2.6%
To judge who's buying, I usually look at two details first:
· Whether there are consecutive large orders during the rally
· Whether large sell orders start appearing after the price rises
Reference: 24h trading volume: $756 million, 24h +32.42%. Only if the first condition holds and the second doesn't can this rally be considered supported by buying pressure.
#JCT
Just my personal opinion; please consider it rationally.
To judge who's buying, I usually look at two details first:
· Whether there are consecutive large orders during the rally
· Whether large sell orders start appearing after the price rises
Reference: 24h trading volume: $756 million, 24h +32.42%. Only if the first condition holds and the second doesn't can this rally be considered supported by buying pressure.
#JCT
Just my personal opinion; please consider it rationally.