From a positioning perspective: a sharp 2.75% surge in $IRYS 5 minutes
To figure out who's buying, I usually look at two things first:
· Are there consecutive aggressive buy orders during the rise?
· Are large orders being dumped after it reaches a high?
Reference: 24h trading volume: $233 million; 24h change: +77.01%. The first is true and the second isn't—that's when you can say this move is being driven by capital.
#IRYS
To figure out who's buying, I usually look at two things first:
· Are there consecutive aggressive buy orders during the rise?
· Are large orders being dumped after it reaches a high?
Reference: 24h trading volume: $233 million; 24h change: +77.01%. The first is true and the second isn't—that's when you can say this move is being driven by capital.
#IRYS