The moves of big orders are often reflected in trading activity:
$TREE A daily MACD golden cross below the zero line. Indicators are all calculated from prices, but to see where the real money is going, look at trading activity.
If trading value increases after the golden cross, it suggests money is following through; a golden cross on falling volume usually means selling pressure has eased, not necessarily that new money is coming in.
Which side are you on? Tell us in the comments.
Do your homework before making a move.
$TREE A daily MACD golden cross below the zero line. Indicators are all calculated from prices, but to see where the real money is going, look at trading activity.
If trading value increases after the golden cross, it suggests money is following through; a golden cross on falling volume usually means selling pressure has eased, not necessarily that new money is coming in.
Which side are you on? Tell us in the comments.
Do your homework before making a move.