$AIN just clocked $9.67 million in volume on this one hourly candle. It usually does only $1.3 million an hour—that's 7.42 times the norm. Money is really pouring in.
After watching large orders for so long, I've picked up a bad habit: I check volume before I even look at the candles. If the volume's off, even a price rise is just smoke and mirrors. This time is different: consecutive hourly candles have closed higher, the 5.8% range is no joke, and real money is clearly flowing in.
And look where we are: price is sitting at 85% of the 24-hour range, near the top. At its peak over the past 24 hours, it touched 0.05591—just a hair above the current 0.053. It's already up 39.59% today. If I get cold feet now, tomorrow I'll be left watching from the sidelines.
I'm going long. I won't chase the first test of the upper range. I'll wait for a pullback and add if it holds above the point where this rally started. If it breaks below, I'll take the loss and get out.
Volume doesn't lie. The one who lies is always the part of me that wants to buy the dip but doesn't dare to pull the trigger.
After watching large orders for so long, I've picked up a bad habit: I check volume before I even look at the candles. If the volume's off, even a price rise is just smoke and mirrors. This time is different: consecutive hourly candles have closed higher, the 5.8% range is no joke, and real money is clearly flowing in.
And look where we are: price is sitting at 85% of the 24-hour range, near the top. At its peak over the past 24 hours, it touched 0.05591—just a hair above the current 0.053. It's already up 39.59% today. If I get cold feet now, tomorrow I'll be left watching from the sidelines.
I'm going long. I won't chase the first test of the upper range. I'll wait for a pullback and add if it holds above the point where this rally started. If it breaks below, I'll take the loss and get out.
Volume doesn't lie. The one who lies is always the part of me that wants to buy the dip but doesn't dare to pull the trigger.
