My roommate saw me staring blankly at my phone. “What’s up now?”
Me: “Nothing. $TRX 24-hour futures open interest is up 18.3%, while the price is up 0.31%. Open interest is rising and the price is moving sideways, so I’m looking into it.”
“What have you figured out?”
“Both bulls and bears are adding to their positions. The market might be about to turn, but it’s hard to say which way.”
“So, did you make any money?”
“No, I’m just here to analyze. I’m still learning how to trade.”
DYOR, and don’t bite off more than you can chew.
Me: “Nothing. $TRX 24-hour futures open interest is up 18.3%, while the price is up 0.31%. Open interest is rising and the price is moving sideways, so I’m looking into it.”
“What have you figured out?”
“Both bulls and bears are adding to their positions. The market might be about to turn, but it’s hard to say which way.”
“So, did you make any money?”
“No, I’m just here to analyze. I’m still learning how to trade.”
DYOR, and don’t bite off more than you can chew.