Watch the money, not the talk: $ESPORTS 1-hour surge of 16.54%
To figure out who's buying, I’d first watch for two things:
· Are there consecutive large orders during the rally?
· Once the price rises, do large sell orders start hitting the market?
For reference: 24h trading volume is $729 million, up 117.84% in 24h. Only when the first is true and the second is not can we say there’s genuine buying pressure behind this move.
#ESPORTS
To figure out who's buying, I’d first watch for two things:
· Are there consecutive large orders during the rally?
· Once the price rises, do large sell orders start hitting the market?
For reference: 24h trading volume is $729 million, up 117.84% in 24h. Only when the first is true and the second is not can we say there’s genuine buying pressure behind this move.
#ESPORTS
