Price moves only count when volume moves along with it. If the price is moving but momentum hasn’t followed, be skeptical.
For example, this post: JackYi: BTC has broken above the 4-hour 20-day moving average. The first modest target is a break above $80,000. $BTC Up 1.52% on the day, with trading volume of 1.115 billion.
There may be a short-lived burst of excitement, but think carefully about your stop-loss before chasing.
#BTC
Crypto markets are volatile, so don’t use too much leverage.
For example, this post: JackYi: BTC has broken above the 4-hour 20-day moving average. The first modest target is a break above $80,000. $BTC Up 1.52% on the day, with trading volume of 1.115 billion.
There may be a short-lived burst of excitement, but think carefully about your stop-loss before chasing.
#BTC
Crypto markets are volatile, so don’t use too much leverage.
