Volume surged 6-fold over $UAI 1 hours, while the price rose 46.88% to 0.1007.
If the price barely moves after a volume surge, it means buyers and sellers are evenly matched. Once one side gives way, the price will move in the other direction.
A true trend needs a succession of highs and lows to confirm it; one or two candlesticks are just the beginning.
If the price barely moves after a volume surge, it means buyers and sellers are evenly matched. Once one side gives way, the price will move in the other direction.
A true trend needs a succession of highs and lows to confirm it; one or two candlesticks are just the beginning.