From a chip perspective: a sharp 4.5% spike over $ARIA 1 hours
To judge the quality of buying pressure, I’d first watch for two things:
· Whether there are waves of aggressive buy orders during the rise
· Whether large sell orders start appearing after the price reaches higher levels
Reference: 24h trading volume: $36.16 million; 24h: +9.83%. Only if the first condition holds and the second doesn’t can we say this rally is genuinely being driven by buying pressure.
#ARIA
To judge the quality of buying pressure, I’d first watch for two things:
· Whether there are waves of aggressive buy orders during the rise
· Whether large sell orders start appearing after the price reaches higher levels
Reference: 24h trading volume: $36.16 million; 24h: +9.83%. Only if the first condition holds and the second doesn’t can we say this rally is genuinely being driven by buying pressure.
#ARIA