Money flow is shifting:
$INJ -hour MACD death cross above the zero line. The indicator is calculated from price, so to see where the actual money is going, you need to look at trading volume.
If the death cross comes with a surge in volume, it suggests some investors are actively taking profits. A death cross on shrinking volume is more likely to reflect hesitant buyers, so its impact is relatively limited.
How would you respond?
#INJ
This is not investment advice. Trade at your own risk.
$INJ -hour MACD death cross above the zero line. The indicator is calculated from price, so to see where the actual money is going, you need to look at trading volume.
If the death cross comes with a surge in volume, it suggests some investors are actively taking profits. A death cross on shrinking volume is more likely to reflect hesitant buyers, so its impact is relatively limited.
How would you respond?
#INJ
This is not investment advice. Trade at your own risk.