As a seasoned crypto trader, my first reaction to this 5-minute +7.06% move in $ON was to check the trading volume ($102 million in 24h).
Why check volume first? I've learned the hard way: a rally without volume is usually just a spike, and chasing it can leave you holding the bag.
The pace seems fairly moderate this time, so it's worth watching a bit longer.
What do you usually look at first when you see a rally?
Why check volume first? I've learned the hard way: a rally without volume is usually just a spike, and chasing it can leave you holding the bag.
The pace seems fairly moderate this time, so it's worth watching a bit longer.
What do you usually look at first when you see a rally?