Whales are watching this: a sharp 6.66% surge in $BTW 5 minutes
To figure out who's buying, I usually watch for two things:
Are there clusters of large orders during the rise?
Are large orders selling into the rally once it reaches higher levels?
For reference: 24h trading volume was $20.26 million, and the 24h change was -6.01%. If the first condition is met and the second isn't, then the rally is supported by buying pressure.
#BTW
Just sharing my thoughts; this is not investment advice.
To figure out who's buying, I usually watch for two things:
Are there clusters of large orders during the rise?
Are large orders selling into the rally once it reaches higher levels?
For reference: 24h trading volume was $20.26 million, and the 24h change was -6.01%. If the first condition is met and the second isn't, then the rally is supported by buying pressure.
#BTW
Just sharing my thoughts; this is not investment advice.