$IDOL 1-hour trading volume increased 3.7x, price surged 25.75%, current price 0.0351.
When I look at a volume spike, I usually focus on two things: how large the volume is and where the price is when the volume comes in.
A genuine breakout is usually accompanied by a surge in volume, while a false breakout often comes with little volume. This is my go-to way to filter them out.
You’re responsible for your own risk; I’m just sharing my thoughts.
When I look at a volume spike, I usually focus on two things: how large the volume is and where the price is when the volume comes in.
A genuine breakout is usually accompanied by a surge in volume, while a false breakout often comes with little volume. This is my go-to way to filter them out.
You’re responsible for your own risk; I’m just sharing my thoughts.
