Volume-price relationship observation｜$BULLA
A 60-day low + 2.1× the average daily trading value technically qualifies as a “high-volume breakdown.”
A new low on heavy volume means this isn’t a slow decline on shrinking volume—the selling pressure is real. Extremely heavy volume can sometimes occur when panic selling surges, but don’t assume a bottom has formed until a bullish reversal candlestick appears.
#BULLA
A 60-day low + 2.1× the average daily trading value technically qualifies as a “high-volume breakdown.”
A new low on heavy volume means this isn’t a slow decline on shrinking volume—the selling pressure is real. Extremely heavy volume can sometimes occur when panic selling surges, but don’t assume a bottom has formed until a bullish reversal candlestick appears.
#BULLA