$HFT is up 6.3 percent right now and you need to see who is selling
Most retail traders pile in when they see a green candle without checking the math
Look at the daily range on $HFT where the high reached 0.009999 dollars earlier today
Right now the price sits at 0.007110 dollars which is only 28 percent up from the 24 hour low
That means anyone who bought the actual bottom is dumping their bags straight into your market order
Volume spiked to 2.3 million dollars which is 4.4 times the weekly average giving them plenty of liquidity to exit
You are not buying strength when you chase a top gainer you are just paying someone else to leave their trade
Always check where price sits in the daily range before buying so you never become the exit liquidity
What is your exact checklist for ignoring a pumped chart
#HFT #TradingTips
Most retail traders pile in when they see a green candle without checking the math
Look at the daily range on $HFT where the high reached 0.009999 dollars earlier today
Right now the price sits at 0.007110 dollars which is only 28 percent up from the 24 hour low
That means anyone who bought the actual bottom is dumping their bags straight into your market order
Volume spiked to 2.3 million dollars which is 4.4 times the weekly average giving them plenty of liquidity to exit
You are not buying strength when you chase a top gainer you are just paying someone else to leave their trade
Always check where price sits in the daily range before buying so you never become the exit liquidity
What is your exact checklist for ignoring a pumped chart
#HFT #TradingTips