I like monitoring markets with my automated screeners and found this interesting example in which I try to analyze price action and volumes.
January 10 SOL Up 12%!
January 9 SOL Up 10.2%!
January 4 SOL Up 20%!
January 3 SOL Up 13.3%!
December 30 SOL High Volumes!
What is missing in the last uptrend? Volumes.
The trend started with high volumes but the strong uptrend is not followed by strong volumes. Careful on this when trading the uptrend. Correct timing is essential and FOMO (fear of missing out) is not the way.
January 10 SOL Up 12%!
January 9 SOL Up 10.2%!
January 4 SOL Up 20%!
January 3 SOL Up 13.3%!
December 30 SOL High Volumes!
What is missing in the last uptrend? Volumes.
The trend started with high volumes but the strong uptrend is not followed by strong volumes. Careful on this when trading the uptrend. Correct timing is essential and FOMO (fear of missing out) is not the way.
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www.automiamo.com/
***My Telegram MACRO Screener***
t.me/automiamo
***My Telegram SWING Screener***
t.me/automiamo2