1) One number in the $NEAR data stands out: nearly half of its daily trading volume is concentrated within a remarkably tight range, indicating a high level of compression.
2) This level of compression often precedes a significant move, as traders are waiting for a breakout or breakdown to confirm the direction of the trend.
$NEAR — on my screen today.
#near #cryptotrading #consolidationpattern
#tradingvolumeanalysis
2) This level of compression often precedes a significant move, as traders are waiting for a breakout or breakdown to confirm the direction of the trend.
$NEAR — on my screen today.
#near #cryptotrading #consolidationpattern
#tradingvolumeanalysis