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/biz/ - Business & Finance

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12494680 No.12494680 [Reply] [Original]

why isnt the price dumping if the volume is drying up quickly?

>> No.12494692
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12494692

>>12494680

>> No.12494728
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12494728

>>12494680
I just need 12k sats so I can get back in... i'll never swing again plsssss

>> No.12494836

>>12494728
yes you will, once a traitor always a traitor

>> No.12494852

>>12494680
Basically, the volume drying up is a precursor to the dump. So, if the volume drys up quickly after a pump, generally wait another day or so and we should go down. Then volume goes up as people buy the dip.

>> No.12494879

>>12494692
WHAT DOES THIS MEAN

>> No.12494918

>>12494680
It means pump soon.

>> No.12494975
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12494975

>>12494728
SWING LINKERS BURN IN HELL

>> No.12495195

>>12494836
>yes you will, once a traitor always a traitor
this

>
Basically, the volume drying up is a precursor to the dump. So, if the volume drys up quickly after a pump, generally wait another day or so and we should go down. Then volume goes up as people buy the dip

No, for every people that sell there must people buying, so your reasonament here is wrong. We can say for example that if the volume goes down after a pump and price doesn't go down there are less people selling and people are hodling, thet's why

price declining alittle bit (like this) + decreasing volume = bullish