ADA 12h. What will abnormally high trading volumes lead to?

24 нояб. 2020 г.

Almost three months of position and strength accumulation of buyers gave its result.
Gorgeous shot up +70% in a matter of days.

Now, we have to be careful and watch closely. Isn't this a reversal spike at super high volumes?

If the price can fix above $0.17150, then after a short trades, the growth will continue to the level $0.255.

However, if a few next 12h. candles will close with high shadows from above - this will be the first signal.
It means that active sales are likely to have begun. Then the first target from below will be the nearest liquid zone - $0.111-0.115.