Posted from my phone ....will try from pc.....not a pro at this.
The top image is a 4 hour candlestick price chart of Silver/USD cfd. (Each candle represents a 4 hour time period.) If the bar is red, it means price closed lower than when the period began, if it is Blue/Green it means price closed higher than when the period began. The bottom spike bars represent total volume traded on the instrument. Red means there were more units sold than bought for that period. All markets are basically an auction. In an auction when there is a lot of activity - volume - there is movement of price. "Storage Wars" - If there is interest in the storage unit, there is a lot of bidding and the price increases. Eventually there is no more interest in taking the price higher and and the bidding stops as the consensus that the unit has bidded up to it's acceptable value. The markets are no different. If price begins to make a move, and it is a real move - there will be a lot of volume - look at the red candle and volume spike on November 9th - they agree. Then price pulled back and tried to move higher, but there was no interest in continuing this reversal back up as seen by the low volume spikes. On the 16th, another big red volume spike meaning the down trend is likely not over. Sure enough it continued. Now look at the recent bars and charts. The volume traded is the highest IN EIGHT YEARS. The volume to the down side is less than the volume to the upside. So, price is probably gonna stall, and trade sideways for a while. Watch the volume and when it picks back up. Pay attention. People decry that "the markets are manipulated". They are, always have been. You and me buying our tiny lots and shares cannot move the markets. The big money decides when they want to move the markets, and when they move in, you see a lot of volume. We can't behave like them, but we can trade with them. For more info read Richard Wyckoff, Tom Williams, and Anna Couling.
A move in price, is always supported by volume...if there is not a lot of volume, there is not a lot of interest. It's an auction folks.
Stickie worthy
Too little too late....neve liked their cheesy click bait adds and "articles links" either. They do suck big time...cowards
90% coins is what I have done. I bought back in summer when it was around 13....a "prepper" buy. Added again when it dipped back down to 24 from the 30 high. If the next dip isnt accompanied by high volume, I add again in the 24-26 range.
Actually been trading in a range 24 to 26 on low volume.
Highest volume in seven years......volume supports price action. NOT the other way around. Notice a big spike in selling volume last 4 hours but price is not supporting that volume. Effort but no result.
As my dad used to say " The BS meter is pegged"
Love the Bee...tell low info libs with their articles and their heads spin off not getting the satire
Trolling every thread with same link = Captain Obvious .....where dem.Mods?
We just cant yield. It is a big machine...but God is bigger..Ask David ( and proud Ghb Goliath)
That's what it feels like.....that's what they want you to feel. That feeling of giving up, what's the use is what all this is intended to do....break your/ our spirit. Cant do it, it's a big huge Goliath out there.....and it is scary. But the battle does not belong to the horse or the rider, but to the Lord. He has his purposes, and in his time; and his way, they will be revealed. Fall seven times get up eight. Read the account of David and Goliath. Very instructive
Larceny best value bourbon IMHO
But this site is more pro Trump than any..what did parler do that was illegal?
They will?
Edit Stafford
Good Link