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Candlesticks can lie, but volume never does. $BLUR
Many people look at charts, their eyes only fixed on red and green.
A big green candle, and they think it's about to take off—chase!
A big red candle, and they think it's about to crash—cut!
What happens? Chase and get trapped, cut and it rises.
Don't be naive. Candlesticks are drawn; volume is real money.
Here's the simplest example:
A coin suddenly spikes with a big green candle, but volume is only half of usual.
—That's not real buying; it's the whales spending small money to bait a bull trap, waiting for you to buy in and get stuck.
Conversely, it drops but volume obviously expands.
—That's not panic; someone is snatching up cheap coins below.
Another classic trap: the end-of-day pump.
A sudden spike before market close, looks aggressive.
The next day it gaps down, trapping all retail investors inside.
How to spot a genuine breakout? Look at three things:
① Volume must be at least 30% higher than the 5-day average—breakouts without volume are just scams.
② Close firmly and don't fall back the next day—only then it counts.
③ Give it a chance for a retest confirmation—if the retest holds, then enter, no rush.
Remember:
Whales can draw candlesticks, but they can't draw volume.
Watch the volume, and you'll see the real intention.
Still losing over and over, starting over again? Come to me.
I'll help you make trading simple again.
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