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RE: Awesome PAY trade yesterday, and how to use Volume on a chart

in #trading7 years ago

That is a very strong base.. the bounce your refering to isnt done yet.. but regardless. if it cracks that support/base and a panic dive happens, i would say its pretty safe.. i always look at a month of data on the chart to get a real feel for how the coin reacts to surprises.. its a beautiful chart.. the only way that a small bounce would disqualify a base is if it was in a down trend and showing weakness... smaller and smaller bounces..

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awesome makes sense. Thanks!

I am learning a ton from reading the comments because this are also the same question I had! Thanks so much for taking your time to answer our questions!!!