#CryptoCharts101 Have you ever seen a coin that suddenly skyrockets 🚀 by +50% in a day? Here are some initial characteristics that often appear BEFORE a big pump:
🔹 1️⃣ Increasing Volume, Price Still Lateral
➡️ Transaction volume is increasing, but the price isn’t moving significantly. It means accumulation is happening = a signal that smart money is starting to enter.
🔹 2️⃣ Break of Resistance with High Volume
➡️ The price breaks through a previous resistance area accompanied by increasing volume. This usually marks the beginning of the markup phase (pump).
🔹 3️⃣ Higher Low & Higher High Pattern
➡️ The chart forms higher peaks & valleys = a healthy uptrend.
🔹 4️⃣ Positive & Growing Social Sentiment
➡️ Many positive conversations on X (Twitter), Discord, Telegram. But beware of FOMO! Always confirm with the chart.
🔹 5️⃣ Whale Alerts / On-chain Data
➡️ There are significant transfers to exchanges or withdrawals from exchanges = potential preparation for major action.
⚠️ NOTES:
✅ No characteristic is 100% accurate
✅ A pump can also be followed by a quick dump (scam pump & rug pull)
✅ Always DYOR & use risk management!