ONE of the SIMPLEST WAY to ANTICIPATE a POTENTIAL STRENGTHENING BUYING PRESSURE!
There have been several attempts in uncovering the reasons where buying pressure arises. With these 'several' attempts there have been a lot of correct ones. Although, if we look at it on a deeper level, we can say that there is an 'essence' that we must consider as to why buying pressure really strengthens and arises at first.
Let's understand this 'essence'.
Imagine how most buyers would react once they see the best 'least' possible price show up on their screen. You're right. They would immediately think that this low price is a good price to buy. That's how the buying pressure is strengthened. Due to the desires of buyers to continue buying at the low-lowest possible price anticipation of strengthening buying pressure should be possible. However, if we look at the very 'essence' of where these decisions come from. We will have an even clearer picture of how the strengthening would most likely happen. If you haven't figured out what the essence is, then, let me tell it to you. That's fear. Fear price levels would never be considered as a good buying areas for most traders but the ones who have been buying low and selling high for a long time would definitely know these levels. They have the idea of buying the fear and selling the greed. For they are already well-versed of what's about to come next. Taking advantage of where most would be afraid to enter, buyers would then shine most at the fear price levels. Hence, it'd be best to understand the 'essence' of the strengthening buying pressure to gain more advantage than the others and have an optimal position in the market.
Stay wise, trade cautiously.