$TRX 5 15-minute trading volume was approximately $1.31 million, 13.1 times the previous average; the price was almost unchanged over the same period.
Let's talk about what this figure really means.
Trading volume should be viewed alongside the candlestick: where the price closes and how long the upper and lower wicks are are usually more informative than the volume itself.
Signals are clearer when volume and price move in the same direction. Divergences are often worth watching more closely—for example, when the price rises while trading volume keeps falling.
Leave enough room in leveraged positions; don't let a single wick wipe you out.
Guys, chasing the market after it takes off can easily leave you holding the bag. Follow ChainLink Society to spot signs of a move before it starts.
Let's talk about what this figure really means.
Trading volume should be viewed alongside the candlestick: where the price closes and how long the upper and lower wicks are are usually more informative than the volume itself.
Signals are clearer when volume and price move in the same direction. Divergences are often worth watching more closely—for example, when the price rises while trading volume keeps falling.
Leave enough room in leveraged positions; don't let a single wick wipe you out.
Guys, chasing the market after it takes off can easily leave you holding the bag. Follow ChainLink Society to spot signs of a move before it starts.
