Volume is the amount of money that moved during that candle. It’s the lie detector:
Golden rule: Big candle + Big volume = REAL movement. Big candle + Small volume = TRAP.
As you can see in the image:
1. Real bullish green candle: a large green body + a huge green volume bar below. There’s conviction—real money came in. That’s when you can trust it.
2. Bullish trap: an enormous green candle but extremely low volume, almost invisible. Nobody is backing it up. It’s the typical one that makes you buy at the top and then, right away, it drops. In crypto, this happens all the time.
3. Real sell-off: a big red candle + a huge red volume bar. Real panic—take the drop seriously.
4. False drop: a red candle but without volume. There are no real sellers—it’s just a scare. Many times it bounces right there.
How to use it on TradingView in 2 seconds:
1. Add the "Volume" indicator. 2. Look at the average of the last 20 bars. 3. If the candle breaks resistance and the volume is 2x higher than the average, it’s a real breakout. If the volume is equal to or lower, it’s fake.
$BTC #BTC☀
Golden rule: Big candle + Big volume = REAL movement. Big candle + Small volume = TRAP.
As you can see in the image:
1. Real bullish green candle: a large green body + a huge green volume bar below. There’s conviction—real money came in. That’s when you can trust it.
2. Bullish trap: an enormous green candle but extremely low volume, almost invisible. Nobody is backing it up. It’s the typical one that makes you buy at the top and then, right away, it drops. In crypto, this happens all the time.
3. Real sell-off: a big red candle + a huge red volume bar. Real panic—take the drop seriously.
4. False drop: a red candle but without volume. There are no real sellers—it’s just a scare. Many times it bounces right there.
How to use it on TradingView in 2 seconds:
1. Add the "Volume" indicator. 2. Look at the average of the last 20 bars. 3. If the candle breaks resistance and the volume is 2x higher than the average, it’s a real breakout. If the volume is equal to or lower, it’s fake.
$BTC #BTC☀