Technical Notes | $US | 1-hour volume up 4.9x | Price up 5.68%
First, a definition: Every trade has both a buyer and a seller, so increased volume alone doesn’t mean there are more buyers or that money is flowing in; it simply means trading activity has picked up.
Next, how to read it: Increased volume may also result from concentrated liquidations. Liquidation orders are executed passively, so this kind of volume has a different meaning from active trading and should be assessed alongside liquidation activity.
All indicators summarize past market movements; prices can certainly move in the opposite direction.
Personal notes. Please make your own decisions about buying and selling.
First, a definition: Every trade has both a buyer and a seller, so increased volume alone doesn’t mean there are more buyers or that money is flowing in; it simply means trading activity has picked up.
Next, how to read it: Increased volume may also result from concentrated liquidations. Liquidation orders are executed passively, so this kind of volume has a different meaning from active trading and should be assessed alongside liquidation activity.
All indicators summarize past market movements; prices can certainly move in the opposite direction.
Personal notes. Please make your own decisions about buying and selling.