$ADA ｜Volume expanded 5.4 times in 15 minutes｜Price up 0.94%
What does increased volume actually indicate? On short timeframes, a spike in trading volume is quite noisy; large volume in one or two candlesticks may just be a concentrated trade, and only sustained high volume over a period of time is more meaningful.
Increased volume may also come from a wave of liquidations: liquidation orders are forced executions, and the meaning of this kind of volume is different from voluntary buying and selling, so it should be judged in conjunction with liquidation conditions.
The purpose of understanding an indicator is to avoid being spooked by a single number, not to use it to predict tops and bottoms.
#ADA
The above is a compilation of public information, please verify independently.
What does increased volume actually indicate? On short timeframes, a spike in trading volume is quite noisy; large volume in one or two candlesticks may just be a concentrated trade, and only sustained high volume over a period of time is more meaningful.
Increased volume may also come from a wave of liquidations: liquidation orders are forced executions, and the meaning of this kind of volume is different from voluntary buying and selling, so it should be judged in conjunction with liquidation conditions.
The purpose of understanding an indicator is to avoid being spooked by a single number, not to use it to predict tops and bottoms.
#ADA
The above is a compilation of public information, please verify independently.