$BAT 1-hour trading volume was approximately $32.12 million, six times the previous average; the price rose 5.61% during the same period.
A beginner’s burning question: How should I interpret a surge in trading volume?
Changes in volume often show up before price moves, so many people treat an unusual spike in volume as a signal to pay attention to a coin. The candlestick chart will show which way it’s heading.
A sudden surge in trading volume only means that market activity has increased; it doesn’t tell you which side is winning.
Calculating your order size based on your stop-loss distance is far more reliable than choosing a position size by feel.
Volatility is high, so manage your position size carefully.
A beginner’s burning question: How should I interpret a surge in trading volume?
Changes in volume often show up before price moves, so many people treat an unusual spike in volume as a signal to pay attention to a coin. The candlestick chart will show which way it’s heading.
A sudden surge in trading volume only means that market activity has increased; it doesn’t tell you which side is winning.
Calculating your order size based on your stop-loss distance is far more reliable than choosing a position size by feel.
Volatility is high, so manage your position size carefully.