🐋 $ETH 15-minute trading volume was approximately $138 million, 8.8 times the previous average; the price rose 0.36% over the same period.
When volume picks up, many people instinctively think money is flowing in, but it’s not that simple.
Changes in trading volume sometimes show up before price movements, so many people take a sudden surge in volume as a signal to pay attention to a coin. The direction, though, is something you have to wait for the candlesticks to reveal.
Don’t let a single number throw off your rhythm, and especially don’t use borrowed money to test what a reading means.
#ETH
DYOR, and only trade within your means.
When volume picks up, many people instinctively think money is flowing in, but it’s not that simple.
Changes in trading volume sometimes show up before price movements, so many people take a sudden surge in volume as a signal to pay attention to a coin. The direction, though, is something you have to wait for the candlesticks to reveal.
Don’t let a single number throw off your rhythm, and especially don’t use borrowed money to test what a reading means.
#ETH
DYOR, and only trade within your means.