Take it easy, let me explain: $RATS had a 1-hour trading volume of about $7.27 million, 9.1 times its previous average; over the same period, its price fell 16.5%.
A sudden spike in volume only proves that trading has picked up—it doesn't prove which side is winning.
A quick bit of education: changes in volume sometimes show up before price movements, so many people treat unusually high volume as a signal to pay attention to a coin. Which way it will go is something we'll have to wait for the candlesticks to show.
Understanding indicators is easy. The hard part is sticking to your rules when the market gets emotional.
#RATS
A sudden spike in volume only proves that trading has picked up—it doesn't prove which side is winning.
A quick bit of education: changes in volume sometimes show up before price movements, so many people treat unusually high volume as a signal to pay attention to a coin. Which way it will go is something we'll have to wait for the candlesticks to show.
Understanding indicators is easy. The hard part is sticking to your rules when the market gets emotional.
#RATS