$Q |1-hour volume surge: 3.9x|Price up 3.9%
Before discussing capital flows, first understand trading volume.
Volume should be read alongside candlesticks: where the coin’s price is sitting and how long the upper and lower wicks are usually offer more insight than volume alone.
When volume surges at a high price but the price struggles to rise, this is often called rising volume with a flat price. Many people see it as a sign that disagreement between bulls and bears is growing.
Indicators may be inaccurate, but stop-losses shouldn’t be overlooked: deciding in advance what to do if your judgment is wrong matters more than getting the prediction right.
#Q
Before discussing capital flows, first understand trading volume.
Volume should be read alongside candlesticks: where the coin’s price is sitting and how long the upper and lower wicks are usually offer more insight than volume alone.
When volume surges at a high price but the price struggles to rise, this is often called rising volume with a flat price. Many people see it as a sign that disagreement between bulls and bears is growing.
Indicators may be inaccurate, but stop-losses shouldn’t be overlooked: deciding in advance what to do if your judgment is wrong matters more than getting the prediction right.
#Q