A note: $BULLA The 15-minute trading volume was about $2.09 million, 51.5 times the previous average; the price rose 5.62% over the same period.
People often ask what trading volume means. This is how I understand it.
Volume spikes on a minute-by-minute basis can be noisy, and a spike in a single candlestick may simply reflect a burst of concentrated trading. Several consecutive high-volume candles are more convincing.
A volume spike sometimes comes from concentrated liquidations: liquidation orders are forced trades, so this kind of volume means something different from active buying and selling. It should be assessed alongside liquidation data.
With leveraged trading, first consider whether you can handle the worst-case outcome, then think about what the signal is telling you.
#BULLA
People often ask what trading volume means. This is how I understand it.
Volume spikes on a minute-by-minute basis can be noisy, and a spike in a single candlestick may simply reflect a burst of concentrated trading. Several consecutive high-volume candles are more convincing.
A volume spike sometimes comes from concentrated liquidations: liquidation orders are forced trades, so this kind of volume means something different from active buying and selling. It should be assessed alongside liquidation data.
With leveraged trading, first consider whether you can handle the worst-case outcome, then think about what the signal is telling you.
#BULLA