$BLUAI ｜15-minute trading volume surged 441.3 times｜Price rose 23.19%
Before looking at your position, first understand what a surge in trading volume means.
Trading volume is the quantity traded over a period of time, while trading value converts that quantity into a monetary amount. Here, the volume multiple compares this period with the average over the preceding period.
A rise accompanied by a surge in volume is often seen as having trading activity behind it, while a drop on surging volume is often interpreted as heavier selling pressure. But these are just rules of thumb.
Learning to read indicators is easy; the hard part is sticking to your plan even when market conditions are extreme.
#BLUAI
Before looking at your position, first understand what a surge in trading volume means.
Trading volume is the quantity traded over a period of time, while trading value converts that quantity into a monetary amount. Here, the volume multiple compares this period with the average over the preceding period.
A rise accompanied by a surge in volume is often seen as having trading activity behind it, while a drop on surging volume is often interpreted as heavier selling pressure. But these are just rules of thumb.
Learning to read indicators is easy; the hard part is sticking to your plan even when market conditions are extreme.
#BLUAI