Market Notes｜$CRV ｜5-minute trading volume surged 12.8×｜Price fell 0.42%
First, a definition: A surge in trading volume over a short period can often be coincidental. Heavy trading in one or two candlesticks may just reflect a single large order; sustained high volume over a period of time is more convincing.
A common interpretation: Rising prices on high volume are often seen as having buying support, while falling prices on high volume are often seen as indicating heavier selling pressure. However, these are just rules of thumb.
Don’t place orders during the few minutes when volatility is at its highest. Wait for the price movement to play out before taking a look.
#CRV
First, a definition: A surge in trading volume over a short period can often be coincidental. Heavy trading in one or two candlesticks may just reflect a single large order; sustained high volume over a period of time is more convincing.
A common interpretation: Rising prices on high volume are often seen as having buying support, while falling prices on high volume are often seen as indicating heavier selling pressure. However, these are just rules of thumb.
Don’t place orders during the few minutes when volatility is at its highest. Wait for the price movement to play out before taking a look.
#CRV