Time to eat—today’s little candlestick-chart sketch: the $XLM 5-minute trading volume was about $3.17 million, 26.5 times the previous average; during the same period, the price fell 1.53%.
A sudden surge in trading volume only shows that more people are active; it doesn’t prove who won.
Seriously, volume surges usually happen when news breaks, a key level is breached, large orders enter or exit, or liquidations occur en masse.
Don’t place orders during the most volatile few minutes. Wait for the candlestick to close before taking a look.
#XLM
Data is for reference only. Make your own independent decisions.
A sudden surge in trading volume only shows that more people are active; it doesn’t prove who won.
Seriously, volume surges usually happen when news breaks, a key level is breached, large orders enter or exit, or liquidations occur en masse.
Don’t place orders during the most volatile few minutes. Wait for the candlestick to close before taking a look.
#XLM
Data is for reference only. Make your own independent decisions.