Market Notes｜$WLD ｜5-minute volume up 9.8x｜Price up 1.27%
First, a definition: unusual volume often appears before price movements, so many people take a sudden surge in volume as a signal to watch a coin. You’ll have to wait for the candlesticks to show which way it’s going.
How to read it: Don’t chase just because volume is surging. Volatility is often at its highest during a volume spike, so using less leverage can help you stay composed.
Don’t chase a trade at the very moment the market is moving fastest. Wait for the price move to play out, then reassess.
This is not investment advice of any kind. You assume all risk.
First, a definition: unusual volume often appears before price movements, so many people take a sudden surge in volume as a signal to watch a coin. You’ll have to wait for the candlesticks to show which way it’s going.
How to read it: Don’t chase just because volume is surging. Volatility is often at its highest during a volume spike, so using less leverage can help you stay composed.
Don’t chase a trade at the very moment the market is moving fastest. Wait for the price move to play out, then reassess.
This is not investment advice of any kind. You assume all risk.