$NVDAB First, let’s look at the actual data from this hour.
Binance Spot, Oct. 16, 20:40–21:40 (Beijing time): prices fell 0.5% over the hour, with a trading volume of 914,600 USDT, 3.64 times that of the previous hour. The closing price for the period was 216.26 USDT.
Trading volume was higher than in the previous hour, but an increase in volume alone cannot identify who was trading or prove that the price trend will continue. Price movements and trading volume answer different questions, so let’s first look at the figures alongside the timeframe.
In the next hour, which will you watch first: price movements or trading volume?
#NVDAB #MarketWatch
Binance Spot, Oct. 16, 20:40–21:40 (Beijing time): prices fell 0.5% over the hour, with a trading volume of 914,600 USDT, 3.64 times that of the previous hour. The closing price for the period was 216.26 USDT.
Trading volume was higher than in the previous hour, but an increase in volume alone cannot identify who was trading or prove that the price trend will continue. Price movements and trading volume answer different questions, so let’s first look at the figures alongside the timeframe.
In the next hour, which will you watch first: price movements or trading volume?
#NVDAB #MarketWatch