Indicator Notes｜$BR ｜1-hour trading volume up 4x｜Price up 5.66%
First, a definition: multiples are relative. For a usually quiet coin, a several-fold increase in volume may be caused by just a few large orders. The same increase in volume is much rarer for a leading coin.
How to read it: When volume rises after a big price increase but the price can’t keep climbing, it’s often called “high volume, stagnant price.” Many people take it as a sign of growing disagreement between buyers and sellers.
Learning to read indicators is easy. The hard part is sticking to the rules when emotions are running high.
#BR
First, a definition: multiples are relative. For a usually quiet coin, a several-fold increase in volume may be caused by just a few large orders. The same increase in volume is much rarer for a leading coin.
How to read it: When volume rises after a big price increase but the price can’t keep climbing, it’s often called “high volume, stagnant price.” Many people take it as a sign of growing disagreement between buyers and sellers.
Learning to read indicators is easy. The hard part is sticking to the rules when emotions are running high.
#BR
