Indicator Notes | $BLESS | 1-hour trading volume surged 9x | Price rose 24%
Definition: Trading volume is how many coins were traded over a period of time; trading value is that amount converted into the quote currency. The volume multiple here compares this period with the average for the preceding period.
How to read it: A surge in volume with almost no price movement means buyers and sellers are trading heavily at the current price. The direction of the next move depends on which side gives way first.
Indicators can be inaccurate, so don’t skip your stop-loss: deciding in advance what to do if you’re wrong matters more than guessing correctly.
#BLESS
Definition: Trading volume is how many coins were traded over a period of time; trading value is that amount converted into the quote currency. The volume multiple here compares this period with the average for the preceding period.
How to read it: A surge in volume with almost no price movement means buyers and sellers are trading heavily at the current price. The direction of the next move depends on which side gives way first.
Indicators can be inaccurate, so don’t skip your stop-loss: deciding in advance what to do if you’re wrong matters more than guessing correctly.
#BLESS
