$TRUMP |5-minute trading volume up 12.6x|Price down 1.01%
Before looking at money flows, first understand what a surge in trading volume means.
Changes in trading volume sometimes appear before price movements, so many people use unusual volume as a cue to keep an eye on a coin. The direction, however, can only be determined by how the candlesticks develop.
After a big drop, if trading volume increases while the price stops falling, some may see it as a sign of buyers stepping in—but this still needs to be confirmed by subsequent candlesticks.
Don’t chase trades during the fastest-moving minutes. Wait for the price action to play out before taking another look.
This is not investment advice.
Before looking at money flows, first understand what a surge in trading volume means.
Changes in trading volume sometimes appear before price movements, so many people use unusual volume as a cue to keep an eye on a coin. The direction, however, can only be determined by how the candlesticks develop.
After a big drop, if trading volume increases while the price stops falling, some may see it as a sign of buyers stepping in—but this still needs to be confirmed by subsequent candlesticks.
Don’t chase trades during the fastest-moving minutes. Wait for the price action to play out before taking another look.
This is not investment advice.
