🐋 Trading volume over $CLANKER 1 hours was approximately $6.47 million, 4 times the previous average; the price rose 2.29% over the same period.
When trading volume surges, many people’s first reaction is that money is flowing in. But it’s not that simple.
Trading volume is the amount traded over a period of time, while turnover is that amount converted into the quote currency. The volume multiple here compares the current period with the average over the preceding period.
Don’t disrupt your original approach based on a single indicator, and never use borrowed money to test a hypothesis.
When trading volume surges, many people’s first reaction is that money is flowing in. But it’s not that simple.
Trading volume is the amount traded over a period of time, while turnover is that amount converted into the quote currency. The volume multiple here compares the current period with the average over the preceding period.
Don’t disrupt your original approach based on a single indicator, and never use borrowed money to test a hypothesis.
