📢 Jokester update: The trading volume over $RWUSD 5 minutes was about $1.75 million, 20.9 times the previous average; the price barely moved during the same period.
A sudden jump in volume only means trading has picked up—it doesn’t prove which side is right.
Seriously, changes in volume sometimes show up before price movements, so many people treat an unusual spike in volume as a signal to pay attention to a coin. The price will show which way it’s heading.
Before taking a leveraged position, first consider whether you can handle the worst-case scenario, then think about what the indicators are saying.
A sudden jump in volume only means trading has picked up—it doesn’t prove which side is right.
Seriously, changes in volume sometimes show up before price movements, so many people treat an unusual spike in volume as a signal to pay attention to a coin. The price will show which way it’s heading.
Before taking a leveraged position, first consider whether you can handle the worst-case scenario, then think about what the indicators are saying.
