What trading volume tells you
Volume is how much of a coin traded in a set period. It helps show how active a market is.
A big price move on high volume has more participants behind it than the same move on low volume.
Volume does not show direction by itself, and it does not predict what happens next.
For information only, not financial advice.
#CryptoBasics #Trading
Volume is how much of a coin traded in a set period. It helps show how active a market is.
A big price move on high volume has more participants behind it than the same move on low volume.
Volume does not show direction by itself, and it does not predict what happens next.
For information only, not financial advice.
#CryptoBasics #Trading