$LINK ｜5-minute trading volume surged 11.2×｜Price barely moved
Before looking at positions, first understand trading volume.
Unusual volume often appears before price moves, so many people treat a sudden spike in volume as a signal to pay attention to a coin. The direction it will take depends on how the candlesticks develop.
Whether volume increases during a breakout is often considered one of the factors for judging whether the breakout is valid: a breakout on declining volume is more likely to fail.
All data describes market movements that have already happened; prices can always move in the opposite direction.
#LINK
Before looking at positions, first understand trading volume.
Unusual volume often appears before price moves, so many people treat a sudden spike in volume as a signal to pay attention to a coin. The direction it will take depends on how the candlesticks develop.
Whether volume increases during a breakout is often considered one of the factors for judging whether the breakout is valid: a breakout on declining volume is more likely to fail.
All data describes market movements that have already happened; prices can always move in the opposite direction.
#LINK