PRICE IS ONLY HALF THE STORY!
A crypto asset can rise while trading activity declines and that can make a move harder to interpret.
Before calling a rally strong, ask:
š Is volume supporting the move?
š Is price breaking resistance?
š Is liquidity sufficient?
āæ Is the broader market confirming it?
Don't confuse a big candle with a confirmed trend.
š„ What matters more to you: price action or volume?
#TradingVolume #CryptoAnalysis #Altcoins #BinanceSquare
A crypto asset can rise while trading activity declines and that can make a move harder to interpret.
Before calling a rally strong, ask:
š Is volume supporting the move?
š Is price breaking resistance?
š Is liquidity sufficient?
āæ Is the broader market confirming it?
Don't confuse a big candle with a confirmed trend.
š„ What matters more to you: price action or volume?
#TradingVolume #CryptoAnalysis #Altcoins #BinanceSquare