BINANCE FOR BEGINNERS — LESSON 11
📊 UNDERSTANDING TRADING VOLUME
Today we learn Volume — an important part of reading a crypto chart.
1️⃣ What is Trading Volume?
Volume shows how much of a cryptocurrency is being traded during a specific period.
For example:
High volume 📈 → lots of trading activity
Low volume 📉 → less trading activity
2️⃣ Why Does Volume Matter?
Volume can help you understand how much activity is behind a price movement.
For example:
🟢 Price rises + volume increases
→ Stronger market participation may be present.
🔴 Price falls + volume increases
→ Selling activity may be increasing.
⚠️ Volume alone does not tell you whether the price will rise or fall.
3️⃣ Volume on Binance 📱
Open:
BTC/USDT → Chart
Look below the main price chart.
You'll see volume bars.
Each bar represents trading activity during that candle's timeframe.
4️⃣ Combine Volume With Other Tools
Don't rely on volume alone.
You can compare:
Price + Volume + Support/Resistance + RSI + Moving Average
This gives you more information than looking at only one indicator.
🎯 LESSON 11 TASK
Open the BTC/USDT chart.
Find:
A candle with high volume
A candle with low volume
Check whether the price went up or down during the high-volume candle.
Write your observation.
Example:
High volume → Price moved upward → Strong buying activity may have occurred.
🔥 NEXT LESSON
Lesson 12: Spot Trading — understanding BUY, SELL, and USDT pairs before making your first practice trade.
📊 UNDERSTANDING TRADING VOLUME
Today we learn Volume — an important part of reading a crypto chart.
1️⃣ What is Trading Volume?
Volume shows how much of a cryptocurrency is being traded during a specific period.
For example:
High volume 📈 → lots of trading activity
Low volume 📉 → less trading activity
2️⃣ Why Does Volume Matter?
Volume can help you understand how much activity is behind a price movement.
For example:
🟢 Price rises + volume increases
→ Stronger market participation may be present.
🔴 Price falls + volume increases
→ Selling activity may be increasing.
⚠️ Volume alone does not tell you whether the price will rise or fall.
3️⃣ Volume on Binance 📱
Open:
BTC/USDT → Chart
Look below the main price chart.
You'll see volume bars.
Each bar represents trading activity during that candle's timeframe.
4️⃣ Combine Volume With Other Tools
Don't rely on volume alone.
You can compare:
Price + Volume + Support/Resistance + RSI + Moving Average
This gives you more information than looking at only one indicator.
🎯 LESSON 11 TASK
Open the BTC/USDT chart.
Find:
A candle with high volume
A candle with low volume
Check whether the price went up or down during the high-volume candle.
Write your observation.
Example:
High volume → Price moved upward → Strong buying activity may have occurred.
🔥 NEXT LESSON
Lesson 12: Spot Trading — understanding BUY, SELL, and USDT pairs before making your first practice trade.