VolumeIndicators
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19.Volume Indicators 💠
These use trade volume data (e.g. On-Balance Volume, Volume Profile). Crypto traders watch volume for confirmation. A price breakout on high volume is more trusted than one on low volume. Rising volume in a rally confirms buying strength, while weakening volume on an uptrend can foreshadow exhaustion.
#VolumeIndicators #tradingStrategy
These use trade volume data (e.g. On-Balance Volume, Volume Profile). Crypto traders watch volume for confirmation. A price breakout on high volume is more trusted than one on low volume. Rising volume in a rally confirms buying strength, while weakening volume on an uptrend can foreshadow exhaustion.
#VolumeIndicators #tradingStrategy
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