Trading Volumes: How to Read and Why They Matter📊
-When the price moves, it's important not only to know where it goes but also with what volume. Volumes show how strongly market participants believe in the movement.
💡 What is volume?
Volume is the number of coins that have been bought and sold over a certain period of time.
-High volume = activity, interest in the asset
-Low volume = sluggish market, possible false movement
🟢 How to interpret?
-Sharp increase in volume + price rise = buyers dominate → signal to enter (upon confirmation)
-Increase in volume + price drop = strong selling → be cautious, possible liquidation
-Price rises, volumes drop = trend weakens → possible reversal
-Flat (sideways) + spike in volume = preparation for breakout from the range
On Binance, volumes are visible under the chart — green and red bars.
-Green = buying
-Red = selling
🛠 Combine with patterns!
Is a hammer appearing? Check: is there volume at that moment?
See an engulfing pattern? Strong volume → more trust in the reversal
🧠 Main Points:
-Do not trade solely based on volumes
-Use them as confirmation for candlestick patterns, levels, trends
-Volume is context. Without it, candlesticks can be misleading.