Steps:
Open the Binance App:
Launch the app and log in to your account.
Go to Trading:
Tap on 'Markets' or 'Trade' at the bottom of the screen.
Select Cryptocurrency Pair:
Select the currency pair you wish to analyze from the list.
Open Chart:
Tap on the chart to view it in detail.
Add Volume Indicator:
Tap on the 'Indicators' icon, which is usually represented as a chart or 'f(x)', then select 'Volume' from the menu.
Show Indicator:
The volume indicator will appear at the bottom of the chart as bars representing trading volume.
Adjust Settings (Optional):
You can adjust the indicator settings by tapping its settings icon.
Volume Analysis:
Monitor the volume bars to determine market activity. Higher bars indicate greater trading activity.
Analytical Tips:
Volume Trends:
Monitor the overall trend of trading volume; is it increasing or decreasing?
Volume Spikes:
Significant spikes may indicate important market changes or the entry of large players.
Combine Analytical Tools:
It's best to use the volume indicator with other analytical tools (such as RSI or MACD) to make better trading decisions.
Notes:
The content includes opinions from third parties and is not considered financial advice. The content may include promotional material.
