Monitoring Trading Volume (Volume) 📉📈
One of the most important tools for traders, as it gives you a clear idea of the strength of movement in the market. Here’s how to easily monitor it:
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✅ What is trading volume?
It is the amount of currency that has been bought and sold over a specific period (for example, 24 hours).
Its increase = strong interest from traders → opportunity for strong movement (upward or downward).
Its decrease = stagnation → probability of weak movement or fluctuations.
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📌 Where to monitor trading volume?
1. Trading platforms like Binance or KuCoin
Open the currency.
You will find Volume 24h written directly on the currency page.
It often appears under the price or in the "Market Data" section.
2. Analysis websites like CoinMarketCap or CoinGecko
Enter the currency.
You will see:
Volume 24h = total trading in dollars over 24 hours.
Sometimes also the ratio compared to the price or market cap.
3. Technical analysis (TradingView)
Use the candlestick chart.
Select "Volume" from the indicators.
You will see bars at the bottom of the chart:
Long bars = high trading volume.
Green = more buying.
Red = more selling.
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🧠 How to benefit from it?
Situation Interpretation Trading Opportunity
Price is rising + volume is rising Inflow of money = potential strong upward movement Buy or follow
Price is rising + volume is low Weak or false upward movement Be careful, potential correction
Price is falling + volume is high Mass selling Do not enter, wait
Price is stable + suddenly high volume Preparation for strong movement Watch the trend#bananas31holderd