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From today i will be sharing spot & futures signals daily. stay tuned.
From today i will be sharing spot & futures signals daily. stay tuned.
How can I use volume in my trading strategy?Incorporating volume into your trading strategy can significantly enhance your market analysis. Here's how you can use volume in various trading scenarios: 1. Identify Breakouts: Look for significant increases in volume to confirm breakouts from a range or other chart patterns. A breakout with high volume is more likely to be genuine and sustainable¹. 2. Spot Trend Reversals: Watch for surges in volume that might indicate a potential trend reversal. For instance, if the price is rising but volum

How can I use volume in my trading strategy?

Incorporating volume into your trading strategy can significantly enhance your market analysis. Here's how you can use volume in various trading scenarios:
1. Identify Breakouts: Look for significant increases in volume to confirm breakouts from a range or other chart patterns. A breakout with high volume is more likely to be genuine and sustainable¹.
2. Spot Trend Reversals: Watch for surges in volume that might indicate a potential trend reversal. For instance, if the price is rising but volum
The **volume indicator** is a tool used in trading that shows the total number of shares or contracts traded for a particular asset within a specific time frame. Imagine it like a crowd meter at a concert; the more people there are, the more popular the event is considered. Here's why it's important: 1. **Market Interest**: Volume indicates how many traders are interested in buying or selling an asset. High volume means a lot of interest, while low volume means not many people are trading it. 2. **Price Confirmation**: When prices move up or down, high volume can confirm that the movement is significant because many traders are involved. It's like seeing a lot of people moving in one direction; it gives you confidence that something important is happening there. 3. **Trend Strength**: If a price is going up and the volume is high, it suggests that the trend is strong because many traders are buying. Conversely, if the price is going up but the volume is low, the trend might not be as strong. 4. **Potential Reversals**: Sometimes, you'll see the price going one way, but the volume is suggesting something else. For example, if the price is going up but the volume is decreasing, it could mean that the upward trend is losing steam and might reverse soon. In summary, the volume indicator helps traders understand the strength and conviction behind market moves, making it a valuable tool for making informed trading decisions. It's like having an insight into the crowd's behavior in the market.📊
The **volume indicator** is a tool used in trading that shows the total number of shares or contracts traded for a particular asset within a specific time frame. Imagine it like a crowd meter at a concert; the more people there are, the more popular the event is considered.

Here's why it's important:

1. **Market Interest**: Volume indicates how many traders are interested in buying or selling an asset. High volume means a lot of interest, while low volume means not many people are trading it.

2. **Price Confirmation**: When prices move up or down, high volume can confirm that the movement is significant because many traders are involved. It's like seeing a lot of people moving in one direction; it gives you confidence that something important is happening there.

3. **Trend Strength**: If a price is going up and the volume is high, it suggests that the trend is strong because many traders are buying. Conversely, if the price is going up but the volume is low, the trend might not be as strong.

4. **Potential Reversals**: Sometimes, you'll see the price going one way, but the volume is suggesting something else. For example, if the price is going up but the volume is decreasing, it could mean that the upward trend is losing steam and might reverse soon.

In summary, the volume indicator helps traders understand the strength and conviction behind market moves, making it a valuable tool for making informed trading decisions. It's like having an insight into the crowd's behavior in the market.📊
12.5% Peak Profit on #LINKUSDT with our free signals. for me to get free signals like these here on binance
12.5% Peak Profit on #LINKUSDT with our free signals.

for me to get free signals like these here on binance
BitcoinBTC short term analysisBtc is moving consistantly in a sepecific pattern.Falling wedge, breakout then rising wedge then break out, creates another falling wedge, breakout, now creating another rising wedge.Now #BTC is in risng wedge and we will look and wait for its break out. Till break out it is considrred bullish and after breakout i marked the strong area from where it can buy again.This is short term analysis of #bitcoin . What is your opinion?

Bitcoin

BTC short term analysisBtc is moving consistantly in a sepecific pattern.Falling wedge, breakout then rising wedge then break out, creates another falling wedge, breakout, now creating another rising wedge.Now #BTC is in risng wedge and we will look and wait for its break out. Till break out it is considrred bullish and after breakout i marked the strong area from where it can buy again.This is short term analysis of #bitcoin . What is your opinion?
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