Bitcoin Forum

Economy => Trading Discussion => Topic started by: nyerok on March 26, 2018, 07:58:15 AM



Title: Trading volume in 24 Hour
Post by: nyerok on March 26, 2018, 07:58:15 AM
when trading volume decreases what information can you get? whether you can see where the price moves from trading volume? up or down? I'm very confused.


Title: Re: Trading volume in 24 Hour
Post by: setifien19 on March 26, 2018, 11:10:48 AM
Trading volume is a very important indicator of any market ( & this importance is much bigger in crypto market due to its volatility ) , it gives significative signs of any coin/token moves ;ie , when the Trading Volume goes upper, the price -generaly- goes up too and vice versa .
You can read this article (https://www.investopedia.com/ask/answers/041015/why-trading-volume-important-investors.asp) for more information


Title: Re: Trading volume in 24 Hour
Post by: Asyifiah on March 26, 2018, 12:16:00 PM
I'am always using indicator for start trading on market.
I'am usually using tabtrader and ztrader app in android.
in there you can see moving average the price altcoin.


Title: Re: Trading volume in 24 Hour
Post by: charlotte04 on March 26, 2018, 12:25:53 PM
when trading volume decreases what information can you get? whether you can see where the price moves from trading volume? up or down? I'm very confused.

I think if the volume decreases it may always affect the price to go down because somehow people are pulling their investments out.


Title: Re: Trading volume in 24 Hour
Post by: alyssa85 on March 26, 2018, 12:37:54 PM
when trading volume decreases what information can you get? whether you can see where the price moves from trading volume? up or down? I'm very confused.

Take a look at the following website:

https://coinalyze.net/

It pulls in live prices and volumes from all the exchanges. And does this for loads of alts as well as bitcoin.


Title: Re: Trading volume in 24 Hour
Post by: iqlimasyadiqa on March 26, 2018, 12:47:55 PM
Trading volume is a very important indicator of any market ( & this importance is much bigger in crypto market due to its volatility ) , it gives significative signs of any coin/token moves ;ie , when the Trading Volume goes upper, the price -generaly- goes up too and vice versa .
You can read this article (https://www.investopedia.com/ask/answers/041015/why-trading-volume-important-investors.asp) for more information
Yes trading volume can be used as a benchmark and an indicator in making decisions. This can be used as data that we can do to perform a much better analysis. trading volume can be regarded as an indicator of trust of many people to a coin to be purchased. When there is a coin that has a very high transaction volume it can be said that the coin is in demand and we can be part of the people who take advantage in making investments. While when trading volume a little then we will also feel worried about the circumstances because everyone thinks that there is something that is not convincing to the future of the coin.


Title: Re: Trading volume in 24 Hour
Post by: parthgajjar on April 03, 2018, 11:11:32 PM
when trading volume decreases what information can you get? whether you can see where the price moves from trading volume? up or down? I'm very confused.
I think the first thing you can know is whether to trade a coin or not is to look at the trading volume of that coin. The larger the volume, the higher the liquidity, the lower the risk. Therefore, it is very important to look at volume before trading.

  I trade volume, not transactional information.


Title: Re: Trading volume in 24 Hour
Post by: btyco on April 05, 2018, 08:10:15 PM
This is important as it shows you how much interest there is in the coin. If no volume then it will be difficult to sell after you buy. Buy orders are a good indicator as well so keep an eye on those walls


Title: Re: Trading volume in 24 Hour
Post by: danherbias07 on April 05, 2018, 08:38:47 PM
It indicates both the selling part and the buying part. If it goes larger then you should still check the trading website that had the larger amount if a lot of traders are selling it or for the purpose of buying.
I guess you could see it at coinmarketcap already.

If you try to observe, there are times when the 24 hour volume is large but the value of the coin is still in red mark. That means there are a lot of sell orders that are idled in an exchange.


Title: Re: Trading volume in 24 Hour
Post by: bitcub on April 05, 2018, 11:59:21 PM
Install an app called tab trader,  it can show you the volume ups and down.

when trading volume decreases what information can you get? whether you can see where the price moves from trading volume? up or down? I'm very confused.