/bizlet here, could someone please explain to me the correlation between price and volume?

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Anonymous Tue Mar 3 17:50:43 2020 No.17562222 [Reply] [Original]

/bizlet here, could someone please explain to me the correlation between price and volume?

Anonymous Tue Mar 3 18:10:56 2020 No.17562587
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>>17562222
I'll do it for those digits.

Just think that volume represents how much the asset is being exchanged. You want high volume on rises and near tops (people are fomoing), and low volume on falling prices and near bottoms (people are hodling). This means the asset is "healthy".

On the other side, if you see high volume near bottoms or in falling prices, that means people are panicking and may crash the asset.

>>	Anonymous Tue Mar 3 18:12:00 2020 No.17562606 >>17562587 Thx anon

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/biz/ - Business & Finance