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Price & Volume are considered king of chart analysis 👑

Why? Because all indicators get constructed by combining them

Let understand:
🔸What is volume
🔸How it confirms trends
🔸Relation to liquidity
🔸Relation with breakouts

A thread🧵👇#TechnicalTuesday #LearnWithICICIDirect
[1] What is Volume?

Volume refers to the number of shares or contracts traded in a given period of time.

Ex: A stock had 5 trades in a day

1. 10sh @₹500/sh🔼
2. 5sh @₹490/sh🔽
3. 20sh @₹550/sh🔼
4. 15sh @₹500/sh🔽
5. 30sh @₹510/sh🔼

Total volume for the day - 80 shares
[2] Trend Confirmation

👉An increase in trading vol. can often be associated with an increase in buying/selling pressure

👉This, in turn, leads to a corresponding increase in the price of a stock

👉If a comp. reports expected < earnings, it may attract a higher trading volume
Read 16 tweets
April 5th - Today in #Bitcoin I learned...

Today is #CoinJoinDay so after smelting a healthy amount of sats in Whirlpool I decided to spend some doxxic change and support the team over @lightnitegame by signing up for the alpha.

Looking forward to winning some sats

✌🏻
April 6th - Today in #Bitcoin I learned...

All things @SamouraiWallet and privacy from an awesome live stream from the SW OG's.

They cover Whirlpool, Cahoots transactions, Hardware Wallets, Chain Analysis + Post Mix spend practices.

✌🏻

Shout out for putting on a great stream. If you aren't following them, you probably should be.

@maxtannahill
@BTCxZelko
@ErgoBTC
@sthenc
@Cypherm0nk
@heady_wook
Read 272 tweets

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