Low Volume on Breakout Candle 4/2/21
Yesterday was great move on Ethereum. All the news with VISA, NFTs, etc supported a breakout. But if we look at volume compared to last 2 breakout candles Jan 3 and Feb 2, the volume April 2nd was much lower. And not by a little but 2-3 times lower. Usually volume confirms the trend.
Jan 3 ≈ 870K
Feb 2 ≈ 600K
Apr 2 ≈ 275K
Jan 3rd was a Sunday, Feb 2 was a Tuesday, and April 2 (yesterday) was a Friday. I don't know if volume was lighter because of holiday but Jan 3 was holidayish as well.
Any thoughts?
Jan 3 ≈ 870K
Feb 2 ≈ 600K
Apr 2 ≈ 275K
Jan 3rd was a Sunday, Feb 2 was a Tuesday, and April 2 (yesterday) was a Friday. I don't know if volume was lighter because of holiday but Jan 3 was holidayish as well.
Any thoughts?
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.