Decoding Crypto Trading: The Volume Factor
If you’re diving into the crypto trading game, a key aspect to grasp is the role of volume dynamics. Ignoring these intricacies when you’re dealing with resistance zones can lead to some serious pitfalls. Let’s break down how volume can sway price movements, the psychological undercurrents in trading, and some solid strategies to boost your trading prowess.
Understanding Resistance Zones and Volume
Resistance zones are those pesky price levels where sellers usually take the upper hand over buyers, causing price shifts. But here’s the kicker: the strength of these zones is often dictated by trading volume. When a resistance level is met with high volume, it screams strong market interest, solidifying its reliability. On the flip side, if…
