volume of trading cryptocurrency

7041 markets, market Cap:. Intraday Trades 30-minute timeframe, Daily volume profiles ) This trade is a nice example of forex correlation strategy pdf a volume accumulation trading strategy. Have a look at two more pictures with some nice intra-day trading opportunities, then I will move to swing trades. Apple trades roughly 4 billion a day in volume. Below you can see another nice example of Bitcoin reacting to a strong volume areas. On the left side of the chart, you can see a D shaped profile ( volume accumulation).

volume of trading cryptocurrency

Basically, I wait for a significant volume cluster to form and then I wait for a pullback into this area. I know it may sound weird to do cryptocurrency analysis with volume profile but in fact, I dont really see a better way. The first example shows buying momentum on BTC/USD that took place quite recently. Comparing the 1 day volume to the 7 day volume is another way we can read trends. I personally had the best results with this particular instrument. At the bottom of the picture, you can see a small little share that the retail traders own (thats us). .