Understanding crypto trading volume

What you’ll learn

• What does volume mean?
• Why is it important
• Common volume indicators
• Dangers within volume data

If you’re sequentially following Learn crypto’s section on how to trade cryptocurrency, you’ll be gradually learning about the basic tools for understanding price patterns and signals. 

Learning how to trade cryptocurrency comes down to how successful you are at doing that, and one of the most fundamental influences of price is volume.

So what do we mean by volume? Volume refers to how 
much - in monetary terms - a given cryptocurrency 
has traded over a period of time.

Volume is important because it has such a significant impact on price from both an absolute and relative perspective.