Volume Alerts is an advanced volume monitoring tool created to detect and highlight sudden spikes in trading volume as they occur on crypto centralized exchanges. With Volume Alerts, you'll never miss crucial market movements again. But that's not all—Volume Alerts' capabilities go beyond merely identifying sudden spikes; it also excels at detecting subtle accumulations on exchanges.
When it comes to making sense of the information provided by Volume Alerts, several key factors can give us valuable insights:
Amount and Time: Pay attention to the timing of the action, as it can reveal important details. A short timeframe, low volume coin, and buying activity often indicate a pump and dump scenario. On the other hand, a high volume and longer timeframe suggest unusual accumulation. Similarly, unusual selling activity within a short timeframe may indicate a flash crash.
Signal Price: Delve into the market's intricacies by examining the actual price movement. This data provides a deeper understanding of what transpired. The use of emojis allows for quick identification of preferred signal types.
Volume: Evaluate the volume to identify coins with low volatility and avoid pump and dump traps.
Last Signal: Utilize this information to gauge the recent activity of an asset. Coins experiencing heightened activity in the past days can be promising. Click hashtags to navigate easily and explore what happened during that period. You can also access our website's
alerts page for further details.
Recommendations for Optimal Volume Alerts Usage
Here are some valuable recommendations to enhance your experience with Volume Alerts:
General Advice: Steer clear of low volume coins, as they often lack liquidity and are susceptible to price manipulation. Determine a threshold that you consider acceptable based on your personal criteria.
Always Question the Why: When observing significant altcoin purchases within a short timeframe, ask yourself the reason behind it. Could it be insider information, an upcoming release or event, or potential partnerships? Remain vigilant and avoid falling into pump and dump schemes.
Leverage Xypherian Resources: Utilize the resources available within the
Xypherian to gain a fundamental understanding of the events taking place.
Technical Analysis: Incorporating technical analysis can provide further insights into the market dynamics. It's always beneficial to have an additional perspective.
Monitor Signal Trends: Keep a close eye on the number of signals generated and their volume over the past seven days. Increasing volume is generally a positive sign.
Mindful Market Entry: If you find yourself at the peak of a market trend, avoid buying at the market price. The strategy of buying high to sell higher does not guarantee success in all instances.
By following these recommendations, you can optimize your utilization of Volume Alerts and make informed decisions in the dynamic cryptocurrency market.