On-Balance Volume (OBV) Indicator
The on-balance volume or OBV indicator measures buying and selling volumes entering the market as momentum line. This line sums up all of the volumes for the time frame and increases or decreased based on if buying or selling overpowers the other.
OBV is useful for checking volume movements against price movements to see if volume supports the price. If the price action creates drastic market movement without volume backing it up, be wary as it maybe be a short term spike or whipsaw rather then the start of a new trend.
This is the future content section for the OBV indicator and how you can use it to learn to trade cryptocurrency. It is under development!
OBV Trade Triggers
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