Learn About Time Interval, High Volumes, Accumulation & Distribution || by @faran-nabeel

in Steem Alliance7 months ago
Asslam-o-Allaikum!

IMG_20231116_225613.jpg

Picture Design Through Canva

Hello Friends, How are you? Let's start with a beautiful day, I hope your day was a good and you all enjoyed your day. I sm also well and enjoying my day with my different engagements. Now i am going to ake my new article on steemit blog and today iwill be disscus about my new crypto lesson. I hope you really miss my lessons in steem alliance community.

Today am here in Alliance community because from my padt frw days i was bit busy with my personal works i can't write my new lessons on crypto, but today am going to discuss about the time interval in Crypto Chart and i will also disscus about the volumes. I will be disscus about accumulation and distribution in crypto Chart. I hope it will be helpful for my friends and members .


Time Interval & High Volume, Accumulation ,& Distribution

Time interval is simply the period of time represented by a single unit on the chart. For the Candlestick chart, the amount of time it takes for a single candle unit to form is determined by the time interval chosen. For example, a 5-minutes time interval would mean that each candle contains 5-minutes of data. An hourly time interval produces candles on an hourly basis while a daily time interval produces candles on a daily basis.

IMG_20231121_202521.png

Screenshot from tradingview

The candlestick chart above has a 5-minutes time interval. Each candle represents 5 minutes of data and so takes 5 minutes to form. The range highlighted contains 48 candles. Since these candles are 5 minutes each, 48 of them would make up 4 hours of data.

IMG_20231121_201353.png

Screenshot from tradingview

Volume is an important factor to consider when trading because it is the measure of how much money is flowing into or out of a market. This volume factor is very crucial when identifying Accumulation and Distribution phases in the market.

IMG_20231121_201522.png

Screenshot from tradingview

Strong hands in the markets are always at play. During the Accumulation phase, large institutions or whales slowly and gradually buy and asset. By doing this, they pump money into the asset and this can be seen as spikes on the volume indicator.

IMG_20231121_201631.png

Screenshot from tradingview

Similarly, during the distribution phase, the large institutions have made their profit and begin to slowly sell their assets. When they finish, the demand reduces and the price starts to fall. Due to the fact that these large players take out a lot of money from the asset, we see an increase in volume in this phase as well.


Conclusion

In the image above, we can see that large player gradually accumulated the asset as confirmed by the volume. After they had made their profits, the started to sell the asset gradually and in the end, the price fell back.

Cc, @stephenkendal | rme | steemcurator01 Best Regards to, Faran Nabeel

png_20230330_001800_0000.png


stem.png

Contact Us on Discord

https://discord.gg/HZAKAedn

ss.jpeg

Post written by faran-nabeel for all Steemians.


Direct Quick link to vote for our witness stmpak.wit

https://steemlogin.com/sign/account-witness-vote?witness=stmpak.wit&approve=1


OR

https://steemitwallet.com/~witnesses

IMG_20220811_174102.png

Just Write stmpak.wit & Vote 🙂

Sort:  

Upvoted! Thank you for supporting witness @jswit.

 7 months ago 

Dear @faran-nabeel ,

We appreciate your active participation and contributions to our community. To ensure a positive environment for all members, we have implemented a set of guidelines to maintain respectful and constructive discussions while upholding community guidelines.



  • Review: This is a nice post on high interval, high volume, accumulation and distribution.

Keep sharing quality post in the community



Now Engage, Connect, and Inspire Each Other to Reach New heights.

Thank You.

Banner.png

 7 months ago 

Thanks brother

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.030
BTC 57606.89
ETH 3164.26
USDT 1.00
SBD 2.28