Which is more important to you in TA?

[Benjihenco8219]

Hello,

Which one is more important to you in technical analysis? current volume or pending orders?

 

[chen2020]

In technical analysis, I find current volume to be more crucial. It provides real-time insights into market activity

 

[Ethan.ishere]

Hello,

Which one is more important to you in technical analysis? current volume or pending orders?

Volume is way more important than pending orders, the effect from pending orders is rather smaller in comparison.

 

[Lee-me]

Volume any day of the week, pending orders will have an effect on the volume but cannot change the entire market sentiment.

 

[Benjihenco8219]

Volume any day of the week, pending orders will have an effect on the volume but cannot change the entire market sentiment.

That's a very good point.

 

[PhoenixJ]

Depends on the pair and the time you want to trade. As you can see from the answers above, volume is important and it is, and it should be the first thing you pay attention to, but in low-volume hours and pairs, pending orders change the flow of the market. So, I'd say be careful with that.