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RE: Steem rebounds, but will it last?

in #trading8 years ago

Thanks for the upvote majes.

Yes, volumes are important to price definitely.

Every large move in either direction should be driven by large volumes to signal a credible price action and to remove doubt of a distorted move in a thin market. so for the past few long green candles we saw, those were done with decent buy volumes - hence a new sustainable trend upwards emerged thereafter.