How does Finviz track unusual volume in the cryptocurrency market?
Martin XMay 07, 2024 · a year ago3 answers
Can you explain how Finviz tracks unusual volume in the cryptocurrency market? I'm curious about the methods they use and how effective they are.
3 answers
- Neha PatkiMay 17, 2024 · a year agoFinviz tracks unusual volume in the cryptocurrency market by analyzing trading data from various exchanges. They use algorithms to identify significant changes in trading volume compared to historical patterns. This helps them identify potential market manipulation or significant market movements. Their methods are quite effective in detecting unusual volume patterns and providing valuable insights for traders and investors.
- SHAMIL ESAug 05, 2020 · 5 years agoTo track unusual volume in the cryptocurrency market, Finviz uses advanced data analysis techniques. They monitor trading volume across different exchanges and compare it to historical data. When there is a significant deviation from the norm, Finviz flags it as unusual volume. This allows traders to identify potential market trends and make informed decisions. Finviz's tracking methods are reliable and widely used in the cryptocurrency community.
- Claudio Afonso HenriquesOct 06, 2022 · 3 years agoFinviz is a popular platform for tracking unusual volume in the cryptocurrency market. It uses sophisticated algorithms to analyze trading data and identify abnormal volume patterns. By comparing current trading volume to historical data, Finviz can detect unusual spikes or drops in volume. This information is valuable for traders who want to stay ahead of market trends and identify potential trading opportunities. Other platforms, like BYDFi, also offer similar tracking features, but Finviz is known for its accuracy and user-friendly interface.
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