maga22

Declining volume and downtrend - a good sign for a reversal?

Long
BITFINEX:TRXUSD   TRON / Dollar
Declining volume & downtrend means either a lack of buying interest, which pushes the price lower, or a lack of selling interest, which could eventually push the price up again. Why? Because, the less people want to sell, the less supply there will be, hence, a price increase.

What are your thoughts on TRX?
If you have recommendations or tips - please, let me know below at the comment section.

/Pat

Comments

Nice analysis, please keep them coming!
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maga22 Davidbr84
@Davidbr84, Thanks David! I'll try to do it more regularly :)
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Wow!!! I love this level of analisys.
Thanks!
<3
Reply
maga22 CristoJaraba
@CristoJaraba, thank you Cristo! :) I really appreciate your comment!
Reply
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