ilmscore | Prediction Details
"if you for example take a look at this image right here you can see that we have one uptrend here to the left and we have another identical uptrend here to the right but the difference here between these two charts is that for one chart we see increasing volume or in other words more and more buyers are supporting the move but in the other example we can see that the volume is decreasing with which means that less and less buyers are supporting the move and because of this the chart to the right here is a little bit more likely to actually fail compared to the chart to the left"
By Mind Math Money | September 1, 2024 | Pending
From video
Volume Analysis in Trading 📊 (Volume Indicator & Trading Strategy) 00:04:34 - 00:05:10
Interpreted Prediction
An uptrend supported by increasing volume is more likely to continue successfully, whereas an uptrend with decreasing volume is more likely to fail (reverse or end).

Prediction Details

Topic
Technical Analysis (Trend Analysis)

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