but it could also be there are less buyersThere is some logic behind such a notion. Declining volume suggests that less and less trades are executed at the descending price, which might signal that bears are "getting tired".
for example from which indicator?However, I don't think that "descending price + declining volume" can serve as a reliable BUY signal alone on its own. You would need some confirmation and other signals to get a high probability trade.
Yes, declining price always means that there are less buyers than sellers at a higher price, but combined with a declining volume, it suggests that this seller/buyer disparity is probably shrinking.but it could also be there are less buyers
Any. It could be fundamental, sentimental, or any technical indicator. The descending volume/price combination just gives you a small clue to what could be probably going on. You can use everything else to dig it up further.for example from which indicator?
Definitely can`t be used as a single reason for entering Long. For an example check the last BTC big drop situation.Hi, sometimes I have red about this: ''discending price + discending is volume bullish''
is that true? What is your tought about it?
(I am talking about stocks, not forex)