Ark / TetherUSShort
I think no more clear than this one
This pattern is called "negative divergence between price and volume".
When the price is moving upward (upper red line), but the volume is decreasing (lower red line), it signals weak buying momentum. This often suggests that the price rally may not be sustainable and could lead to a potential reversal or correction.
When the price is moving upward (upper red line), but the volume is decreasing (lower red line), it signals weak buying momentum. This often suggests that the price rally may not be sustainable and could lead to a potential reversal or correction.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.