Post
Topic
Board Speculation
Re: discuss the market?
by
Digital_Lord
on 20/07/2018, 09:40:01 UTC
Prices in the market always change according to market conditions. At the time the price goes down, there is a momentum that indicates the potential price will rise.

Well, in the short term, I agree with you that the momentum presently is tending towards some short rise, but I would not really count much on it until we get to break out from the downtrend.
However, I still believe there would be some further downward movement before then and with that, we may see some volume setting in and giving us some breathing space from the downtrend at least for the mean time. I guess by this week which also signifies the end of June; we will get to see how things will end up.