ADABTC: ACCUMULATION PHASE
Hello traders!
I have seen recently a lot of people looking at
ADA chart.
Following Wyckoff Method, we can see a downtrend followed by accumulation phase. A trend reversal isn't imminent, but I think it's comming.
It can test again the 1700 Sats support while it's in accumulation. Once the accumulation phase ends we should break the 2472 sats resistance to see an uptrend.
- Market phases: gyazo.com/f23668a2a00c54a4c5f0e226e941461b
- THIS ISN'T FINANCIAL ADVICE -
I have seen recently a lot of people looking at
ADA chart.Following Wyckoff Method, we can see a downtrend followed by accumulation phase. A trend reversal isn't imminent, but I think it's comming.
It can test again the 1700 Sats support while it's in accumulation. Once the accumulation phase ends we should break the 2472 sats resistance to see an uptrend.
- Market phases: gyazo.com/f23668a2a00c54a4c5f0e226e941461b
- THIS ISN'T FINANCIAL ADVICE -
Note
We went up from the accumulation lines but it can still be a fakeout, be careful.No volume at all
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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.