Wyckoff accumulation
In this chart you see how the previous cycle bottem formation look liked, we compared ADA (previous cycle bottem) VS DYDX (currently)
However previous cycle bottem formation took longer (sideways ) then currently, the pattern is still the same.
If this scenario will play out, we have a bullish Q1 2023.
Note
See this idea for more explenation.
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Related publications
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.