The Accumulation Phase (2023-2024) shows a significant period of consolidation between late 2023 and 2024, where the price remains within a range. This phase suggests a buildup of buying pressure, indicating a potential breakout.
The Re-Accumulation Phase (2024-2025) shows further consolidation after the initial movement, preparing for the next upward move. This phase is important as it forms a solid base for potential price advancement.
A break above the MSB level could signal stronger upward momentum.
Potential Target: The chart projects that a breakout above the MSB could lead to a sharp price movement, with potential targets near $65
Overall Outlook: The chart reflects a well-planned accumulation phase with an expected bullish trend if price can surpass the MSB level.
The Re-Accumulation Phase (2024-2025) shows further consolidation after the initial movement, preparing for the next upward move. This phase is important as it forms a solid base for potential price advancement.
A break above the MSB level could signal stronger upward momentum.
Potential Target: The chart projects that a breakout above the MSB could lead to a sharp price movement, with potential targets near $65
Overall Outlook: The chart reflects a well-planned accumulation phase with an expected bullish trend if price can surpass the MSB level.
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💎💎- Professional Trader
💎💎 - Discord: discord.gg/gHKNVMyEvd
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💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
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.