ADA is showing one of the tenets of the DOW Theory. According to Dow, the market has three phases:
1) An accumulation phase
2) A public participation phase
3) A distribution phase
The accumulation phase represents informed buying of the investors.
The public participation phase is where the prices advance rapidly along with great news.
In the distribution phase,...
as u can see here in ethusdt there are four trend lines ( three of it are main ) first of all what is trend line categories :-
1- major trend."primary trend"
2- secondary trend ." intermediate trend"
3- minor trend ." near term trend "
_ ( major trend ) dow theory classifies the major trend as being in affect for longer than ayear and it differs from market to...