FIOUSDT - GLIMPSE of MAJOR PUMP AHEAD!The Wyckoff Cycle explains market price movements in four phases driven by supply and demand. In the Accumulation Phase, smart money quietly buys assets at low prices, leading to a sideways market with limited volatility. This sets the stage for the Markup Phase, where demand outweighs supply, causing prices to rise in a clear uptrend. As prices peak, the Distribution Phase begins, where smart money sells off their holdings, resulting in another sideways market but at higher levels. Finally, the Markdown Phase occurs as selling pressure dominates, causing prices to decline in a clear downtrend, eventually leading back to a new Accumulation Phase. This cycle reflects how market participants’ psychology drives price trends.
Now as per weekly chart, as shown below, it clearly shows well accumulation before supply, many a times ive seen weekly bounce of dead sideways coin get a move and thats usually a dead cat bounce. As mentioned and seen here, I dont think its a dead cat bounce
Eying on monthly charts ,a TPO lies there stating active vol where buyers are defending thieirpositions. Henceforth, Ideal buys goes from 0.05902 where a days retest is needed.
Soon a candle to be seen big enough strong to give you good bucks!
