Awesome great chart. Will send you a donation when I make some profit.
Can I ask you a question regarding the TA?
Are we currently now in an accumulation phase with this coin? I've put together a graph to illustrate what I mean... The way it bounces along the trendline like that in small mountains, I just wondered if that's usually a sign of accumulation because whales would be quietly picking it up cheap then letting it fall again?
Thanks!
UnknownUnicorn846565
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@RafeGibbons, Yes, that is correct! At the bottom of the market cycle you often see similar trending formations. Before the big pump in april/may most every big market cap coin rode a strong trend like this. We did fall off the trend line this time but it all means the same. It looks like we could be forming an inverse Head & Shoulder
Can I ask you a question regarding the TA?
Are we currently now in an accumulation phase with this coin? I've put together a graph to illustrate what I mean... The way it bounces along the trendline like that in small mountains, I just wondered if that's usually a sign of accumulation because whales would be quietly picking it up cheap then letting it fall again?
Thanks!