PENDLEUSDT - Possible Accumulation
PENDLEUSDT appears to be in a potential accumulation phase. Recently, we observed a spring characterized by a sharp downward move followed by a quick recovery on high volume and a low volume test.
Price has reached a key resistance level. For the bullish scenario to unfold, we need to see the price overcome this resistance with conviction. A breakout above this level on increasing volume would be a strong indication of buyer strength and could signal the end of the accumulation phase.
wyckoffanalytics.com
Price has reached a key resistance level. For the bullish scenario to unfold, we need to see the price overcome this resistance with conviction. A breakout above this level on increasing volume would be a strong indication of buyer strength and could signal the end of the accumulation phase.
wyckoffanalytics.com
Wyckoff Method Trading and Education
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Wyckoff Method Trading and Education
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.