The acquisition or gradual gathering of something (Part 3.)

28 lug 2020

Hello everyone !
I wish you all nice day my dear followers, friends, newcomers and randoom net troll visitors.

We focused on closer on The accumulation of wealth in previous parts
"Accumulation function, a mathematical function defined in terms of the ratio future value to present value
it is literally the process of gradually increasing in amount, or the increased amount"

Now I´m back with quick update.
In my opinion XLM broke out from that accumulation zone and provided us nice 60% run since the previous call.
On the other hand BTC boosted up because of bull divergence on Daily for BTC.D so it dragged down almost all altcoins but that is more than fine !

If you check the analysis you can see that we broke out from the accumulation triangle with solid volume and now we are floating right aboove the resistance.

This could mean that resistance is turning support which is bullish sign and supports the previous XLM ideas.

PART 1

PART 2


ChaChain
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KEYWORDS
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.