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barzzTradingAcademy
Jan 9, 2021 6:39 AM

MASSIVE ACCUMULATION ON CARDANO 

Cardano / TetherUSBinance

Description

Based on our Strategy, Price is currently accumulating on the H4 Timframe.

We are bullish on the Monthly Weekly and Daily Timframes, which means that we could expect a break to the upside in the coming days.

However, we should always be ready to Respond to the market once we have our Confirmations for a Valid Entry.
Comments
Karzon
I think it's too late for entry!
barzzTradingAcademy
Good day.

It will be my pleasure to explain.

Accumulation is when price has no direction (indecision)

what usually happens in this phase is Orders are being Accessed and The market is Accumulating Liquidity.

Distribution is the movement of the market towards a bullish or bearish direction after an accumulation.

If the Bulls are in the market, we get a bullish distribution.

If Bears are in the market, we get a bearish Distribution.
mineskijvxd
hi, what does accumulation mean
morganator666
@mineskijvxd, accumulation is where the candleticks move along but the price doesnt really rise or fall too much it just stays roughly the same - in a bull market (now) this is a positive sign as its seen kind of like a spring coiling up ready to jump (upwards hopefully)
barzzTradingAcademy
Nice explanation Champion 🙏✅
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