The acquisition or gradual gathering of something (Part 2.)
Hello dear followers, friends, haters as well as newcomers.
Lets focus closer on The accumulation of wealth today
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
Accumulation/Distribution scheme chart applied on
XLMBTC
link on chart HERE
Wanna know more then see also previous part HERE
What Do Fibonacci Retracement Levels Tell You?
Fibonacci retracements can be used to place entry orders, determine stop-loss levels, or set price targets.
For example, a trader may see a stock moving higher. After a move up, it retraces to the 61.8% level.
Then, it starts to go up again and vice versa. But here we got a 100% retracement
with bullish signs and full retraced markets is what I personally like.
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.
Lets focus closer on The accumulation of wealth today
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
Accumulation/Distribution scheme chart applied on
XLMBTC
Wanna know more then see also previous part HERE
What Do Fibonacci Retracement Levels Tell You?
Fibonacci retracements can be used to place entry orders, determine stop-loss levels, or set price targets.
For example, a trader may see a stock moving higher. After a move up, it retraces to the 61.8% level.
Then, it starts to go up again and vice versa. But here we got a 100% retracement
with bullish signs and full retraced markets is what I personally like.
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.
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Quick update on current situation
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IF YOU LIKE MY WORK, THEN PLEASE CONSIDER GIVING A THUMB UP TO SUPPORT ME & hit follow so you dont miss any of my new ideas.
Thanks
We are touching crucial resistance which need to be broken for further uptrend