Livermore accumulation cylinder forming on the Zapex chart. You can clearly see the widening mouth pattern where price moves back and forth between the two nonparallel lines. Currently at only about 1 million market cap this CEX/DEX Aggregator looks like it is about to explode to the upside.
CSPRUSD / Casper token forming a Livermore accumulation cylinder pattern on the 3 day time period. Point 7 also at an area of support and resistance. The question is will point 7 hold or will it break down below point 6?
CHNGUSDT / Chainge Finance token forming a nice livermore accumulation cylinder pattern. Point 7 also forming on a level of historical support and resistance.
The accumulation phase is a stage in the trading cycle where buyers are slowly and steadily accumulating an asset, often at lower prices. This process can be seen as a prelude to a larger bullish move, as the accumulation of assets by these buyers can lead to an increase in demand and push the price up.
In the case of LPTUSDT, the recent breakout from an...
Weat seems to have found a bottom and is trading above the 200 daily SMA again.
After the long turn down it seems a chuvashov fork formed followed by Jesse Livermore's Accumulation Cylinder
Estimating a price of ~$9.50 in January 2022
Hello.
I have been watching PLG for sometime now and it seems we have reached a possibly strong inflection point.
We have a double back test from previous resistance.
One long term finding support from previous bottom resistance
Another short term indicating another possible reversal.
RSI is showing momentum is about to break the current downward trend
Current...
If we zoom out and take a look on big picture, we will see huge accumulation cylinder with MAJOR support and resistance. BZRX is soon to touch support and, in my prediction, this time we could break the resistance.
Important thing to watch here is Volume, and as we can see, volume is increasing when price is rising and decreasing when price is correcting. That is...
if this is going to overextend, its going to happen here. beautiful breakout and great close. looks like we will see at least 30 dollars from here but i wouldn't be surprised if we saw much higher.
