There are some similarities here with the previous charts; the end of a market cycle, the start of a new one.
Access Protocol (ACXUSDT) just came out of a downtrend that formed a big falling wedge pattern. Naturally, technical analysis jargon.
The all-time low at the apex of the pattern produces a very strong bullish reaction. This reaction cements the bottom, it comes together with high volume.
This initial move gets corrected and ACX turns sideways within a higher low. No longer within a downtrend, now safely consolidating in preparation for a wave of growth.
Bullish vs bearish
I will end this theme soon, it will not go beyond today. Just adding more confirmations to our bullish marketwide bias.
Bearish market conditions would call for lower prices immediately after the strong ATL reaction. Instead of a higher low, we would be looking at a retest of the ATL coupled with pressure being applied by sellers to the support zone.
Right now, the last low is not even in question. Instead, today we have an attempt by ACXUSDT to produce higher prices and rising volume.
Bullish altcoins. The best possible ever—buy when prices are low.
Thank you for reading.
Namaste.
Access Protocol (ACXUSDT) just came out of a downtrend that formed a big falling wedge pattern. Naturally, technical analysis jargon.
The all-time low at the apex of the pattern produces a very strong bullish reaction. This reaction cements the bottom, it comes together with high volume.
This initial move gets corrected and ACX turns sideways within a higher low. No longer within a downtrend, now safely consolidating in preparation for a wave of growth.
Bullish vs bearish
I will end this theme soon, it will not go beyond today. Just adding more confirmations to our bullish marketwide bias.
Bearish market conditions would call for lower prices immediately after the strong ATL reaction. Instead of a higher low, we would be looking at a retest of the ATL coupled with pressure being applied by sellers to the support zone.
Right now, the last low is not even in question. Instead, today we have an attempt by ACXUSDT to produce higher prices and rising volume.
Bullish altcoins. The best possible ever—buy when prices are low.
Thank you for reading.
Namaste.
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t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
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🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
Publicaciones relacionadas
Exención de responsabilidad
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🔥 Get the FULL (4-in-1) PREMIUM PACKAGE 👇
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.