On many altcoins we are seeing huge green waves in volume.
This can be seen as "Bearish Absorption", but when there is consistancy like this, it's more likely the case to be accumulation by big players.
Here is an example: Lisk (LSK)
LSK is the cryptocurrency that powers Lisk. Lisk is a next-generation blockchain application platform that allows for the development and distribution of Javascript based decentralized applications based on their own sidechain. Lisk features an easy to use, developer friendly, and fully featured ecosystem.
Many are saying this is the new Dot-com bubble, but the thing is, every cycle we hear the same thing. Perhaps the bottom is in soon.
This can be seen as "Bearish Absorption", but when there is consistancy like this, it's more likely the case to be accumulation by big players.
Here is an example: Lisk (LSK)
LSK is the cryptocurrency that powers Lisk. Lisk is a next-generation blockchain application platform that allows for the development and distribution of Javascript based decentralized applications based on their own sidechain. Lisk features an easy to use, developer friendly, and fully featured ecosystem.
Many are saying this is the new Dot-com bubble, but the thing is, every cycle we hear the same thing. Perhaps the bottom is in soon.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.