ADA is showing one of the tenets of the DOW Theory. According to Dow, the market has three phases:
1) An accumulation phase
2) A public participation phase
3) A distribution phase
The accumulation phase represents informed buying of the investors.
The public participation phase is where the prices advance rapidly along with great news.
In the distribution phase, the same "informed investors" who "accumulated" near the bottom begin to "distribute".
Right now, we might expect a couple of months-long Accumulation Phase before any rally due to Public Participation.
For more information on Dow Theory, you can read "Technical Analysis of Financial Markets" by Johny J. Murphy
1) An accumulation phase
2) A public participation phase
3) A distribution phase
The accumulation phase represents informed buying of the investors.
The public participation phase is where the prices advance rapidly along with great news.
In the distribution phase, the same "informed investors" who "accumulated" near the bottom begin to "distribute".
Right now, we might expect a couple of months-long Accumulation Phase before any rally due to Public Participation.
For more information on Dow Theory, you can read "Technical Analysis of Financial Markets" by Johny J. Murphy
交易進行
Now we are in a typical accumulation phase based on Dow Theory.註釋
Accumulation phase continues
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。