Let's start with the linear chart. 
ALPHAUSDT is trading at bottom prices and here we can appreciate two sessions recently with really high volume. When the bottom is getting close, we tend to see whale accumulation happening.
The second high volume session came in 28-April.
The session that produced the correction bottom was the week of 5-May. Now ALPHAUSDT is turning green.
The orthodox end of the bear market happened June 2022 and the ensuing action is the same consolidation pattern we've been seeing through many charts. The difference is that here we have lower lows. Some produce higher lows others lower lows, still, it is the same market phase. A transition period from neutral to bullish. Look at the linear chart again and you can see the action being 100% flat.
Now, once we hit bottom, there is no other place left to go but up.
» ALPHAUSDT already hit bottom just two weeks ago; it is getting ready to grow. Long-term growth. This is an easy buy and hold.
Namaste.
ALPHAUSDT is trading at bottom prices and here we can appreciate two sessions recently with really high volume. When the bottom is getting close, we tend to see whale accumulation happening.
The second high volume session came in 28-April.
The session that produced the correction bottom was the week of 5-May. Now ALPHAUSDT is turning green.
The orthodox end of the bear market happened June 2022 and the ensuing action is the same consolidation pattern we've been seeing through many charts. The difference is that here we have lower lows. Some produce higher lows others lower lows, still, it is the same market phase. A transition period from neutral to bullish. Look at the linear chart again and you can see the action being 100% flat.
Now, once we hit bottom, there is no other place left to go but up.
» ALPHAUSDT already hit bottom just two weeks ago; it is getting ready to grow. Long-term growth. This is an easy buy and hold.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
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🚨 FREE Quality Content + New Results
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🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.