The first token I’m watching closely is $ABEL. With a high of $2.00, it retraced about 95% until it found the bottom. Watching closely the weekly chart, we can clearly see that volume has risen significantly, indicating that we might have hit the bottom and are consolidating. In order to fill the monthly wick, we need a monthly close above $0.12, which looks...
IOTA like many other tokens looks like playing the "Wyckoff accumulation Textbook". Let's see if this plays out. Note that marks signed on the chart are irrelevant with time and price. They were drawn randomly and not after checking the correct period time intervals and price changes. Not financial advice! This post is just an idea! Do you agree? What's your opinion?