Nxgencrypto

The Four Market phases

Nxgencrypto Updated   
BINANCE:LINKUSD   ChainLink
Accumulation:
Makers accumulate assets before most investors.
Range 6 months and higher after decline.
This phase is usually marked by flat movement.
Accumulation occurs in a gradual manner to avoid significant price changes.

Advancing:
The Market begins to grow upwards. A trend is formed, which gradually attracts more and more new investors,
which subsequently leads to an increase in demand.
As the market moves upward, other investors are encouraged to enter the market.
As a result, the excitement affects more people who want to participate.
During such a period, demand is much higher than supply.

Distribution:
Sellers sell their profitable positions to those who enter the market at a late stage.
As a rule, the distribution phase is marked by a flat movement, which absorbs demand until it is exhausted.

4th stage - Decline
At this stage, supply dominates and the price goes down almost nonstop.
In other words, after a significant portion of stocks are sold, the market begins to move downward.
Eventually, supply becomes much greater than demand, and a downtrend sets in.
Comment:
Play this chart and see what happened after ^_*
Comment:
Big Bang!

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