davidmarcus1324

Wyckoff Accumulation??

davidmarcus1324 Updated   
KUCOIN:SHIBUSDT   SHIBA INU / Tether
As we can see, in my opinion, Shiba Inu is in some type of trading range, and it potentially could be accumulation and using the fractal from 2021 we can see Shiba could possibly follow it in some type of way and get marked up. But we do not know for sure. That is why once again not financial advice, it is a great reason why you DCA into positions over time slowly, because if you were wrong you won't lose as much vs going all in and being wrong and losing a lot and or all of it.
Comment:
Shiba Inu in Wyckoff accumulation in my opinion illustrated here back in 2021. I may not be 100% right with the parameters but either way price did go up as if this was accumulation so that is why in my opinion it was accumulation in some type of manner like this.
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