1) Declining phase 2) Then the accumulation phase 3) Then strong and dynamic growth with large volumes (Uptrend phase)
Comment
I drew how the price might move in the future (approximately). I can't say exactly when this will happen (time in the market is difficult to analyze). Also, I cannot say how deep we will decline before accumulation (the accumulation phase may begin much higher than I drew).
Comment
Important update on the idea
The chart above shows the price from the htx exchange. My idea (analysis) should be viewed on the chart on binance
On htx the minimum price is 0.0005 On binance 0.007
When I posted the idea with the htx chart, I did not pay attention to the minimum price.
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.