ADAUSDT: A new conflict zone with a readjust triangle emerge.
Updated
We can assume that each time there is a continuous drop with a strong support at some point it will change drastically.
Imagine there is a big whale with a lot of coins that wants its way out, it will exchange all the buy positions, until the money is out.
Then, because the price dropped, a new whale takes it place. Some times, this is a way of adding value to a large sum of money. Because it takes the money of those that want to buy, by selling, and then, that money enters in a lower price.
So, this triangle may mean that someone is moving a larg amount of money by doing small movements.
So, there you have it. It will go up.
Imagine there is a big whale with a lot of coins that wants its way out, it will exchange all the buy positions, until the money is out.
Then, because the price dropped, a new whale takes it place. Some times, this is a way of adding value to a large sum of money. Because it takes the money of those that want to buy, by selling, and then, that money enters in a lower price.
So, this triangle may mean that someone is moving a larg amount of money by doing small movements.
So, there you have it. It will go up.
Note
watching again at this idea, it´s amazing how fast supports are removed from the base, but added again in no time.
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