district0x Accumulation Phase Reaching Its End
district0x First peaked in February 2021 with another high in April and finally May.
All three peaks reaching similar prices (green circles).
A long correction followed and an accumulation/consolidation phase has been going since early October.
Now, this phase of accumulation is reaching its end as we can see DNTBTC challenging today EMA50 and EMA100.
Closing above EMA100 would signal that the bulls are ready to step up.
Bullish indicators... DNTBTC is getting ready to grow.
The targets and support levels as usual are marked on the chart.
Namaste.
All three peaks reaching similar prices (green circles).
A long correction followed and an accumulation/consolidation phase has been going since early October.
Now, this phase of accumulation is reaching its end as we can see DNTBTC challenging today EMA50 and EMA100.
Closing above EMA100 would signal that the bulls are ready to step up.
Bullish indicators... DNTBTC is getting ready to grow.
The targets and support levels as usual are marked on the chart.
Namaste.
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