Wyckoff Distribution Phases
Disclaimer: This is a personal observation, I don't intend to claim this facts as the absolute truth of the events that are happening in the market.
As we can observe, the Wyckoff Distribution Model suggests that
ADAUSDT is standing on the Last Point of Support and (supposedly) should bounce back looking forward to get back on track with the Bull market.
It will take a while for the price to show this sentiment, but if this continues, we would definitely see Cardano getting back on the $1.40 level.
Trade safe.
Cheers.
As we can observe, the Wyckoff Distribution Model suggests that
ADAUSDT is standing on the Last Point of Support and (supposedly) should bounce back looking forward to get back on track with the Bull market.It will take a while for the price to show this sentiment, but if this continues, we would definitely see Cardano getting back on the $1.40 level.
Trade safe.
Cheers.
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