Mara doomed
If you see increasing volume on highs, that could indicate distribution rather than accumulation. In the Wyckoff method, you want to pay attention to the relationship between price and volume to determine the market's intentions. Increased volume on highs suggests that there might be more selling interest at those levels, signaling potential distribution.
The last time we were at 28 it had volume reach ATH. It still didnt go anywhere near 30. This is worrisome because those cyclical patterns with increasing volume at lower highs suggests big players are selling off.
Time cycles have been proving to be a very reliable tool when paired with confluence.
The last time we were at 28 it had volume reach ATH. It still didnt go anywhere near 30. This is worrisome because those cyclical patterns with increasing volume at lower highs suggests big players are selling off.
Time cycles have been proving to be a very reliable tool when paired with confluence.
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