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#DXone_Indicators [13/03/20]:
#AccumulationDistributionLine
The #ADL is a #trendline that indicates #VOLUME. If it goes up, it indicates #BUYING_VOLUME is #high, and vice versa.
It depicts the cumulative flow of money.
Note: It Does Not Indicate Price But Indicates Demand.
#AccumulationDistributionLine
The #ADL is a #trendline that indicates #VOLUME. If it goes up, it indicates #BUYING_VOLUME is #high, and vice versa.
It depicts the cumulative flow of money.
Note: It Does Not Indicate Price But Indicates Demand.
ADL to Analyse Historical Bitcoin Movement:
From early January to March, a steady inflow into #BTC with stable price depicts what traders call - #Accumulation. The increase in #volume after the initial #pandemic scare depicts larger renewed interest in BTC than last year.
From early January to March, a steady inflow into #BTC with stable price depicts what traders call - #Accumulation. The increase in #volume after the initial #pandemic scare depicts larger renewed interest in BTC than last year.
Disclaimer: This is not trading advice and is intended for educational purposes only. #DYOR
