Detailed analysis regarding the Stockholm 2021 CS:GO Major stickers
Topic: Stockholm 2021 Holos - All Hype or Fundamental Increase?
The continuous increase in prices for Stockholm, especially Holo, stickers have been a big talking point in the CS:GO community recently. We decided to check out the chart movement of the stickers in more detail and analyse them with the help of some trading tools! Enjoy our in depth analysis regarding the Stockholm 2021 stickers. The following article is no investment advice, just a pure analysis.

Stockholm 2021 Stickers

Technical Analysis and Wyckoff Accumulation
Technical analysts who use the Wyckoff Accumulation technique look for signs of accumulation, such as an increase in volume and a price rise, indicating that the security will likely continue to rise in value. They may also look for a decline in volume and price as an indication that the security is being distributed (sold) by large investors and is likely to decline in value. Below is what the Wyckoff Reaccumulation structure generally looks like.

When I looked at the EsportFire Stockholm 2021 Index, the first thought that came to mind was this structure looks VERY familiar, and lo and behold. While not a guarantee, usually, a breakout from a Wyckoff Reaccumulation range is a powerful signal that the big players are about to push prices a lot higher.

FOMO (Fear of Missing Out)
One scroll from CS:GO Skin Twitter, and you can see many posts within the past few days of people purchasing into the Stockholm 2021 Holo hype and even making some really nice crafts with some of the Holos, even at the higher prices.

In traditional instances, FOMO is usually used as an opportunity for larger investors to sell off their current supply to latecomers, but that does not necessarily mean the trend is over. However, it is extremely risky to buy at current prices unless the momentum of the move continues.
Conclusion
Authors note:
