BTC h1 completed phase A.
Price currently been trading in phase B after selling climax completed in phase A.
Phase B construction of the cause either "Accumulation or Re-distrubition."
In this phase B we might see the UA (Uptrust Action) and UT (Upthrust) is the temporary breakout of the resistance and re-entry into the range. this is a tets at the high generated by the AR (Automatic Rally).. and we also might see ST as SOW
(Secondary Test as Sign Of Weakness.) in this phase B. sample of weakness in test function. temporary break of the support and re-entry back to the range. this is a test at the low generated by the SC (Secondary test).
During this phase the market is in balance and this where the large professionals take advantage to absorb most of the asset before end of the season.
Phase B construction of the cause either "Accumulation or Re-distrubition."
In this phase B we might see the UA (Uptrust Action) and UT (Upthrust) is the temporary breakout of the resistance and re-entry into the range. this is a tets at the high generated by the AR (Automatic Rally).. and we also might see ST as SOW
(Secondary Test as Sign Of Weakness.) in this phase B. sample of weakness in test function. temporary break of the support and re-entry back to the range. this is a test at the low generated by the SC (Secondary test).
During this phase the market is in balance and this where the large professionals take advantage to absorb most of the asset before end of the season.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.