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BTC / USDT Spot Trading Pair
Short

BTC Distribution

By Black_Swan-
Updated
The beginning phases of BTC distribution. To be continued...
For educational purposes only, not financial advise. Cheers...
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Phase B nearing completion, one move move upwards to complete this phase. Then the start of phase C. To be updated accordingly. s3.tradingview.com/snapshots/k/kn9l8oUR.png
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It appears we did not have the ability to get the test of resistance at phase C and consolidation there, likely for many reasons. It does look to be phase D consolidation area currently. The next step would be to break below support, and continue downwards.
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snapshot
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Phase E
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Beyond Technical AnalysisChart PatternsTrend Analysis
Black_Swan-

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