Bitcoin / Tether

Updated

Accumulation or Distribution ?

We reached a very critical stage for this range and very soon there will be a resolution, but which way? The massive pump on Sunday certainly was very scammy and feels like an exit pump.

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For the distribution case, we could very well reverse right here with LPSY.

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snapshot

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Also, a question for Wyckoff experts if any here, shouldn't we see a mark-down for the Distribution before accumulation can begin?

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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.