Smaller accumulation became bigger which is good for higher price movement when break-out is confirmed and mark-up begins. Dont get chopped up inside this trading range!
What im looking at RIGHT NOW Accumulation into smaller distribution. This could either be a throwback of the accumulation or a new trading range that will tell us more about the next move
Accumulation confirmed. Spring phase with a strong Jump across Creek. Because redistribution and accumulation can be hard to distinguish i made a redistribution schematic also. If supply line of redistribution has been broken i will have no doubts.. I now choose to go long on distribution
The last battle of the bulls vs the bears The one who breaks the resistance/support line will rule the chart for 2018! Happy trading and may the odds be ever in your favor
Counter argument. This could very well be a accumulation phase. This is very early but i see a strong argument that its the beginning of exactly that.
BTC - Macro short with price target 0,786 is fib line typical support and trend reversal for bear moves. 4500 ish will be my accumulation range
simple nice big bear flag. yes im shorting this B***** 8,3 k 1st target. 7,1 k major target.. Also target of the macro double top
Double TOP on BTC testing neckline at this point.. Be careful my friends
Rising wedge finally confirmed, Bear flag confirmed. Looking for the next move. Im not trying to catch any falling knifes... 9500 - 10k might a strong resistance point for this bearish move
Made a quick video to explain a little bit about my current experience on this rising wedge failures
Rising wedge with volume diverging.. I dont believe we have turn bull yet and will short once bottom line of rising wedge is broken..
BTC making bull flag, Average volume going down in flag.. Increase volume on break-out! Looking for nice entry and follow up.
Not in the mood for writing anything to explain my chart. Do what you want with it ;)