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BTCUSDT: Distribution Wyckoff Phases
BTCUSDT
, 240
Short
BTCUSDT: BTCUSDT: Distribution Wyckoff Phases

PSY—preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. BC—buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a climax, with heavy or urgent buying by...

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