Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Bitcoin
Jun 6, 2020
BTC distribution or re-accumulation?
3
Grab this chart
Grab this chart
The charts shows two paths for BTC. From here it can follow the either one.
RED one is distribution schematic.
GREEN one is re-accumulation schematic.
Personally I'm leaning towards distribution schematic but if I see some strength around 9100, I'll switch bullish.
Any Price weakness around 10100 will trigger shorts.
Play patiently!
tychelab
Follow
Also on:
Beyond Technical Analysis
BTCUSD
btcusdlong
btcusdshort
Chart Patterns
Trend Analysis
tychelab
Follow
Also on:
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
.