I made this analysis of Accumulation and Distribution ranges on Bitcoin.
On the current level we can clearly see its forming a range which can work as Distribution and go down at least a key level bellow as we can see on the horizontal lines.
Or it can make a spring bellow the range and push up to a new level above new all time highs.
The question is: We are now in a Distribution or Accumulation Range?
What are your opinions?
On the current level we can clearly see its forming a range which can work as Distribution and go down at least a key level bellow as we can see on the horizontal lines.
Or it can make a spring bellow the range and push up to a new level above new all time highs.
The question is: We are now in a Distribution or Accumulation Range?
What are your opinions?
Not
As we can see after the first time this analysis was published. It made a spring below the distribution range, and an uptrend inside the range going to break the creek - resistance of the range. Which can confirm this can be an Accumulation range, and price is heading to new highs. Next expansion level at 85k
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.