$BTC
The market doesn't move up or down without prior setup. The price is currently in an accumulation/distribution zone, oscillating tightly between support and resistance. There is a chance of a drop, but it is almost equal to the chance of an upward move.

The plan: enter a buy or sell, and place your stop at the top of the peak or at the bottom of the trough. The target is the next breakout. If the move goes against your direction, you will lose only a small percentage (the distance between the stop and support to resistance). But if it moves in your direction, your profits could be explosive.

Is this distribution or accumulation? There’s no clear sign yet—make sure of that.

Is the current phase accumulation or distribution on the daily timeframe?
تجميع
67%
تصريف
33%
15 votes • Voting closed