In the video, i talk about bitcoin being in the accumulation phase and how my daily bias is still bullish.
Remember we have Expansion-Accumulation-Manipulation-Distribution phase in a market structure and it is crucial that we understand what phase the market is currently on.
Our priority at the moment is to be able to spot the next phase which is manipulation. This usually occur with low volume as price continue to descend out from the accumulation cluster.
So have a look at the chart and trade responsibly.
Remember we have Expansion-Accumulation-Manipulation-Distribution phase in a market structure and it is crucial that we understand what phase the market is currently on.
Our priority at the moment is to be able to spot the next phase which is manipulation. This usually occur with low volume as price continue to descend out from the accumulation cluster.
So have a look at the chart and trade responsibly.
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.
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.