Hello Traders!
On Bitcoin we are right now in the Re-Accumulation Phase. I am expecting a break of the Triangle to the upside because this is for me simply a continuation pattern. The Triangle Pattern is only the corrective move on Bitcoin.
Market Phase:
#1 Accumulation Phase - Smart money,
experienced traders and institution join the market
#2 Re-Accumulation Phase - Here, more and more
investors are joining the trend and
ensuring higher prices.
#3 Distribution - Is the origin and the initial phase
of a bear market, at this stage, the market is
often overbought
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
On Bitcoin we are right now in the Re-Accumulation Phase. I am expecting a break of the Triangle to the upside because this is for me simply a continuation pattern. The Triangle Pattern is only the corrective move on Bitcoin.
Market Phase:
#1 Accumulation Phase - Smart money,
experienced traders and institution join the market
#2 Re-Accumulation Phase - Here, more and more
investors are joining the trend and
ensuring higher prices.
#3 Distribution - Is the origin and the initial phase
of a bear market, at this stage, the market is
often overbought
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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.
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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.