BNB / USDT Distribution Structure

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Distribution Structure on the intraday timeframes.

Huge mark up from accumulation formation, exchange tokens are slowing down whilst money flows into the DEFI sector, majors and midcaps.

I see supply on wide spread after over extended trend, stopping action caused reaction. We had a rally in the form of an upthrust, an ST as a sign of weakness and now have an ability to rally.

Profit taking advised.

Maybe good short oppurnity.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.