Btc is showing a potentiel (A)ccumulation (M)anipulation (D)istribution pattern also known as the "Power of three" which showed up in the beginning of 2024 causing us to hit a new ath.
This pattern is based on a liquidity sweep on both sides, using fake breakouts/downs to liquidate both sides and open up enough liqiditie to fill up large positions.
The last time the distribution phase started after a touching the 100ma on the 1D timeframe. We just hit the 100ma and i expect us to start the distribution in the near future.
Something important during the distribution phase is that the move will be quite violent up or down . Because most novice/ retail traders will be shaken out in the manipulation causing smart money to buy/sell massive positions.
So manage your positions and dont get shaken out.
Analysis is purely speculative.
This pattern is based on a liquidity sweep on both sides, using fake breakouts/downs to liquidate both sides and open up enough liqiditie to fill up large positions.
The last time the distribution phase started after a touching the 100ma on the 1D timeframe. We just hit the 100ma and i expect us to start the distribution in the near future.
Something important during the distribution phase is that the move will be quite violent up or down . Because most novice/ retail traders will be shaken out in the manipulation causing smart money to buy/sell massive positions.
So manage your positions and dont get shaken out.
Analysis is purely speculative.
Nota
Trade is going perfectly and following the analysis.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.