Ethereum / Bitcoin
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ETHBTC Distribution Schematic #2

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hase A: Phase A in a distribution TR marks the stopping of the prior uptrend. Up to this point, demand has been dominant and the first significant evidence of supply entering the market is provided by preliminary supply (PSY) and the buying climax (BC). These events are usually followed by an automatic reaction (AR) and a secondary test (ST) of the BC, often upon diminished volume. However, the uptrend may also terminate without climactic action, instead demonstrating exhaustion of demand with decreasing spread and volume; less upward progress is made on each rally before significant supply emerges.

In a redistribution TR within a larger downtrend, Phase A may look more like the start of an accumulation TR (e.g., with climactic price and volume action to the downside). However, Phases B through E of a re-distribution TR can be analyzed in a similar manner to the distribution TR at the market top.
Dagangan aktif
If you are more heavy Bitcoin, I'll convert some BTC to ETH to get the higher beta.
Dagangan ditutup: hentian tercapai
Taking too long to develop.

RIP ETH.

No exit pump for ETH.

Penafian

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