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Technical analysis by dvz88 about Symbol BTC: Sell recommendation (11/14/2023)

https://sahmeto.com/message/557839
Sell،Technical،dvz88

what if...1. Accumulation: This phase represents the initial stage where smart money, typically institutional traders or market makers, starts accumulating positions in a particular asset. During this phase, prices are often stable or in a consolidation pattern.2. Manipulation: The manipulation phase follows accumulation. It involves smart money manipulating the price to create a specific market sentiment. This manipulation can include fakeouts and stop-hunting to lure retail traders into the market.3. Distribution: After manipulating the price, the smart money enters the distribution phase. In this stage, they start selling their accumulated positions to retail traders who entered during the manipulation phase. This often leads to a significant price drop or rally.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$36,332.8
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