CryptoPummel

Wyckoff Distribution schematic #2

Short
BINANCE:ETHBTC   Ethereum / Bitcoin
ETHBTC is showing signs of distribution. Volatility has recently increased, against the notion of absorption that would happen in a re-acummulation scenario. Besides, it has closed below the 200 MA.

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.