Trix_N

Ethereum (eth) market phases

Long
BITSTAMP:ETHUSD   Ethereum
Blow-off top and Distribution phase - early buyers exit time with new money holding up price

Liquidity grab phase - people are buying thinking support areas (green line)will be respected while early buyers have made away with their money

Accumulation phase - old buyers and new buyers buy the coin as its at discount

Mark-up phase - coin mooning as most buyers are not selling till they are in profit

Blow-off top and Distribution phase - early buyers exit time with new money holding up price

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