Hello Traders,
This is a quick update on waves for the targets !
I hope you made some profits from this idea <3
Thumb up for more on WAVES
Follow for more on ALTCOINs.
Have a nice day !!
-
Educational :
The distribution schematic has similar phases to the accumulation schematic, but with many of the same events along the way happening in the opposite direction.
Phase A - Arriving with the Markup Phase of the cycle is the Preliminary Supply (PSY), which demonstrates the first opportunity to sell for strong profit is nearing. The Buying Climax ( BC ) where the Composite Operator and bears first sell-off, creating a new resistance line. Price drops until a new Automatic Reaction (AR) occurs, bouncing the price up again to a Secondary Test (ST).
Phase B - Similar to Phase B of the Accumulation Schematic, in that, this is now where the Composite Operator will sell off its investments and realize profits from the previous schematic phases. Again, bear traps and bull traps may occur between the trading range. An Upthrust (UT) may also occur, briefly surpassing the BC , and setting a new resistance line.
Phase C - Just as with the Accumulation Schematic, this phase may or may not occur. An Upthrust After Distribution (UTAD) could find the market a new high. Whether or not this happens, Phase D eventually takes place.
Phase D - This is the last point for investors to sell at higher prices before the price begins to capitulate. Usually, a Last Point of Supply (LPSY) is found within the trading range, then a buy/sell reaction occurs, and another LPSY is located at or below the support line, triggering Phase E.
Phase E - The downward capitulation begins with a clear drop under the trading range as investors sell off, diminishing demands and tanking the price.
------
This is a quick update on waves for the targets !
I hope you made some profits from this idea <3
Thumb up for more on WAVES
Follow for more on ALTCOINs.
Have a nice day !!
-
Educational :
The distribution schematic has similar phases to the accumulation schematic, but with many of the same events along the way happening in the opposite direction.
Phase A - Arriving with the Markup Phase of the cycle is the Preliminary Supply (PSY), which demonstrates the first opportunity to sell for strong profit is nearing. The Buying Climax ( BC ) where the Composite Operator and bears first sell-off, creating a new resistance line. Price drops until a new Automatic Reaction (AR) occurs, bouncing the price up again to a Secondary Test (ST).
Phase B - Similar to Phase B of the Accumulation Schematic, in that, this is now where the Composite Operator will sell off its investments and realize profits from the previous schematic phases. Again, bear traps and bull traps may occur between the trading range. An Upthrust (UT) may also occur, briefly surpassing the BC , and setting a new resistance line.
Phase C - Just as with the Accumulation Schematic, this phase may or may not occur. An Upthrust After Distribution (UTAD) could find the market a new high. Whether or not this happens, Phase D eventually takes place.
Phase D - This is the last point for investors to sell at higher prices before the price begins to capitulate. Usually, a Last Point of Supply (LPSY) is found within the trading range, then a buy/sell reaction occurs, and another LPSY is located at or below the support line, triggering Phase E.
Phase E - The downward capitulation begins with a clear drop under the trading range as investors sell off, diminishing demands and tanking the price.
------
Trade closed: target reached:
Target 1 reached
Trade closed: target reached
Join my free telegram channel: t.me/TANcrypt0 (EN/AR)
