atectuderym

Accumulation trend on 4H

BINANCE:BTCBUSD   None
The Chaikin Oscillator shows the momentum of the accumulation/distribution index, AKA the accumulation/distribution line. This shows us whether buyers outnumber sellers (accumulation) or sellers outnumber buyers (distribution).

We are just entering a new accumulation trend after a long distribution one, so bulls should be able to move the price.

However I’m not calling long or short on this because in a bear market this could be a fake reversal that dies out almost immediately.

Wait for confirmation of a large accumulation trend to long, and short if the accumulation trend flattens or tops out.

Idées en relation

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.