CryptoSoulz
CryptoSoulz

@SoulzBTC

9 Tweets 77 reads May 10, 2024
In this THREAD I will explain “PO3”
1. Accumulation, Manipulation, Distribution
2. Bullish and Bearish PO3
3. How to trade PO3
4. Formation of PO3
5. #Bitcoin Analysis
🧵(1/9)
1. Accumulation
Accumulation is a phase in the market where smart money or institutional investor are buying.
During accumulation, the price is relatively stable, creating an impression of little activity.
Behind the scenes, investors are accumulating.
High bullish volume.
1.2 Manipulation:
Manipulation refers to intentional actions taken by smart money to control/influence the price for their benefit
Unusual price spikes/drops that don't align with fundamentals, may suggest manipulation
As deviations below supports with a big buying pressure
1.3 Distribution:
Smart money start selling their accumulated positions, after making new highs.
During distribution, the price may exhibit weakness or struggle to move higher, after a big uptrend
Volume might increase, but price progress is limited or declining within time
2. Bullish PO3:
Is conformed by;
1. Accumulation: Longs are building up and price is in a range.
2. Manipulation: Market sells of below the range, creating liquidity
3. Distribution: Price expands upwards, breaking MS with strong bullish candles and bullish volume
2.1 Bearish PO3:
Is conformed by;
1. Accumulation: The price enters in a range
2. Manipulation: The price aggressively rallies above the range, creating liquidity above last highs
3. Distribution: Price expands downwards, breaking the MS with strong bearish candles
3. How to trade PO3
1. Let the price RANGE in Accumulation.
2. Wait for a Manipulation and a "stop hunt" below range.
3. Place a LONG position when price takes the next Bullish FVG as support.
4. MS should be HH and HL to hold your position.
5. Take TP in DOL
4. Formation of PO3
As you already know, we can categorize PO3 in Bullish or Bearish.
This are the formations of each one of them.
Study how price is formed. Memorize this market structures.
5. #Bitcoin Analysis
#Bitcoin is currently making HH and HL in LTF.
Has a main resistance and a pool of Liquidity at $65,000
Meanwhile, its support is at $60,000
With the Weekend ahead, I don't expect a big movement.
Probably keeps ranging between this prices.

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