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Accumulation scheme

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BINANCE:EOSUSDT   EOS / TetherUS
We got different phases within this accumulation zone ranked from A to E. It starts with phase A is all about the end of the downtrend with often high volume and a big sell off. phase B serves the function of “building a cause” for a new uptrend. The main sign of this phase is an accumulation of positions by institutions. Phase C is the zone where we see a lot of testing and the zone where you want to look for opening positions long. You can see a lot of fake-outs in this phase where the weak hands will get stopped out. In phase D we looking for signs of strengths were prices are breaking out of its previous levels and then retests. In phase E of Wyckoff accumulation, the market leaves the TR, demand is in full control, and the markup is obvious to everyone

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