This is the moment when luck meets opportunity!
Whenever the price consolidates in a specific area for too long that the 20 moving average catches up. It usually continues to go up even more
When the price pump, then consolidates and then goes down immediately , it calls distribution.
But!! when the price pump, then consolidates for quite a long time without breaking down in a certain area. It will shoot up sooner or later and it calls accumulation.
please note that the accumulation is not only happening in the bottom. It can also and usually happens in the top. specially when it nears all time high.
Good luck and Happy hunting!!
