Quiz 18: Distribution And The Upthrust After Distribution
Todd Butterfield January 3, 2022
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Question 1 of 8
1. Question
A distribution area allows the uneducated public to buy cheap Cryptocurrency from the professionals.
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Question 2 of 8
2. Question
In a distribution area, the ice is the former support area at the bottom of the trading range which becomes the supply area.
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Question 3 of 8
3. Question
An upthrust is a sharp price movement below a prior support level which does not hold but immediately rallies above that previous level.
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Question 4 of 8
4. Question
In a distribution area you take a short position only, 1) on the upthrust or upthrust after distribution, or 2) on the last point of supply after a sign of weakness.
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Question 5 of 8
5. Question
Distribution is usually characterized by wide price movements, and heavy volume, and great activity.
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Question 6 of 8
6. Question
Where is the upthrust marked on the attached chart.
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Question 7 of 8
7. Question
Where is the back up to the ice on the attached chart marked.
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Question 8 of 8
8. Question
Every Cryptocurrency can be broken down into the following cycle: Accumulation, Mark Down, Distribution, and Mark Up.
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