Join
March 31, 2026
Login
Menu
Breaking
Maryland man charged in $50 million Uranium Finance hack after U.S. seized $31 million in crypto Bernstein sees potential bottom for crypto stocks ahead of Q1 earnings Rate hike bets are building for the Fed – and now the Bank of Japan too Microsoft Made GPT and Claude Work Together—And the Result Beats Every AI Research Tool Out There
Trading View

use the count of new addresses to identify distribution

use the count of new addresses to identify distribution

use the count of new addresses to identify distribution

use the count of new addresses to identify distribution

Bitcoin / TetherUS BINANCE:BTCUSDT
MJShahsavar


use the count of new addresses to identify distribution

This indicator is the number of unique addresses that appeared for the first time in the Bitcoin transactions.
We can use it to identify distribution areas. According to Wyckoff in distribution areas, long-term holders sell their stocks (coins) to newcomer investors. Accordingly, in the distribution area, we should see a peak increase in the number of new addresses. As marked in the chart, by suddenly increasing the new addresses and identifying the peaks in the chart, we can identify potential distribution areas.

Previous Article

GMT/USDT coin STEPN can rise to level at 5$ in 5th upward wave

 Next Article

T.A on MTL Falling Wedge

You might be interested in …

ARUSDT - SETUP
Trading View

ARUSDT – SETUP

ARUSDT – SETUP AR / TetherUS BINANCE:ARUSDT JustTradeSignals ARUSDT price is trying hard to break that overhead resistance which was rejected previously. Now we are expecting bulls are warming up to gain good momentum and […]

YFII trading plan
Trading View

YFII trading plan

YFII trading plan YFIIUSDT Perpetual Swap Contract OKEX:YFIIUSDTPERP Mr_Pootis 15min and 5min MACD both showed signals to short (shorting at 1129)(short term)

Close Menu