How altcoins pump - [Educational] - #TATip

On the chart there are notes that describe in detail a typical way that an altcoin pumps.
In this particular example we notice 5 phases that occured.

a. Price takes out the low then proceeds
with a big pump (Accumulation)
b. Target goes just above the most recent swing high
to trap breakout traders (Distribution)
c. Selloff that causes stop loss triggers
and liquidation of positions
d. Pump to seek liquidity in order to sell without slippage
e. Next Support Zone (Accumulation)