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CryptoGuru888
Jun 23, 2021 7:22 AM

Bitcoin BTCUSD Wyckoff Accumulation (Long) Long

Bitcoin / U.S. dollarBitstamp

Description

BTCUSD formed a head and shoulders at the third extention (63k). The target for this formation (32k) was reached last week.

Since then, BTCUSD has sprung off the first extension from a Wyckoff accumulation pattern, currently in Phase C.

Following a retest of 33400, a good surge is expected.

To be updated...

Comment

We're seeing a W formation spring. Daily candle needs to close above 35600 for bottom confirmation.
Comments
goldpredic
good analysys
rendyr
i hope so
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