BTCUSD Possible Long

Updated
Wyckoff Accumulation Schematics 2 in process

Let me be clear that Bitcoin is traded in 3 major exchanges and other minor exchanges over 100.. So volumes might be a little different in this pattern though they are close to the schematic rules

Do not take or enter a trade untill the pattern is broken like shown in the Chart

If the Accumulation pattern fails then follow the price action pattern for short entry..



Note
snapshot

Still Above the last point of support
Note
snapshot

Do not trade untill range is properly broken .. there is a possibility it might test the last point of support once again
Note
snapshot

Partial booking
Trade closed: target reached
Bok Full Profit .. Possible retrest of the accumulation range in comming days
Beyond Technical AnalysisBTCBTCUSDbtcusdlongBTCUSDTChart PatternsLONGTrend Analysis

TeamTaurus
Also on:

Related publications

Disclaimer