WyckoffMode

BTCUSD: Let us Talk Stages of Expansion Down with Phoenix

BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! The purpose of this video was to discuss increased odds of Stage 2 expansion down potentially beginning within the next 2-Days and 10-hours from this writing in the 24-hour time frame. The 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week time frames all show either Stage 1 expansion down has begun, some show it's about to begin and others show expansion down has increased odds to CONTINUE. I personally do not see signs within the indicators our Sign of Weakness is done yet. To the contrary, we have increased odds our Sign of Weakness event in Phase E of Distribution potentially has more downside coming soon.

Hope this was helpful.

SMASH that like (boost) icon to show your support, mates!

Happy Trading and Stay Awesome!

David

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.