DIsclaimer.. not an investing/trading recommendation
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ltc has a similar situation only a couple of weeks ahead than btc and it is already testing the 52 week smma... with a oversold cci... can be a leading indicator for btc..!
As you know I'm an absolute Wyckoff novice but what I notice is crypto moves faster than stocks or forex. Why do you use weekly timeframe instead of daily? Volume is decling. the last couple of days could look as a creek, I see and adam and eve pattern. Could this right now maybe a spring?
capsule91
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@Stoneford, may be a spring too, but i sincerely its too early for a spring, looks like phase b has just started, might take few up and down cycle and then go for the spring..., and i am using the ALMA 52 week to mark the creek[resistance]... i am new to crypto to, seniors like prowdclown use mostly weekly to 4D chart for wyckoff analysis in crypto..