BITCOIN still bullish / re-accumulation scheme wyckoff
PHASE A: Buying climax followed by a shakeout.
PHASE B: Ranging between demand and supply areas.
PHASE C: Creek, from top of the range all the way to the bottom and slightly lower than ST Area. Last chance for the bulls to win back the trend
Bears already celebrating and taking short positions.
PHASE D: Jump out of the creek (resistance trendline/upline)
PHASE E: Clean breakout top of the range
This is not financial advice
PHASE B: Ranging between demand and supply areas.
PHASE C: Creek, from top of the range all the way to the bottom and slightly lower than ST Area. Last chance for the bulls to win back the trend
Bears already celebrating and taking short positions.
PHASE D: Jump out of the creek (resistance trendline/upline)
PHASE E: Clean breakout top of the range
This is not financial advice
Note
Weekly timeframe bitcoin Note
Long term TA
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.
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.