WYCKOFF DISTRIBUTION PATTERN (update)
Updated
It seems like a good time to update this chart.
You know what they say about to many coincidences happening don't you?
You know what they say about to many coincidences happening don't you?
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Took short position now. stop is above the BC supply.Order cancelled
closed my short position up 2% because there is a slight chance the BULL push in US indexes will be short lived.If I'm right and we drop to lower lows on US indexes I think crypto will pop just to under BC.
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Be careful. excessive short can lead to the stock going parabolic upwards. I'm seeing these short covering before and its usually several big moves up.
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