Possible Cycle Top According to Wyckoff Theory
Price action strongly resembles the Wyckoff distribution phase, which could indicate that the cycle top is in. We are waiting to see if a final high will be set or not.
The invalidation of this idea is straightforward:
If the price breaks above 110K and finds acceptance there—such as with a monthly close—this would be a reaccumulation rather than a distribution.
The invalidation of this idea is straightforward:
If the price breaks above 110K and finds acceptance there—such as with a monthly close—this would be a reaccumulation rather than a distribution.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.