A wave chart pattern observed in nature (Wyckoff, Elliot)
The great thing in Bitcoin is that everything moves very naturally without much or any chart manipulation from cutting edge Wall Street strategies. So you can see how a classic chart pattern naturally forms. Especially after the market hit 100% of the selling climax in the currently analyzed time-frame.
I was watching this uptrend wave unfold since "Spring" (I pondered to buy down there) and then with more confidence bought somewhere between breakout and throwback and sadly sold already too early in the third move up in the re-accumulation zone, because I had just started to look at this in this way after the fact, after the correction of wave 5 started.
I have added more text in the newer version here. Please take a look :)
/// Be aware this is my own rough interpretation of Elliot Waves and the Wyckoff market cycle, not following their strict rules. ///
I was watching this uptrend wave unfold since "Spring" (I pondered to buy down there) and then with more confidence bought somewhere between breakout and throwback and sadly sold already too early in the third move up in the re-accumulation zone, because I had just started to look at this in this way after the fact, after the correction of wave 5 started.
I have added more text in the newer version here. Please take a look :)
/// Be aware this is my own rough interpretation of Elliot Waves and the Wyckoff market cycle, not following their strict rules. ///
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.