BTC - WYCKOFF ON PROCESS
We are in Accumulation Scheme !
Phase A -
<PS> Preliminary support is identified !
<SC> Selling Climax is done !
<AR> Automatic Rally is done ! But BIDs are absorbing
The range is indentified definitely !
Phase B -
Kissed twice close to <SC> level, confirmed by <ST> Secondary Test. In additive Yesterday FOMC Rate decision (by hiking 0.75) drived price below <PS> level.
Phase B is done
Phase C
"Spring" is coming....
Phase A -
<PS> Preliminary support is identified !
<SC> Selling Climax is done !
<AR> Automatic Rally is done ! But BIDs are absorbing
The range is indentified definitely !
Phase B -
Kissed twice close to <SC> level, confirmed by <ST> Secondary Test. In additive Yesterday FOMC Rate decision (by hiking 0.75) drived price below <PS> level.
Phase B is done
Phase C
"Spring" is coming....
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