BitcoinShort
Wyckoff Distribution Schematic #1
Not the scenario I want but unfortunately, it really looks like BTC has entered Phase D of a Wyckoff Distribution.
If so, sadly, we are going to retest the $20,000...
Caption:
PSY: preliminary supply
BC: buying climax
AR: auto reaction
ST: secondary test
SOW: sign of weakness
UT: upthrust
UTAD: upthrust after distribution
LPSY: last point of supply
If so, sadly, we are going to retest the $20,000...
Caption:
PSY: preliminary supply
BC: buying climax
AR: auto reaction
ST: secondary test
SOW: sign of weakness
UT: upthrust
UTAD: upthrust after distribution
LPSY: last point of supply
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💻 Read the blog: day-trading-that-works.com
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📖 Read the book: "Day Trading That Works. For novices & advanced beginners. From $0 to $1,000,000 in 3 years."
💻 Read the blog: day-trading-that-works.com
💻 Read the blog: day-trading-that-works.com
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.