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elliott77

Is the Wyckoff Accumulation schematic a plausible idea now?

Bitcoin (COINBASE:BTCUSD)  
elliott77 Uppdaterad   
COINBASE:BTCUSD   Bitcoin
Head and Shoulders BTCUSD
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headandshoulders btcusd
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The drop about to occur IMO should give the shorts confidence that a resumption of a downtrend is in play. There will likely be a shakeout and it will be hard for longs to hold as well. Smart money will not make it easy. In a matter of days though will come the volume as I'm predicting which would validate this idea. Let's see. This would bring about a new trend for BTC. Trends are changing due to institutional money and we must adapt. Good luck
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Starting a new idea based on a slightly different pattern with broader lines but the same concept
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