BTCUSD - Possible Wyckoff accumulation pattern
Potential Wyckoff accumulation pattern heading into markup phase forming... waiting on confirmation of a sign of strength to confirm.
Kommentera:
Looks like either my scale is off, or the pattern is playing out as a redistribution instead of an accumulation phase.
Kommentera:
clearly my timing is off.. I had the spring far earlier than it should have been. That's probably a ST in Phase B. Looks like we just had the spring with the pullback to $28.8k. Looking for a retest of support to confirm phase C, which should lead into the last point of supply somewhere around $40-42k.