Just something to think about.
Kommentera:
Just updated the Wyckoff Schematic to be more detailed and precise...
â 1) Need to flip that 1H - 200 EMA to Support
đĄ2) Volume should start increasing as retail traders take positions.
đ„3) Price needs to get to the $43,000 Resistance Line
đ„4) Reversal is only confirmed with a huge Volume Spike... đ„đ
â 1) Need to flip that 1H - 200 EMA to Support
đĄ2) Volume should start increasing as retail traders take positions.
đ„3) Price needs to get to the $43,000 Resistance Line
đ„4) Reversal is only confirmed with a huge Volume Spike... đ„đ
Kommentera:
As bullish volume expands, this is the phase of the Wyckoff schematic where traders will look to go Long.
â 1) Need to flip that 1H - 200 EMA to Support
â 2) Volume should start increasing as retail traders take positions.
đ„3) Price needs to get to the $42,000 Resistance Line
đ„4) Reversal is only confirmed with a huge Volume Spike at Sign of Strength... đ„đ
â 1) Need to flip that 1H - 200 EMA to Support
â 2) Volume should start increasing as retail traders take positions.
đ„3) Price needs to get to the $42,000 Resistance Line
đ„4) Reversal is only confirmed with a huge Volume Spike at Sign of Strength... đ„đ
Kommentera:
BITCOIN x Wyckoff Accumulation appears to have failed... đ
Only sign of hope is the lack of increasing Bear Volume in relation to price dropping. (Effort < Result)
Without Bullish Demand... the only chance of a reversal is a Short Squeeze by whales at $30,000...
Only sign of hope is the lack of increasing Bear Volume in relation to price dropping. (Effort < Result)
Without Bullish Demand... the only chance of a reversal is a Short Squeeze by whales at $30,000...
Kommentera:
BITCOIN -- Supply and Demand â Battle Is Coming to a Close! (after 25 days of agony đ) Volume in relation to Price (Effort and Result)... have shown that Bears đ» had no follow-thru and the Bulls đ gave clues of accumulation with increasing volume spikes. đ
â 1) Above 1H - 200 EMA to Support
â 2) Bullish volume increasing as retail traders take long positions.
đ„3) Price needs to get to the $42,000 Resistance Line
đ„4) Reversal is only confirmed with a huge Volume Spike at Sign of Strength... đđ„đ
đ€ȘI can't believe it's been ranging sideways for nearly a month! (25 days to be precise.) I believe Bitcoin may take the lead, while the Altcoins may lag behind and range sideways for an extended time.
â 1) Above 1H - 200 EMA to Support
â 2) Bullish volume increasing as retail traders take long positions.
đ„3) Price needs to get to the $42,000 Resistance Line
đ„4) Reversal is only confirmed with a huge Volume Spike at Sign of Strength... đđ„đ
đ€ȘI can't believe it's been ranging sideways for nearly a month! (25 days to be precise.) I believe Bitcoin may take the lead, while the Altcoins may lag behind and range sideways for an extended time.
â 1) Need to flip that 1H - 200 EMA to Support
đĄ2) Volume should start increasing as retail traders take positions.
đ„3) Price needs to get to the $43,000 Resistance Line
đ„4) Reversal is only confirmed with a huge Volume Spike... FireRocket