💡💡 The Fractal Nature of Bitcoin: Wyckoff, RSI & MACD 💡💡
In this analysis, I compare the structure of price action, RSI & MACD Histogram during Q1 & Q2 2021, with the compressed structure during Q3 2021.
Key Observations;
1. Q3 2021 appears to be a micro fractal of Q1 & Q2 2021
- This can be observed in price action, RSI & MACD histogram
2. Wyckoff Accumulation / Distribution plays out on all timeframes
3. Volume reflects fractal reduction
Prediction:
1. Test of Support Trend will act as spring to
break resistance and head to next ATH
2. Test & Breakout of Resistance Trend then test of
& Breakout of Local High and head to next ATH
yemala
Key Observations;
1. Q3 2021 appears to be a micro fractal of Q1 & Q2 2021
- This can be observed in price action, RSI & MACD histogram
2. Wyckoff Accumulation / Distribution plays out on all timeframes
3. Volume reflects fractal reduction
Prediction:
1. Test of Support Trend will act as spring to
break resistance and head to next ATH
2. Test & Breakout of Resistance Trend then test of
& Breakout of Local High and head to next ATH
- What are your thoughts?
yemala
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.