frankoverwood

Bitcoin Wyckoff accumulation, 3 possible paths.

frankoverwood تم تحديثه   
BINANCE:BTCUSDT   Bitcoin / TetherUS
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تعليق:
s3.amazonaws.com/tra...shots/f/fBN20k6o.png
6hr volume breakout with a tight candle is a good signal, but the LPS in this case is 6450, and thats below the trendline/triangle, not a good spot.
تعليق:
It reached the LPS and with lots of sell volume, will look for a spring below 6k, remember that 6k is the previous volume stop
s3.amazonaws.com/tra...shots/w/w1QxyVRu.png
تعليق:
s3.amazonaws.com/tra...shots/z/zArxriSP.png
long term trend tested + descending wedge, might bounce here, but im not sure if its gonna last.
تعليق:
btc failed and now is looking weak, capitulation soon
s3.amazonaws.com/tra...shots/l/LcO7HrPz.png
تعليق:
s3.amazonaws.com/tra...shots/y/YRmt66Jk.png daily bear flag in progress
تعليق:
s3.amazonaws.com/tra...shots/0/0yRJCh7V.png ready to go 5.5-5.8k range
تعليق:
patience is key :), not buying here atm.
s3.amazonaws.com/tra...shots/n/NKSgO2Xn.png
تعليق:
we are getting very very close, prepare to buy and close your shorts!
تعليق:
s3.amazonaws.com/tra...shots/m/MbIHOPgK.png
to be classified as a spring it needs to bounce at 0.5 max 0.618 fib
تعليق:
we are ready for a pull back, possible new lows.
s3.amazonaws.com/tra...shots/g/gZxkVaCu.png
تعليق:
spring retest succesfull
s3.amazonaws.com/tra...shots/3/33W6Cqe1.png
target 1 is 8k
تعليق:
this type of spring fits to our price action no.1 - Modest penetration of prior support by lighter volume compared to the volume of prior down moves. Indicates sellers are exhausted. No.1 Springs should be bought immediately.

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