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capsule91
Apr 10, 2018 3:58 AM

Learning Wyckoff methods -2.8 Bulls on Roids? Long

Bitcoin / DollarBitfinex

Description

There is a wonderful base formation in a lower time frame, which is very convincing to me that down side might be capped from here ...
here is the link to that cart....
tvc-invdn-com.akamaized.net/data/tvc_dcb28ab88073ef6a4836a470ef272787.png

Although this is a bullish projection before confirmation of a reversal of trend, if the base slides lower, i will update the charts here ..
Remember the point and figure chart is a 1D chart with out any time axis...
This was used by Wyckoffians in addition to a Vertical Bar chart in those days..

Disclaimer.. not invested/ not trading.. no cryptocurrency in possession right now..
Not an investing/trading recommendation
I am new to Point and figure charting and presently learning the same from HM gartley- Profits in stock market and Charting the stock market Wyckoff methods by Jack K Hutson

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