Trying to apply Wyckoff Accumulation theory to the BTCUSD range.
So far, everything fits perfectly.
So far, everything fits perfectly.
Comment:
Still waiting for a retest of 4250$
Comment:
We are now in the corrective wave 4. There is still one last wave to come that should push us in the 4200-4400 range.
Comment:
Come on get there playa
Comment:
So far so strong.
I'm removing my limit sells from the 4200-4400 range.
Let's reevaluate when we get there and probably send some target north up to 5200$.
I'm removing my limit sells from the 4200-4400 range.
Let's reevaluate when we get there and probably send some target north up to 5200$.
Comment:
Change of mind, let's not get greedy here.
I'm taking half my profit
I'm taking half my profit
Comment:
Glad I did.
Looks like the wyckoff accumulation is still in play.
If we follow the plan, next stop should be the spring at around 2800-2900$
Looks like the wyckoff accumulation is still in play.
If we follow the plan, next stop should be the spring at around 2800-2900$
Comment:
Sold the last 50%.
Comment:
When the meme inverse H&S that everybody is trading gets invalidated, this will plunge to support. Support won't hold and we will see a panic sell right into the spring.
Buying range: 2675$-2835$
Buying range: 2675$-2835$
Comment:
Don't fall for this pump. 3900$ is probably the max before the break down.
This makes for a nice cool off of the 4hr and 2hr time frame before the next leg down.
This makes for a nice cool off of the 4hr and 2hr time frame before the next leg down.
Comment:
We may have something here.
Possible retest of the 4200$ area.
Possible retest of the 4200$ area.
Comment:
I take that back.
We are probably deep in the creek. Slow grind down before a violent push down to the spring.
This is gonna fizzle
We are probably deep in the creek. Slow grind down before a violent push down to the spring.
This is gonna fizzle
Trade closed manually:
This is not going to play out.