SMTMi

BTCUSD - Wycloff accumulation pattern - Where are we ?

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD - Wycloff accumulation pattern. Do you see the similarity between the current behavior of the BTCUSD and the Wycloff Cycle ?
As par Wycloff cycle, before exiting the accumulation pattern, there will be a Sign Of Strength or SOS, which serves as confirmation that the price is likely to keep moving up.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.