WyckoffMode

Comparing VOLUME in 2015 to VOLUME in Present Day

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
The purpose of this publication is to point out differences in volume in present day compared to 2015 as the price action progresses through a Wyckoff Accumulation Schematic. I did not get into a lot of detail. I only delved into the details worth pointing out in regards to some thinking we must see a serious capitulation event with high volume before we see "recovery." I prefer not to phrase it that way. I prefer to look at things the way Wyckoff would and compare what occurred in the volume during each EVENT that occurred in each Phase of a Wyckoff Accumulation Schematic. You will see what I mean if you were to watch the 10 minute video.
Comment:
3h and 6h TF's are showing a decent chance of us potentially coming down to my 0.236 FIB at $3,287.


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.