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marketmusician

Wyckoff Distribution Schematic for BTC (High Probability Setup)

Short
Bitcoin (COINBASE:BTCUSD)  
marketmusician  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns BTCUSD BTC Bitcoin (Cryptocurrency) bitcoinforecast
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trendanalysis harmonicpatterns chartpattern btcusd btc bitcoin bitcoinforecast
Based on PA only,

The BTC/USD pair is currently forming a classic Wyckoff Distribution (Top Formation). This setup may indicate a short term top & trend reversal.

Furthermore, RSI hinting at bear divs on 1,2,3,4 hour timeframes.

Not financial advice ;)
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