We are about to complete the distribution after bouncing from 55.600. This is the micro version of the bigger distribution i shared in my previous posts. Curently UTAD in the making. I expect a dump towards 58.300 where the stopping action will occur with a bounce followed by second dip at 57.900 (point of control) of distribution range.
Do you think we are entering a redistribuition phase or will come a accumulation phase next? I think ppl will fomo in the planb "prediction" so will start to go up in next few days. I'm looking for some nexts caddle to "say" where we are heading.
BitcoinMillio18
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@brabuh, i think this bounce will be the final before the big rug pull. I'm exiting on this bounce.
sks99315
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so we are not more waiting 52.800 ?
Apk2k5
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Hey thanks for posting. How are you projecting on these distributions? Just curious.
BitcoinMillio18
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@Apk2k5, i study wyckoff schematics. They are not patterns but schemas that you can recognise.
Apk2k5
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Thanks for your response! I study volume and Ive also been reading up on Wyckoff accumulation/distribution as well ( the two are so closely related!) Just asking on the projection because I’ve noticed your most recent had a “buy” projection and was wondering the basis (as your distribution analysis aligned with my volume analysis but I didn’t have a projection)
Thanks again and happy holidays.
CrowDance
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Pretty spot on with these distribution calls. Do you still think it goes down to the 52-53K range or 55.5 was bottom