TradingView
CryptoCheck-
May 5, 2023 4:19 PM

BTC : Phase E, According to WYCKOFFΒ Long

Bitcoin / TetherUSBinance

Description

β‹…
BINANCE:BTCUSDT

Hi Traders, Investors and Speculators of the Charts πŸ“ˆπŸ“‰

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.


The goal of looking at a chart from a Macro time frame perspective is to identify the current market phase / cycle. When we look at the BTCUSDT chart and overlay the Wyckoff Method Accumulation, it's clear that the price action is currently trading in Phase D, about to move to Phase E after the SOS. If you're looking for more details on Wyckoff Method Technicals, see here :




_______________________

πŸ“’Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities πŸ’ŽHit like & Follow πŸ‘



We thank you for your support !
CryptoCheck

Comment

β‹…
Price action as low as FWB:27K is still SOS
Comments
SwallowPremium
β‹…
Nice work keep it up!!
CryptoCheck-
β‹…
@SwallowPremium thanks Swallow
WalterMoon
β‹…
Great analysis as usual, I think it's correct idea :)
CryptoCheck-
β‹…
@WalterMoon thanks Walter
KABHI_FOREX_TRADING
β‹…
Good work, Thanks
CryptoCheck-
β‹…
@KABHI_FOREX_TRADING thanks buddy happy to hear
basictradingtv
β‹…
Excellent work Ev, thanks!
CryptoCheck-
β‹…
@basictradingtv thanks buddy
pejman_zwin
β‹…
That is a great post from a great trader. πŸ”₯πŸ”₯
CryptoCheck-
β‹…
@pejman_zwin thanks buddy appreciate it
More