Zulu_Kilo

OPEN SHORTS ON BTC NOW...

Short
Zulu_Kilo Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Ok guys, top UTAD trading range is breaking down to SOW Phase D in Wyckoff distribution. We have two trading ranges that developed and now is the time to short this. We will see prices go below 46600... Likely at least a retest near 42k.
Comment:
Go ahead and stop loss for now. Need to recheck this.... Getting wild swing. I think it just needs to retest at around 48k - 50k before the larger move down.

This may have been the SOW in Phase B instead of Phase D before the fall.
Comment:
Quick update. Looks like we are just looking for that red major trendline. I don't think we will have a ton of movement above. Still expecting this to come back down.

Comment:


Confusius say "When Wyckoff chart no make sense, turn it on it's side."


NOW we make PERFECT sense.
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