WyckoffMode

Don't Get Fooled by the Daily

WyckoffMode Updated   
POLONIEX:ETCBTC   Ethereum Classic / Bitcoin
7
The notes speak for themselves. This is a Weekly Chart. For those who may not know what that is; each candle is one week. I will work on the Daily for ETCBTC as soon as I post this update.

The Daily will explain why I gave this publishing this title.

Cheers,

ProwdClown
Comment:
Copying and pasting again as usual because the chart is scrunched up again in the initial publishing.

Comment:
The above chart is NOT the Daily. That is coming up.
Comment:
Comment:
I believe everyone can see there is a BIG difference between the Weekly and the Daily in terms of where one might think Preliminary Support is located. If one believes it is located where the yellow line is located, they are incorrect in my opinion. It's possible we could end up having a red accumulation line relocated to where the yellow line is currently because accumulation lines can change on the fly while accumulating. Especially, after shakeouts and/or throwbacks.
Comment:
We are still working our way towards our top of an Automatic Rally. Everything still looks good in the Weekly. This is the Daily just for a little more info of what's occurring each day to reflect our weekly candles.


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