robbiegrass
Long

KEY Wyckoff accumulation schematic #2

BINANCE:KEYBTC   Selfkey / Bitcoin
Maybe going for the long stops just beneath previous low and create a spring from there.
Target is first resistance line

Chart is self-explanatory and follows accumulation schematic 2 of the wyckoff method. See link below for info about Wyckoff
https://stockcharts.com/articles/wyckoff...
Comment: altho trendlines aren't very reliable, they can be used to indicate possible upcomming momentum switches. This trendline is now broken, however with lack of volume
Comment: KEY has made the ST in phase B and is now making an ascending triangle on the 4h chart. 14/200 EMA are about to cross bullish which indicates that a momentum shift may be comming.
nice chart :) liked & followed
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