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
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
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out