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BarrenWaffe

BTC vs S&P500 - Accumulation Study

Long
S&P 500 Index (SP:SPX)  
BarrenWaffe Updated   
SP:SPX   S&P 500 Index
Trend Analysis Supply and Demand Parallel Channel BTCUSD wyckoffmethod
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trendanalysis supplyanddemand parallelchannel btcusd wyckoffmethod
For my personal use only... no investment advice
Comment:
After upwards momentum died, BTC fell off the channel and is now finding support at main TL. My thoughts right now:
snapshot
Comment:
Initial LPS seemed too weak regarding volume profile and retracement. way to slow decline to be a sort of a shakeout. This dump looks more like it. As long as 7k isnt broken I remain bullish for a potential 8400-ish target. If we leave the trading range I will start to switch to bear mode and build a short position.
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