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Dijonn
Jun 13, 2018 11:06 PM

Wyckof Accumulation Schematic?  

Bitcoin / U. S. DollarKraken

Description

My last chart was a complete disaster.
Even though I pinpointed where the last dip should stop, the bounce was disappointing.
Now, this looks like a classic Wyckoff Acc. Schematic, the only difference I see is the "Creek" not going all the way to the resistance levels.
If it does happen, we should expect a spring any time soon, with an increase in volume and an abrupt pump.

We shall see.

https://cmtassociation.org/wp-content/uploads/2015/11/WyckoffFig66.jpg
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