Bitcoin Wyckoff Distribution.
PSY — preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching.
BC — buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a...
The Golden Pocket the area in between the 0.65 and 0.618 Fibonacci retracement.
Notice how the 0.618 is related to the Golden Ratio.
The price very often declines to Golden Pocket level and bounces heavily off this area, which is why the Golden Pocket is a very popular entry-level if you assume bullishness.
The Golden Pocket level is the area where the price most...
PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end.
SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed...
A ha-ha is a recessed landscape design element that creates a vertical barrier while preserving an uninterrupted view of the landscape beyond. The design includes a turfed incline that slopes downward to a sharply vertical face.