rabbidfly

rabbidfly Updated 

Humans tend to see patterns when they look for them hard enough, so please take this with a grain of salt. I see a bit of Wyckoff behaviour forming here on the 4H BTC chart over the last few weeks. The key elements of an accumulation pattern seem to be in place. 1. PS was established after strong price momentum downward on higher volume. 2. An SC was established...

rabbidfly Updated 

Big hammer bars on vpvr preventing btc from ascending beyond 7460. On the hourly chart it was a long imperial engulfing candle with a distinctly negative bias. Was it enough to stem the recent tide from the same overthrow a few days ago at 7050? Only Complex Adaptive processes will tell (CAS). The fractal nature to this market activity is demonstrating that the...