Rezakov

Rezakov

The Good: $430k is in slight 🚀 The Bad: $7-$9k will come first ⚡ The Ugly: it'll take 4 years to reach the top, 3 years of which in a bear market. 🐻 Despite the high volume in the recent weeks BTC was unable to push through $25 200 or hold the $23 800 resistance that flipped support for a short while! This is very significant and paints a grim picture,...

Rezakov Updated 

BTC appears to be in the middle of Phase D, and more specifically experiencing backup action before a pump. This is usually a good point to go long if you missed the lower levels. Not financial advice, DYOR.

Rezakov Updated 

It looks like the price has been comfortably hovering in the resistance pocked of $710 and $780 with no signs of slowing down. I believe we're in Phase D of the Wyckoff Accumulation Schematic #2, getting ready to break out of the trading range.

Rezakov Updated 

Confirming my long position here and waiting for a backup before I add more to my Tesla positions. As expected price broke out of the resistance channel defined by the AR and the HH points printing SOS and LPS /BU in Phase D before the final markup in Phase E. Low volume and climbing price show that the institutions have taken hold of the price and are not selling...

Rezakov Updated 

We might have just one more opportunity to dispose of longs in the next few days before BTC takes the downward direction.

Rezakov Updated 

So far the second Wycoff accumulation has been 1:1 copy paste from the first one right afrer the big Wycoff distribution that pushed the BTC price to $64K. If the trend continues, we'll see a dip to $30k followed by a near immediate bounce.