BTC Wyckoff Accumulation Spring and Test. Phase D about to begin
Huge accumulation during a consolidating market on BTC since the impulsive sell off caused by liquidation of over leveraged positions. Huge Bearish wick to downside was a last effort push to the downside to liquidate Longs under previous lows (grab liquidity) before a continuation higher.
Phase D is about to begin
See Chart:
school.stockcharts.com/lib/exe/fetch.php?media=market_analysis:the_wyckoff_method:wyckoffaccumulation.png
Phase D is about to begin
See Chart:
school.stockcharts.com/lib/exe/fetch.php?media=market_analysis:the_wyckoff_method:wyckoffaccumulation.png
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