Wyckoff Distribution Schematic for BTC (High Probability Setup)
Based on PA only,
The BTC/USD pair is currently forming a classic Wyckoff Distribution (Top Formation). This setup may indicate a short term top & trend reversal.
Furthermore, RSI hinting at bear divs on 1,2,3,4 hour timeframes.
Not financial advice ;)
The BTC/USD pair is currently forming a classic Wyckoff Distribution (Top Formation). This setup may indicate a short term top & trend reversal.
Furthermore, RSI hinting at bear divs on 1,2,3,4 hour timeframes.
Not financial advice ;)