WhaleWatchersTrading

Wyckoff Accumulation spotted in CPC!

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WhaleWatchersTrading Обновлено   
BITTREX:CPCBTC   None
Hi,
I think this bottom resembles a typical Wyckoff distribution. We should spring from the new accumulation range.

Terms:
PS = Preliminary Support

SC= Selling Climax

AR= Automatic Rally

ST = Second Test

I believe the lack of volatility we've seen over the past week is caused by large buyers accumulating their positions for the next pump.

We should be in Phase D or the price increase part of the cycle:)

Комментарий:
Well that's our first break from the accumulation!!!! Should be new highs in the next week
Комментарий:
We've pulled back to a bottom. Big buyers started at the dashed line. I believe this will be defended.

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