Everything was going fine, but so much supply was too unexpected, and the absorption of supply by the Composite operators is yet to occur, I expect there will be a slow , low "Creek" which will be engineered to test the supply levels in the bottom of the trading range, it can be the immediate previous low test as i have marked, or low of the Secondary test or even the Selling Climax low...
Will be interesting to note the supply volumes there on this expected dip...
The lesser the better, and the faster will be the phase C and D transition from Current Phase B of Accumulation, to the Ultimate MArkup..
Disclaimer.. Not an investing/trading recommendation
Btc is a different beast after all....
Now the point is to find out, if this is a true mark up potential move? of a sos, to test a BUEC?
I want to see the sc,ar,se... on crmd chart plz
See daily chart.
What you think?