BTCUSD - Bitcoin reaccumulation schematic

2020年8月26日Bitcoin is following a similar Wyckoff reaccumulation pattern to the previous 82 day range it held from beginning May to near end July. This time it's doing it over a more compressed time frame, circa 40 days. Likely trade sideways until 4th/5th September before heading higher.

2020年8月31日

評論

2020年8月31日

評論

Looks like one more test down, before moving sideways and then up over the creek. Possible breakout 2nd week in September.

2020年9月1日

評論

Looks like the breakout may have started, crossing over the downward sloping resistance or creek. Watching very closely now to see where we finish on the 12 hour/one day.