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Wyckoff Distribution Schematic #1
Not the scenario I want but unfortunately, it really looks like BTC has entered Phase D of a Wyckoff Distribution.
If so, sadly, we are going to retest the $20,000...
Caption:
PSY: preliminary supply
BC: buying climax
AR: auto reaction
ST: secondary test
SOW: sign of weakness
UT: upthrust
UTAD: upthrust after distribution
LPSY: last point of supply
If so, sadly, we are going to retest the $20,000...
Caption:
PSY: preliminary supply
BC: buying climax
AR: auto reaction
ST: secondary test
SOW: sign of weakness
UT: upthrust
UTAD: upthrust after distribution
LPSY: last point of supply
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💻 Read the blog: day-trading-that-works.com
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📖 Read the book: "Day Trading That Works. For novices & advanced beginners. From $0 to $1,000,000 in 3 years."
💻 Read the blog: day-trading-that-works.com
💻 Read the blog: day-trading-that-works.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。