I've added 50 & 200 day moving averages to my analysis to see where the death cross meets wyckoff schematics. Looks like they are about to create a perfect storm to the downside.
The death cross is widely popular these days, so it's hard to find buyers now for an upthrust. We also have a low volume, so it's up to the composite operator, whether or not he'll attempt for a false breakout and try to create FOMO. We'll find out in few days.
If this upthrust fails, we'll go down sooner.
Note that this schematics is just a guideline. we just need to understand the sequence and the nature of the events and recognize them on our price action.
Also remember, i can be wrong, so do your own research!
The death cross is widely popular these days, so it's hard to find buyers now for an upthrust. We also have a low volume, so it's up to the composite operator, whether or not he'll attempt for a false breakout and try to create FOMO. We'll find out in few days.
If this upthrust fails, we'll go down sooner.
Note that this schematics is just a guideline. we just need to understand the sequence and the nature of the events and recognize them on our price action.
Also remember, i can be wrong, so do your own research!
取消訂單
If you are following this pattern, i'd like to warn you that accumulation is likely to invalidate and it can turn in to redistribution. Checkout my newer analysis.Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
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Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
相關出版品
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。