BItcoin - Wyckoff Accumulation In It's Final Stages!

2021年8月6日

2/4 Last Trades Posted (+200% ROI) (eth currently +226%)
Hello & Welcome Back To 420 Investments Today we will be taking a look at #Bitcoin

Time Frame Analysis - Daily (just had a bullish daily close)


Entry – Current Price Action
Stop – $37000
Target - $61,500
Leverage – 7 x
Risk to Reward – 5 to 1

About The Trade (Bullish Set up)

Where is support?
Currently we are looking for a flip of the range highs into support, now this is the final stage of the accumulation phase so shakeouts are expected in this area as it's the last point of supply being drained.
Where is resistance/ Target?
We are Targetting the top of the old trading range if we can reclaim the $44-45k Levels
Candle Stick Patterns?
Bullish daily close just occurred sweeping the lows of the 2 previous days.
Trend Pattern?
Wyckoff Accumulation Schematic #1 Phases & Events

Thanks for Following! Let me know Your Thoughts in the comments
#Bitcoin
#ETH
#CryptoCurrency

2021年8月6日

註釋

+38% ROI since called yesterday! let's go the bulls

2021年8月7日

註釋

Fantastic follow up on today's Daily close by the bulls!
Now we look for the reclaim of 45k usd before heading for further upside!