Crypto - Uniswap Wyckoff Accumulation - Get Long
I see a Wyckoff accumulation where the spring has just formed. It takes out the previous low in a swing failure pattern. When the peeps that were stopped out fomo back in we run up quickly. There is also a spinning top reversal on the spring supporting the Wyckoff theory. Love complimentary signals. For higher probability trade wait for SOS to form.
Volume is low on the selling that created the spring.
RSI is higher on the new low showing a bullish divergence.
Stochastic is low showing that the selling is ending and we are ready to bounce.
Price = 5.42
Target 1 = 6.50
Stop Loss: 4.95
Volume is low on the selling that created the spring.
RSI is higher on the new low showing a bullish divergence.
Stochastic is low showing that the selling is ending and we are ready to bounce.
Price = 5.42
Target 1 = 6.50
Stop Loss: 4.95