BTCUSD:COINBASE Patiently Waiting for the Z'ed
Most of the continued correction models for BTC on every exchange have been difficult to produce trading scenarios. It's been quiet obvious that the market makers have been selling with difficulty since the ATH. Simply viewing the volume indicators with the consolidation levels now reveals where they've been having difficulty in Selling. We need to remember that for every Sell their's a Buy. The revisiting of each of these levels will tell the Professional Trader that price is likely to revisit the levels where the volume for these 'Sells' didn't achieve the 'Buy' volumes to allow the price to continue down to complete their program. Smart traders remain in cash and will stay on the sidelines until the Z is achieved in this WXYXZ Double Correction.
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