BTC possible Wyckoff Creek into Spring
Updated
Personally I have been favouring lower prices and retest of 28K
This set up mid downtrend is not my favourite scenario but it is getting a little hard to ignore now
Can see a few days of volatility decreasing and supply exhausting. Hate to admit it but there are conditions for a spring action here
Not being the bottom saint but this could very well be the new low and perhaps bouncing on an apex style formation on higher timeframes (See last idea)
Risk management must be applied well as always but the set up is too good to miss.
Pay to play! If this fails then we look to lower prices...
This set up mid downtrend is not my favourite scenario but it is getting a little hard to ignore now
Can see a few days of volatility decreasing and supply exhausting. Hate to admit it but there are conditions for a spring action here
Not being the bottom saint but this could very well be the new low and perhaps bouncing on an apex style formation on higher timeframes (See last idea)
Risk management must be applied well as always but the set up is too good to miss.
Pay to play! If this fails then we look to lower prices...
Note
This is now invalid for me.Too much supply over head, CO selling into ay strength BTC can find
RISK OFF...
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