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BTCUSD : Wyckoff Distribution
Bitcoin
BTCUSD : Wyckoff Distribution
By MatthiasVC
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Updated
May 17, 2021
1
May 15, 2021
BTC Bearish scenario. Pretty similar w/ wyckoff Distribution Schematic.
Forming rising wedge n breakdown + confirmation rejection on it.
BTC fails to break the resistance at 58k at last point of supply , according to Wyckoff distribution and falls to zone around 42k. BTCUSD
May 17, 2021
Note
35% correction since ATH 64.8k
Took a long posistion at 42K.
Chart Patterns
Fundamental Analysis
Technical Indicators
wyckoffdistribution
MatthiasVC
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