Wyckoff on COIN
Updated
Red arrow - selling climax
Blue arrow - automatic retest
White arrow - spring
Green arrow - sign of strength
IMO this has been a wyckoff accumulation on COIN. Mark up phase is in coming. Invalidated if price breaks below SOS trading range. As disclousure, I have long dated calls into 2025.
Not financial advise.
Blue arrow - automatic retest
White arrow - spring
Green arrow - sign of strength
IMO this has been a wyckoff accumulation on COIN. Mark up phase is in coming. Invalidated if price breaks below SOS trading range. As disclousure, I have long dated calls into 2025.
Not financial advise.
Note
Breakout time!Note
Broke above the previous trading range high!Note
Price has almost doubledNote
Beautiful trade
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