STEPN / TetherLong
GMT-LONG-Wyckoff Pattern
Updated
Wyckoff Accumulation Phase
The Spring:
This phase is familiar in crypto, especially with altcoins that have bottomed out. It involves a sudden hard test of the low, misleading participants into believing the downward trend is resuming. This is essentially a shakeout or a “swing failure pattern.” It is not always required, but if it occurs, the price should quickly reclaim the prior structural level lost.
The Spring:
This phase is familiar in crypto, especially with altcoins that have bottomed out. It involves a sudden hard test of the low, misleading participants into believing the downward trend is resuming. This is essentially a shakeout or a “swing failure pattern.” It is not always required, but if it occurs, the price should quickly reclaim the prior structural level lost.
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Trade active
maybe Manipulation cycle :
The “Oopsies!”
Apart from our standard base breakout setup, this is a close contender to our favorite setup.
The best retests are the ones that undercut those prior lows and quickly recover back above it. Some of the greatest moves of an all-time high were sparked by exactly that.
Note
Trade active : Wyckoff Pattern
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