=>After the big fall into sub 6k level,first time bitcoin is showing us some positive volume feedback.
=>Volume follows the price unlike the other times it tested 4000-4200 resistance.
=>We are probably at the latter stage of Wyckoff accumulation.
Target1:4700 1 Month
Target2:5200 1-3 Months
=>Volume follows the price unlike the other times it tested 4000-4200 resistance.
=>We are probably at the latter stage of Wyckoff accumulation.
Target1:4700 1 Month
Target2:5200 1-3 Months
Note
T1 reachedNote
T2 reached Trade Closed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.