You can find explanation about wyckoff accumulation pattern on school.stockcharts.com or just google it DISCLAIMER This is NOT financial advice, do your on research and analysis
!!! NOT A FINANCIAL ADVICE !!! !!! IT IS JUST MY TECHNICAL ANALYSIS !!! DENT has just finished to draw wave 4, and is ready to go up for wave 5 at fib 1.618 Target: 0.020 Take profit: 0.0195 What do you think? Happy trading guys...
!!! NOT A FINANCIAL ADVICE !!! !!! ONLY A TECHNICAL ANALYSIS FROM MY POINT OF VIEW!!! Violet = Daily and Weekly Resistance/Support and Trend Blue = Hourly Resistance/Support and Trend * As we can see BTC is bouncing up and down in this channel since early January 2021 * BTC is right now on 2 support, the Weekly/Daily lower canal trendline, and the fib 0.618...
Both scenario are possible, even if I'm more bullish than bearish. LONG or SHORT, do not enter before breaking and retest of one of the grey triangle. NOT A FINANCIAL ADVICE, JUST SHARING MY ANALYSIS
NOT an financial advice, just my analysis All details on chart
!!! IMPORTANT !!! !!! THIS IS ONLY MY ANALYSIS AND NOT A TRADING ADVICE !!! !!! DO YOUR OWN TECHNICAL ANALYSIS BEFORE INVESTING IN A TRADE !!! We can see if we break the ATH our next stop is around 72.500 US$ at the end of March Entry: 4h candle close over 58.500 with good volume TP 1: 61.350 TP 2: 66.300 TP 3: 71.500 SL: 54.300