TommySantosCrypto

TommySantosCrypto

Bitcoin dipped this morning into my projected "Spring" territory. Check out that Hammer candle and the volume to that proceeded that dip. Everything is signaling a reversal now, but this market is manipulated. What do you think happens next? Did it fail the Spring with such high volume?

TommySantosCrypto

Updating my previous chart. Falling Wedge pattern made up by the Accumulation phase. If we use those trend lines as guides, we might get a peak at what the Spring might look like. A Wyckoff expert can educate us on on that on here hopefully. BTC just tested the Selling Climax (SC) support line. That would be the 3rd time it's tested that support line. Maybe 1...

TommySantosCrypto

I've been debating whether the first dip was a Secondary Test or the Spring, but as it's played out, if this ends up being a Wyckoff Accumulation pattern, that ends up being a test. What do you think?