Btc Is currently in a beautiful Wyckoff mark up setup with 2 Re accumulation Boxes. I am expecting to retest the highs very soon.
Beautiful Wyckoff accumulation between 40k and 40.5k in the last 7days , Spring test yesterday in the low 38.5k. We are now in the Phase D of Wyckoff accumulation schematic. small consolidation over 40.5k then i am expecting to see 41.5k hit.
Strong sellers at 40.5k Market is making Lower Highs meaning the downtrend is not over, I am expecting to see 39.5k very soon.
Currently in Phase C of Wyckoff Distribution. Short to about 40.5k Risk reward 1:1.5
Get your Long ready the accumulation phase has started, I am expecting to see BTC go up from here. Beautiful Wyckoff Accumulation Schematic
It seems to me like the market mover accumulation phase has not started yet which mean we are still in the Distribution phase Wyckoff .
We currently are in a Downtrend ( Wyckoff Distribution Mark down ) , The volume is so low there is currently no accumulation or sign of market maker buying, I am expecting a drop test to 41k very soon.
BTC SHORT Descending Triangle Currently in a Bear market, This is a Bear flag to my beautiful eyes. Risk reward 1:2
Here Comes Nothing lol Wyckoff method currently in Distribution phase , Short time baby