BTC (Y22.P3.E2) Wyckoff alignment, The decider.
Mis à jour
Hi All,
Just sharing some knowledge about this current structure.
This lines up perfect with the wyckoff accumulation and re-accumulation structures.
One is a reversal and the other is a continuation formation.
At this point, we cannot know.
Hence why this is the difficult stage. for BTC.
Double top or 618 rejection area (pretty much the same as Dtop).
Note the neckline is critical level to get out.
If we lose this, we are headed to 15k
What is next?
Next week will determine the whole market direction with the likes of tech companies reporting profits\losses and the QE FED CPI meet.
2 targets based on how you apply the fibonacci and one equates to double top.
The other, 25k as the next target.
All the best,
S.SAri
Just sharing some knowledge about this current structure.
This lines up perfect with the wyckoff accumulation and re-accumulation structures.
One is a reversal and the other is a continuation formation.
At this point, we cannot know.
Hence why this is the difficult stage. for BTC.
Double top or 618 rejection area (pretty much the same as Dtop).
Note the neckline is critical level to get out.
If we lose this, we are headed to 15k
What is next?
Next week will determine the whole market direction with the likes of tech companies reporting profits\losses and the QE FED CPI meet.
2 targets based on how you apply the fibonacci and one equates to double top.
The other, 25k as the next target.
All the best,
S.SAri
Note
Transaction en cours
Note
Trade fermée: cible de profit atteinte
in our Telegram group, I did change my mind about the potential support at the 618 fib level, which worked out well for a bullish bounce,Still below the resistance TL
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.