Trassos

Wyckoff BTCUSD PART 3, the last crash?

Singkat
COINBASE:BTCUSD   Bitcoin
Wyckoff BTCUSD PART 2 ran smoothly. That confirmed we are not on a sharp correction and should expect truncation. As previously stated, we got oversold on 1D chart and got the failed swing with another leg down, but the squeezing of some longs did not happened. PART 3 is directional and try to elaborate on the last moves of the correction.

Everything seems bullish but bullish effort.
And this should tell a lot. Looking the volume you can perceive how the last green waves are weak and parabolic. Also, how the last 3 candles of the last move are shrinking.

Institutional investor did not used his most violent trick yet.
The campaign is played first by zigzagging market until exhaustion than 15~30% Whipsaw on one or two days to get even the most relentless out.

Penafian

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