Bitcoin Wyckoff accumulation, 3 possible paths.

11 Jun 2018

Check the bubbles, leave a comment and thumb up if you liked the idea :)

11 Jun 2018

Nota

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6hr volume breakout with a tight candle is a good signal, but the LPS in this case is 6450, and thats below the trendline/triangle, not a good spot.

12 Jun 2018

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12 Jun 2018

Nota

It reached the LPS and with lots of sell volume, will look for a spring below 6k, remember that 6k is the previous volume stop
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12 Jun 2018

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13 Jun 2018

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long term trend tested + descending wedge, might bounce here, but im not sure if its gonna last.

13 Jun 2018

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zoomed out
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17 Jun 2018

Nota

btc failed and now is looking weak, capitulation soon
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18 Jun 2018

Nota

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18 Jun 2018

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s3.amazonaws.com/tradingview/snapshots/y/YRmt66Jk.png daily bear flag in progress

20 Jun 2018

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s3.amazonaws.com/tradingview/snapshots/0/0yRJCh7V.png ready to go 5.5-5.8k range

22 Jun 2018

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patience is key :), not buying here atm.
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24 Jun 2018

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we are getting very very close, prepare to buy and close your shorts!

25 Jun 2018

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to be classified as a spring it needs to bounce at 0.5 max 0.618 fib

9 Jul 2018

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we are ready for a pull back, possible new lows.
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16 Jul 2018

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spring retest succesfull
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target 1 is 8k

16 Jul 2018

Nota

this type of spring fits to our price action no.1 - Modest penetration of prior support by lighter volume compared to the volume of prior down moves. Indicates sellers are exhausted. No.1 Springs should be bought immediately.