BTC Market Cap Dominance - Wycoff Acc. Entering Phase D?
Hey all, take a look, let me know what you think. In my opinion, it looks like like were heading for ATH and beyond in the near future, as most of us do. This i think confirms it for me.
We're just coming off being oversold for quite some time and it seems like a Wycoff Accumulation is coming out of Phase C and into Phase D where price can get explosive. Might play out over some time as we build this last point of support and then show our sign of strength back up.
I think a strong confirmation of this trend would be the money flow going positive (green) and a close on the daily above SC and then again above the Automatic Rally (AR) . Definitely a longer term trend but I think those are most reliable.
Another Wycoff post but i feel thats all I see right now, heh.
Appreciate the feedback from my last post!
Please share your thoughts and provide as much feedback for me to learn from as possible. I greatly appreciate it!
BIG
We're just coming off being oversold for quite some time and it seems like a Wycoff Accumulation is coming out of Phase C and into Phase D where price can get explosive. Might play out over some time as we build this last point of support and then show our sign of strength back up.
I think a strong confirmation of this trend would be the money flow going positive (green) and a close on the daily above SC and then again above the Automatic Rally (AR) . Definitely a longer term trend but I think those are most reliable.
Another Wycoff post but i feel thats all I see right now, heh.
Appreciate the feedback from my last post!
Please share your thoughts and provide as much feedback for me to learn from as possible. I greatly appreciate it!
BIG
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