BTCUSD - Accumulation
Bitcoin dropped below $30000
Looks like a Wyckoff Accumulation - spring: $28888 | support zone: $30-33000 | resistance zone $38500-41000 | target $47-50000
On CME Futures we have a GAP near $50000.
Unusual Exchange Outflows after this bounce on EMA1000 (12h): 7,336 BTC ($215,394,369)
s3.tradingview.com/snapshots/b/b9ku1Rol.png
Looks like a Wyckoff Accumulation - spring: $28888 | support zone: $30-33000 | resistance zone $38500-41000 | target $47-50000
On CME Futures we have a GAP near $50000.
Unusual Exchange Outflows after this bounce on EMA1000 (12h): 7,336 BTC ($215,394,369)
s3.tradingview.com/snapshots/b/b9ku1Rol.png
Note
update. s3.tradingview.com/snapshots/k/KWKT87Ag.png
Note
target doneTrade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.