Overview:
Spent a few hours studying recent BTC moves, trying to identify the "right lenses" to view the price action.
Incredibly enough, I found a fantastic Wyckoff schematic, that matches: Wyckoff Phase, Price Action, and Volume.
Nearly identical.
Analysis:
Here is the Wyckoff schematic, with matching phases, price action, and volume.
I did not have the chance to re-create it in TV, however, please use the following link for reference.
d.stockcharts.com/img/articles/2017/04/14924670427551148778781.png
Cheers!
Spent a few hours studying recent BTC moves, trying to identify the "right lenses" to view the price action.
Incredibly enough, I found a fantastic Wyckoff schematic, that matches: Wyckoff Phase, Price Action, and Volume.
Nearly identical.
Analysis:
Here is the Wyckoff schematic, with matching phases, price action, and volume.
I did not have the chance to re-create it in TV, however, please use the following link for reference.
d.stockcharts.com/img/articles/2017/04/14924670427551148778781.png
Cheers!
Note
Here is AAPL for comparison.
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.
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.