BTC - Wyckoff Test Idea Part 2
Four days after posting the first part of "learning" Wyckoff using BTC , We might see that hopefully, We are on our way or already in Phace C, where the Spring happens breaking the support area of the range which will scare the F out of people and they will contribute to the wave to reach the "End Of The Spring", an area where smart money and institutions have fun and buy at discount prices. This area is around 25k and we can notice that it was a support area for the last days of December 2020.
Also, I've drawn Fibo levels in a daily timeframe and by the time of writing this, the price is reaching Golden Pocket, and also being at the lower part of the range, where it can have a rebound. By the breakout of GP and lower part of the range means that there's a high probability that We will go down for a bit, a lot of blood, and a few days on red. Just hold on and try to be part of the smart money. How many days can last Phase C? maybe 1 week or 2? Meaning 15 days at least, and this is based also on the duration of Phase B which had around the same amount of days. I've drawn the beginning of Phase D around the 17~20 of June.
Also, I've drawn Fibo levels in a daily timeframe and by the time of writing this, the price is reaching Golden Pocket, and also being at the lower part of the range, where it can have a rebound. By the breakout of GP and lower part of the range means that there's a high probability that We will go down for a bit, a lot of blood, and a few days on red. Just hold on and try to be part of the smart money. How many days can last Phase C? maybe 1 week or 2? Meaning 15 days at least, and this is based also on the duration of Phase B which had around the same amount of days. I've drawn the beginning of Phase D around the 17~20 of June.
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