BCH/USDT Wyckoff Accumulation:
✅ Phase A & B sideways move lasted for about 1 month, with multiple retests of support.
✅ Phase C retest springs a directional move to the upside.
✅ Phase D awaiting break off structure with push to the upside
❌ Phase E
Additional Indicator Analysis:
- RSI shows that we are entering oversold territory. If momentum remains, look at...
This analysis is meant to illustrate the accumulation post the August 18th selling climax and automatic rally establishing support and resistance zones.
Wyckoff Re-Accumulation:
- Phase A & B sideways move lasted for about 13 days, with one retest of support.
- Phase C retest springs followed with sideways movement and a test and kickstart of a trend reversal.
-...
This analysis is meant to illustrate the accumulation post the May 23th selling climax and automatic rally establishing support and resistance zones.
Wyckoff Accumulation:
- Phase A & B sideways move lasted for about 1 month, with multiple retests of support.
- Phase C retest springs a directional move to the upside.
- Phase D sign of strength with push beyond...
