vace117

vace117

BINANCE:BTCUSDT Wyckoff PnF (Point and Figure) chart calculation (1 box reversal, $400/box) for the previous Distribution that completed on Dec 3rd, provides drop target of -12000. This is almost EXACTLY how low the price dropped out of that Distribution. I'd say that pretty much exhausts the Cause built up in the previous Distribution, so I am assuming that...

vace117

BINANCE:BTCUSDT My analysis is based on the Wyckoff Method. Once I identified the current consolidation area as ACCUMULATION , I used a horizontal column count on Point and Figure (PnF) chart (box size = ATR) to calculate a projection of the up move that should result from Cause accumulated in this consolidation area. If you are familiar with Wyckoff...