Is this beggining of new Wykoff accumulation?

BTC/USD COINBASE:BTCUSD

aljazdrolc

The Wyckoff accumulation phase is a sideways and range bound period that occurs after a prolonged downtrend. This is the area where larger players try to build positions. There are six distinct parts of the wyckoff accumulation phase, all with an important function: the “Preliminary Support”, the “Selling Climax”.

You might be interested in …

Trading View April 3, 2022

TERRA LUNA USD ANALYSIS

TERRA LUNA USD ANALYSIS Luna / TetherUS BINANCE:LUNAUSDT SMART_MONEY_MARK Terra Luna is performing pretty well. We overcame the double high and we are heading higher. It is always hard to predict the new high when […]

Trading View March 28, 2022

BTC REACHING FOR THE STARS 💫✨

BTC REACHING FOR THE STARS 💫✨ Bitcoin / TetherUS BINANCE:BTCUSDT mogues Greetings, As we said last week, Bitcoin would track sideways and then move up finding its new range. Which is exactly what has happened. […]

Trading View May 8, 2022

Bitcoin short time

Bitcoin short time Bitcoin / TetherUS BINANCE:BTCUSDT Oniana Check my previous post. Luna (Terra) keep buying $7B of bitcoin in cash for UST stablecoin, so Bitcoin still dump and dump. There is no bullish signal […]