The accumulation is taking longer than what I first expected but, it is still forming a Wyckoff accumulation.
Instead of a schematic 2 formation it is now into a schematic 1 formation.
I see two scenarios: Spring could still be forming so first some more down before reversing, but as RSI was already oversold we possibly already have our spring and could be reversing shortly.
Chainlink price sets Chainlink / U. S. Dollar KRAKEN:LINKUSD vernbubbmarsubs Chainlink price has formed an Adam and Eve pattern, signaling a 30% rally. From the current position, LINK could surge by 40% to hit a […]
Possible upward movement.. BTC Perpetual Futures Contract BINANCE:BTCPERP bobs3 In the higher TF… BTC made double bottoms and broke the 4H trendline to the upside. Price is still under the 200EMA so i wouldn’t call […]
terra BTC buys Bitcoin / U.S. dollar BITSTAMP:BTCUSD hootie617 I lined up terra’s btc buys since the beginning of the year. Over the last week they have bought 18k BTC (~$800m usd) worth. More dry […]