It looks to me as if Bitcoin Cash has been following a perfect wyckoff accumulation schematic.
I am unsure if we have yet seen the Spring, or whether the recent long wick on June 10th was enough?
I would suggest we follow Path 1 or Path 2 as marked on the chart if we see the final phases of this accumulation.
This pattern would be invalidated if we see a loss of the support level at $87.17.
I am unsure if we have yet seen the Spring, or whether the recent long wick on June 10th was enough?
I would suggest we follow Path 1 or Path 2 as marked on the chart if we see the final phases of this accumulation.
This pattern would be invalidated if we see a loss of the support level at $87.17.