BizzarTrading

Wyckoff distribution?

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INDEX:BTCUSD   Bitcoin
Hello cryptofolks
This idea is based on Wyckoff distribution scheme with some imprecisions as you can see, by the way in case it's plays out we can expect to see a similar scheme as previous bullrun with 3 tops.
We have to be actually in phase B and in C phase our UT (upthrust)would be around $72k.
But attention, sometimes there are no sufficient demand in a distribution TR and the price can't reach the level of the initial ST or previous BC,in this the test of demand in C phase would be a lower high within the TR.

These scheme will get invalidated if we lose $56k support

Goodluck

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