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Wyckoff Accumulation BTC 4H Chart
As suggested yesterday, the price has rallied up to the "SOS" sign of strength stage in the wyckoff accumulation and is now retracing backwards. As per my predictions yesterday, I think the "AR" resistance level as highlighted on my chart will act as the level of support before moving in to "Phase E" of the Wyckoff accumulation.
Phase E will be expected to break above the trading range and have higher lows which remain above the resistance levels and will be the start of the uptrend I'm expecting.
Phase E will be expected to break above the trading range and have higher lows which remain above the resistance levels and will be the start of the uptrend I'm expecting.
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