mycotoxin

BTC - This Just does not look right to me - BullTrap

mycotoxin Atualizado   
BITSTAMP:BTCUSD   Bitcoin
This current move up seems off to me and this setup must be a Bulltrap - Why ? because there is a test missing to retest the ST as SOW ( secondary test as a sign of weakness) . The market makers normally retest the ( ST as SOW) area or close to it before pushing price higher .

What im expecting to see is price moves lower towards "Phase C "with a minimum move lower to 18k or below the ST as SOW around 12k to 9k and form a spring upwards.
Comentário:
Ofcourse I could be incorrect and BTC shoots off to 30K instead.... But from what I understand from they Wyckoff theory there has to be a move down to retest the "ST as a SOW" and this is what I'm expecting to see.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.