Wyckoff Redistribution Phase - BTC/USD Technical Analysis

Words
59
Reading
1 min
Listen
Play
9y

Follow CoinCaviar on Instagram: https://www.instagram.com/coincaviar/

Failed retest to break resistance signified what is known as the redistribution phase, Wyckoff Schematic #1. We have finished the UTAD phase, now entering back into the trading range towards LPSY also known as last point of supply. Look out for a retest of our SOW, sign of weakness.

WYCKOFF-jeff.png

crypto2jpng.png

We are in for a bumpy ride!

Wyckoff Redistribution Phase - BTC/USD Technical Analysis | Ecency