This morning I accidentally pull up the chart of ADT/BTC on bittrex. Accidently cause I clicked on a pairing to get to my balance, if you know Coinigy you know there is strange ways to get you where you want. The chart appears and by the time my brain realizes I was already somewhere else on my web browser. So I did a few steps back cause what I have seen in the glimpse of an eye was looking good.
In the sequence, we could see a ''Jump across the creek'' around 530-540 Satoshi +20% up, then a ''Back to the creek'' on a low volume ranging around 490-510 Satoshi -10%. If it holds there it would be a clear EW 1-2 ready for take off on the 3nd.
A high volume shake out on the ''back to the creek'' sequence could make the price fall into the creek. I doubt this morning was the primary test, looks more like a spring to me.
If you are familiar with the Wyckoff method, feel free to comment and discuss about this set-up. If you have other technical analysis technique that can correlate or dismantle my thought, go ahead and we'll discuss
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