dustinn1404

BITCOIN!! Wyckoff Distribution to $44k?

BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Can see a Wyckoff Distribution pattern forming on the 1HR chart, If price break down support on phase D, BTC price can go down from here to 2 Demand zone (GREY AREA)
1st area 45k,
2nd area 43k,
Potential Short term short set up but we need confirmation from phase D to go forward with phase E.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.