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ChartCinema

Bitcoin in Wyckoff Distribution 😱

Short
Bitcoin (BITSTAMP:BTCUSD)  
ChartCinema Updated   
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Supply and Demand Volume bitcoinshort wyckoff wyckoffdistribution
15
10
supportandresistance supplyanddemand volumestudies bitcoinshort wyckoff wyckoffdistribution
Bitcoin in a Wyckoff Distribution for the last 16 days

Supply may begin to dominate

🔴 Short-term pullback coming into the weekend.
🔴 On Balance Volume confirms weakness
⭐ Macro bull market, I would buy the dip!
Trade closed: stop reached:
🚨 Trade is invalidated.
⭐ Price moved above previous Last Point of Supply.
⭐ On Balance Volume seeks to regain uptrend!
Comment:
Comment:
🚨 In case anyone missed it, trade was closed yesterday.
Wyckoff Distribution was invalidated by price and bullish volume!

snapshot
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