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Accumulation phase of BTC 8/16
BTCUSDTPERP PERPETUAL MIX CONTRACT
Accumulation phase of BTC 8/16
By jaesun90
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Updated
Aug 16, 2022
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Aug 15, 2022
making a wild guess that the BTC is currently on accumulation phase after a sellout.
resistance at .886 and support at 1.236
Aug 16, 2022
Note
Spring set around 23.8 k mark, still observing whether the price will follow to hit the SOS mark around 24.3 k
Aug 16, 2022
Note
Set a brief long position at 24.1 k @ SL at 23.5 k
Aug 16, 2022
Note
seems like another spring has been set, need further confirmation whether it can break the upper AR line
Trend Analysis
wyckoff
wyckoffaccumulation
jaesun90
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