Bitcoin (BTCUSD), 4-Hour, A rebound?

21 באוג׳ 2022

I think the price will rebound towards the nearest supply zone.
Why? Because we have:
- a successful demand zone rebound
- a double bottom
- a bullish price-RSI divergence
- and high volume. 
And it is all that I wanted to pass on to you. Look at the chart!

21 באוג׳ 2022

הערה

Why Heikin Ashi candles?
Because, they:
- give a better identification of a trend
- are more transparent
- give a better conformation.

23 באוג׳ 2022

הערה

I think there is a B or C phase of Wyckoff accumulation scheme. I will consider it and I will let you know if I see a clear LPS, an uptrend commencing.

23 באוג׳ 2022

הערה

I made a new idea about Wyckoff pattern. It is a nice confirmation of this scenario.