Cause and effect the cornerstone of Wyckoff methodology. Time to get physical, Isaac Newton famously once said ‘For every action, there is an equal and opposite reaction’. With that in mind, let's use it analyse the previous cycles on BTC…
Aprils accumulation (cause) and markup phase (effect). Accumulation lasted 13days and markup lasted an equal amount of time. NOTE: dropping volume on markup
Mays distribution (cause) and markup phase (effect). Distribution lasted 26days and markdown lasted 23days. :thonking
June/Julys accumulation (cause) lasted 34days. Markup is yet to be defined but based on these findings I think there's a strong chance that this markup cycle lasts a similar amount of time. NOTE: Expanding volume on markup
Obviously, this is highly speculative but most definitely worth keeping in mind when calling distribution, the top or have weak shakey childs like hands. :thonking
Twitter feed here -> twitter.com/gonebroke_/status/1022422773069737984
Aprils accumulation (cause) and markup phase (effect). Accumulation lasted 13days and markup lasted an equal amount of time. NOTE: dropping volume on markup
Mays distribution (cause) and markup phase (effect). Distribution lasted 26days and markdown lasted 23days. :thonking
June/Julys accumulation (cause) lasted 34days. Markup is yet to be defined but based on these findings I think there's a strong chance that this markup cycle lasts a similar amount of time. NOTE: Expanding volume on markup
Obviously, this is highly speculative but most definitely worth keeping in mind when calling distribution, the top or have weak shakey childs like hands. :thonking
Twitter feed here -> twitter.com/gonebroke_/status/1022422773069737984
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.