Technical analysis by puttoAZ about Symbol BTC on 3/11/2022
https://sahmeto.com/message/3309345
puttoAZ
Rank: 23025
Analytical Power:
1.4

If we look the weekly BTC chart, we can discover an other Wyckoff pattern. This is the distribution pattern. I feel this pattern perfect continuation of the previous analysis : And I think if we look the montlhy chart....: So I think we go to ~54k, and then down to ~20-25k.So... that's nice, almost made it :).. the continue is may be an accumulation pattern, but it will take a long time.Just for myself.. on halfwayResistance : PSY leg & AR peak Support : spring leg & SC leg Next step : go testing support again ~19,5-20,5k, if we lucky, the test success at 21,5k, but I don't think so. And spring confirmed by volume, I think the bottom is in ( if the next test is success! )
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Signal Type: Neutral
Time Frame:
1 weekPrice at Publish Time:
$38,807.42