@SPYvsGME, Does it mean that this increase has invalidated the SOW phase B?
SPYvsGME
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@VIDAL01MX, If you look at the Wyckoff Distribution pattern on a flat timeline Yes, BUT, if you look at the pattern inside the regression trend channel shown in this chart then you could argue the ST (should be below BC) and SOW are valid. At the end of the day, it's just a pattern. MOEX still has not opened, Assets are being frozen on both sides of the conflict, counter party risk (think Lehman Brothers) remains a possibility.
Honestcowboy
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Great top down view of current Bitcoin environment. Made me remember the fact that we are sitting in bottom territory on BTC and I should focus on finding buy patterns instead of sell patterns in this environment. The information about how the situation in Russia impacts BTC was also an eye opener, I do not research fundamentals enough.
sonicthehedgefundmanager
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it's going to be a very interesting year to trade!
UnknownUnicorn6004010
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Lets see if it will break the current resistance
Sinex
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May chart speculated correctly that this was just another sell opportunity, 7 votes compared to your thousands of upvotes. I guess people don’t want money nor to be correct they just want to see what they want to see. Chart after chart, correct after correct call; nobody cares, they just rather be wrong. I wish you all good luck. Stay open to different opinions.