Litecoin's Sign of Strength is Near - Buy (Wyckoff Idea)

10 thg 9, 2020

The 30 Min Litcoin Chart from the previous fall looks very similar to a Wyckoff Accumulation Schematic. These Schematics Can be found on any time frame. I have marked every point that you would see in a Wyckoff chart. We're jjust waiting on the sign of strength to "jump across the creek" Maybe have a little shake out before the distribution continues. We're at discount prices, the volume continues to gte lower and lower. Find a dip and go long. Any Wyckoffian's out there have any input?LTCUSD

11 thg 9, 2020

Ghi chú

Similar draw up. But it looks like with the latest dip, it mitigated a sell to buy candle. Also marked the lowest point of support that it is possible to go. Still in Phase C and Smart Money is all over the place in this one. You can spot the Change of Character candles (or "FU Candles" as we sometimes call them) However, look for liquidity to be taken out above with a sharp decline to take out more liquidity before jumping across the creek.