75k BTC off of IHS and Wyckoff reaccumulation spring test.

1 kwi

The inverse head and shoulders has a possible date with psychological resistance of 75k based off it's measured move. Right now we appear to be in a Wyckoff reaccumulation with the bullish engulfing representing the spring. Highest volume in this channel was at the AR which was that high wick bear candle to the left of the channel. If this is a spring we would expect to see volume picking up which we have. Measured move on this channel is also approximately 75k. Long.