Bitcoin / TetherUS
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Bitcoin Wyckoff accumulation, 3 possible paths.

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Uwaga
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6hr volume breakout with a tight candle is a good signal, but the LPS in this case is 6450, and thats below the trendline/triangle, not a good spot.
Uwaga
It reached the LPS and with lots of sell volume, will look for a spring below 6k, remember that 6k is the previous volume stop
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Uwaga
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long term trend tested + descending wedge, might bounce here, but im not sure if its gonna last.
Uwaga
btc failed and now is looking weak, capitulation soon
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Uwaga
patience is key :), not buying here atm.
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Uwaga
we are getting very very close, prepare to buy and close your shorts!
Uwaga
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to be classified as a spring it needs to bounce at 0.5 max 0.618 fib
Uwaga
we are ready for a pull back, possible new lows.
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Uwaga
spring retest succesfull
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target 1 is 8k
Uwaga
this type of spring fits to our price action no.1 - Modest penetration of prior support by lighter volume compared to the volume of prior down moves. Indicates sellers are exhausted. No.1 Springs should be bought immediately.

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