Wyckoff Distribution Trading Range Idea, Bitcoin

15 Tem 2018

The market is showing no strenght whatsoever. The volume is absolutely disgusting on the past two days (published 2h before the daily close) and this looks very much like a continuation of the downtrend to me. Although the downward momentum is weakeing aswell, upward is even worse though. I expect a slow grind between 6800 and 5400 for the next weaks.