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$BTC Update | Wyckoff Distribution Schematic #1 UTAD Entry

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$BYBIT:BTCUSD

Giving an update to my previous charts (which can be found here) where we were looking for a lower high after the initial spike of the UTAD. With the lower high confirmed it was followed by a 2nd lower high which would've been ideal of an entry however the next best place is a bounce from support which is $6710.

The chart here gives an example entry and target level. However of course this can be negated. We're only trading whats most probably not what is guaranteed. I shall be posting an alternative scenario too.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.