Buy back the 75% position in Bitcoin that we got stopped out of at $7,920 which was breakeven. Buy back at the market with current price of $7,490

Todd Butterfield Blog, Model Bitcoin Portfolio, Trade Updates

The Wyckoff Wave Making A Low?

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave traded sideways all week until Friday’s selloff.  Volume still at low levels. The O-P was down for the week. The Force Index was also down. The Technometer is close to oversold.   The Wyckoff Wave and OP traded to the downside in unison last week.   The Wyckoff Wave is still trading within the confines of its purple trading range.  No clues onto which way it will breakout. As the Wave rallied …

The Wyckoff Wave Headed To The Top Of The Range

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave flopped around until Friday’s strong close.  Volume still at low levels. The O-P was down for the week in stark contrast. The Force Index was also down. The Technometer is below neutral headed to oversold.   The Wyckoff Wave and OP was completely out of sync last week.  You can see that the OP was in constant downtrend while the Wave was in uptrend.   The Wyckoff Wave is flopping around in …