The Wyckoff Wave Headed To The Top Of The Range

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave spent the week trading sideways until Friday’s strong rally.  Volume was at slightly higher levels late in the week. The O-P was up slightly for the week. The Force Index was also up. The Technometer is now trading at neutral levels.   The Wyckoff Wave is leading the OP slightly on the upside.   The Wyckoff Wave is still trading within the confines of its purple trading range.  We had expected further …

The Wyckoff Wave Still Range Bound

Todd Butterfield Week In Review 0 Comments

Our ProTraders subscription started offering buy/sell recommendations on Bitcoin as well a few weeks ago.  We gave a buy on Wednesday at $7,490, and we are currently trading $9,700 after briefly touching $10,400.  We expect this market to continue sharply higher in the months ahead. The Wyckoff Wave opened down Monday, then traded slightly higher the rest of the week.  Volume still at low levels. The O-P was unchanged for the week. The Force Index …

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 …