@BehiverOnNoiseApp 15 April 2022 more from that month

Bitcoin Cash follows Wyckoff Accumulation phase and the next uptrend has started! The Wyckoff method is probably one of the oldest market theories that can help traders read the footprints of smart money. When analyzing the price structure, it seems BCH is still in phase B in the Wyckoff accumulation pattern, and this should lead to the price making a new marginal low below $257 low. Phase A ended with the panic selling climax (SC) low of $259 and the subsequent automatic rally (AR) followed by the secondary test (ST). In the short-term phase, B is about to conclude, and it should be followed by phase C, which should be the last low before the next mark-up phase begins. The final stage of the Wyckoff accumulation phase should see the price breaking above the current range with an impulsive movement. A break above the previous high of $391 should confirm that the next mark-up phase has started. However, it's also essential to keep in mind that we only need a marginal new low to ensure that the smart money is accumulating.