RE: Trading Steem with the Wyckoff Method
The three basic laws of the Wyckoff Method, namely the law of supply and demand the law of cause and effect And The law of cause and effect have been explained in great detail by you.
According to the law of supply And demand if the demand is high the price rises and if The supply is high the price falls.
The Law of Cause and Effect states That there is a cause behind major market, movements such as the increase or decrease in the price of the Steem token.
The Law of Effort vs. Result explains the relationship between price and trading volume. A market Trend is strong if the volume is accompanied by a change in price.
Likewise, in this post, you have outlined four key steps: Accumulation, Markup, Distribution, and Markdown. Historical data of Steem Token is also presented with the help of these steps to predict the current market conditions. You have created a great post and hope you get success best of luck