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RE: Trading Steem With the Wyckoff Method
This message explains the Wyckoff method which focuses on the cause and effect of everything. In the Wyckoff method, "convergence" and "dispersion" are the two main causes, and both conditions produce breakouts. This means that a sustained rally (cause) leads to a breakout (oversold), which drives the price up, while a split causes the price to fall.
In trading, this law can be used to predict the price of STEEM, where a split condition lowers the price and a consolidation increases the price.
Also important is the law of "effort versus results," which states that the more effort one puts in, the better results can be expected.
best of luck
My friend, you also wrote an excellent entry on this topic. Did you find it was hard when you were doing it? I needed 4 day to complete.