Wyckoff patterns describe AMD cycles; most traders misuse them without understanding mechanics.

Let's start by breaking down some of these patterns and we'll start with the OG white cough. So white cough had these accumulation and distribution schematics. You've seen them everywhere, I'm sure. And basically all he was describing was an AMD cycle, right? That pattern, that white cough schematic, and this isn't as much of a pattern as some of the other stuff we're gonna cover, but it doesn't matter. But it's used the same way by the average person, right? They see something, right? They say, okay, this looks like that white cough accumulation that I've seen in the past, copy and paste on the chart. Therefore, the same thing's gonna happen. They do it on their favorite altcoin. Oh, it's white cough accumulation.