Hi Everyone! I hope everyone is enjoying their weekend... Thought I would provide a video to let everyone know where we are currently in our Long Term Wyckoff Accumulation Schematic. I also briefly covered the 4-Week, 3-Week, 2-Week and 1-Week time frames in the indicators. I'll follow up with another video covering lower time frames within the indicators. I've labeled this publication a LONG position because we should begin accumulating using Dollar Cost Averaging Technique if we have not begun accumulating already.
Happy Trading and Stay Awesome!
David
The following video; titled, "Brief Discussion of More Complex Wyckoff Accumulation Schematics" is recommended to have a look at what occurs within each PHASE of a Wyckoff Accumulation Schematic:
Here is the BTCUSD publication link I said I would provide in the description as to WHY I believe we have likely just begun a Long Term Bull Trend.
"A View of Our Setup for a Long Term Bull Trend Using Phoenix."
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UPDATE:
A similar concept for placing buy orders on Re-Traces DURING a "Long Term Bull Trend" should be applied to ADAUSDT as has been applied here with BTCUSD in the chart below.
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My apologies for all the email notifications you may be receiving. I just thought it would be IMPORTANT to remind you the FIB Re-Tracement Coordinates on BTCUSD chart (above) were "NOT" BASED ON LOG SCALE on a log scale chart.
It may be we will have our FIB Re-Tracement Coordinates BASED ON LOG SCALE on a LOG scale chart. That STUDY is currently on-going...
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UPDATE:
The following post is intended ONLY for one who may have sold ADA at or near the bottom for whatever reason:
Hey, can you make simmilar video about Monero? I found historically Monero started to rally right after Ethereum cools down, and currently Monero is near it's previous high, dealing nicely with last sellof. I'm not familliar with wyckoff scheme but after watching the video I think it's in between phase C and D which can lead us to a decent rally in the near future...
aBitLong
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Hi David
I'm playing catch up again!
Thanks for another great publication
aBL