WyckoffMode

BTC: Potential 26550 to 25600 is on the Table

Short
WyckoffMode Updated   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Hi Everyone! Simply an update to point out increased odds for price action to fall down to the $26,550 to $25,600 price range.


Comment:
UPDATE:

12-hour (Bottom Left Corner):
Red and Blue Lines on verge of falling below yellow level 50 along with the White Energy and Green Line; potentially resulting in Stage 1 Expansion Down.

24-hour (Bottom Left of Center):
Red and Blue Lines on verge of falling below yellow level 50 along with the White Energy and Green Line; potentially resulting in Stage 1 Expansion Down. Don't forget; if the Red Line continues below Yellow Level 50 the next 24-hour candle, this will trigger downward pressure. How long will this downward pressure last? Until the White Energy comes back up to level 50.

2-Day (Bottom Right of Center):
We already see the Blue Line below yellow level 50. If the Red Line falls below Yellow level 50 the "next" 2-Day candle; and the white energy and green line continue down the "next" 2-Day candle; we are subject to see Stage 1 Expansion Down. We have approximately 18 hours remaining in the current 2-Day candle before the next 2-Day candle begins.

3-Day (Bottom Right Corner):
Red Line is already below Yellow Level 50; indicating we can fall down from the Yellow B-Band Basis. The Blue Line has fallen below White Level 70; indicating increased odds of falling down toward the White/Aqua Lower B-Bands. This would put us at a price range of $26,550 to $25,600.

Comment:
UPDATE:

6-hour (Bottom Right of Center):
Red and Blue Lines just went below Yellow Level 50 in the 6-hour; increasing odds for Stage 1 Expansion Down in the 6-hour time frame.

8-hour (Bottom Right Corner):
Red and Blue Lines just went below Yellow Level 50 in the 6-hour; increasing odds for Stage 1 Expansion Down in the 6-hour time frame.

Comment:
UPDATE:

Simply pointing out it's "possible" we could be in a Re-Distribution Period of Accumulation.

BLUE TEXT BUBBLE:
Just as we can have periods of "Re-Accumulation" during an Accumulation Schematic;
we can also have a period of "Re-Distribution" during an Accumulation Schematic.
This occurs often during Phase B of a 2-Tiered Accumulation Schematic. This can
also occur during a "Back-Up/Last Point of Support" period in Phase D of Accumulation.

Comment:
UPDATE:

EXAMPLE of RE-Distribution during Accumulation in Phase B of a 2-Tiered Accumulation Schematic:
Comment:
UPDATE:

Here is a "Pulled Back View" of Phase B and Phase C of a 2-Tiered Accumulation Schematic to show you the period of RE-Distribution in Phase B and C of our 2-Tiered Accumulation Schematic.

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