TradingView
Janpr99
Jun 22, 2021 2:41 PM

Wyckoff Accumulation: Schematic #1 Bitcoin Long

BINANCE:BTCUSDT240
Bitcoin / TetherUSBinance

Description

⋅
Over time it may not fit exactly as it is drawn but the price behavior should follow the pattern.
Good luck!

Comment

⋅
Nice volume, I forgot the indicator so I'm uploading this photo.

Comment

⋅
Wyckoff Accumulation pattern Updated and readjusted.

Test Done!

Comment

⋅
Chart Updated and readjusted.

Comment

⋅
Chart updated and readjusted.
I think we are not going lower than expected before.
Good Luck!

Comment

⋅
Finally we've fallen under the support, expecting the price to rise from here.

Comment

⋅
We bounced from 33210$ but finally we've fallen again to yellow support.
We added the extra LPS to the pattern.

Trade closed: target reached

⋅
Maybe a bit of delay and manipulation but the pattern finally played out.
if you press play 2 times you will see the flag formation delayed in time.
Support and ResistanceSupply and DemandChart PatternsBitcoin (Cryptocurrency)BTCBTCUSDTBTCUSDwyckoffwyckoffaccumulationspringBullish Patternsaccumulation
Comments
LASultan
⋅
Very nice - I've been projecting a similar pattern for about a month now. Great to see your projection confirming my own, especially after today's (painful) dip, which I truly hope is the "Spring" we've been waiting for. It certainly seems to be based on price, volume, and the rapid bounceback!
Janpr99
⋅
@LASultan, Thanks for your comment, Test Done :)
LASultan
⋅
@Janpr99, Dude, BRILLIANT work - I've been a solid believer that we're following a Wyckoff model, and I'm not sure why it isn't getting more attention, but your model above should have thousands of likes by now! Next confirmation I'm looking for is continued higher highs & higher lows - here's hoping!

Also, I've been hearing LOTS of anectodal information that we should see BTC start pumping in mid-July ... which fits perfectly with your escape date ...
Mihai_Iacob
⋅
Great outook.Thanks for sharing
DarwinBit
⋅
Brilliant work. I've only recently learned about this, so you're light years ahead. Thanks for posting this. It's perfect.
I was wondering where the "real" bottom was. It does look like we are within days of being there.
Excellent work.
More