Posting This Publication Simply to TEST Wyckoff Method...
...Sequence of Events Within What Appears to be an Accumulation Schematic #2. Pasting the chart again for it to be viewed as intended without being scrunched up.
I know absolutely NOTHING about this coin, its tech, its roadmap, etc... I'm simply using Wyckoff Method of Analysis along with my indicators.
First off, we do not have enough history for this particular coin/token to see sufficient data within my indicators. You'll see when I post the 2-Day, Daily and 12h Time Frames after a get back from my break.
I'm going to label my position as "Neutral" for this publication mainly because of the limited history and knowledge of this particular coin/token. If anyone has information and/or opinion about this coin/token, feel free to leave opinions/information in the comments section.
DISCLAIMER: I simply post my "opinion" based on what I'm seeing in the indicators and whether or not they are lining up with a particular Wyckoff Schematic. I'm NOT responsible for any trades made based on my "opinions" posted here on Trading View.
Feel free to click "Like" later if the price action plays out to my "expectations." Of course, you can click like now if you want. Totally up to you... ; )
Thanks for following and your support. Feel free to comment, ask questions, post your own ideas, etc... Please keep comments civil. ; )
David
I know absolutely NOTHING about this coin, its tech, its roadmap, etc... I'm simply using Wyckoff Method of Analysis along with my indicators.
First off, we do not have enough history for this particular coin/token to see sufficient data within my indicators. You'll see when I post the 2-Day, Daily and 12h Time Frames after a get back from my break.
I'm going to label my position as "Neutral" for this publication mainly because of the limited history and knowledge of this particular coin/token. If anyone has information and/or opinion about this coin/token, feel free to leave opinions/information in the comments section.
DISCLAIMER: I simply post my "opinion" based on what I'm seeing in the indicators and whether or not they are lining up with a particular Wyckoff Schematic. I'm NOT responsible for any trades made based on my "opinions" posted here on Trading View.
Feel free to click "Like" later if the price action plays out to my "expectations." Of course, you can click like now if you want. Totally up to you... ; )
Thanks for following and your support. Feel free to comment, ask questions, post your own ideas, etc... Please keep comments civil. ; )
David
Comment:
Comment:
12h (720m) TF: Again, I want to emphasize... "This is a TEST of Wyckoff Method of Analysis WHEN WE DO NOT HAVE ENOUGH HISTORY TO PROVIDE DATA FOR INDICATORS. TRADE AT YOUR OWN RISK.
Comment:
THE MAIN PURPOSE OF THIS PUBLICATION IS TO DETERMINE HOW RELIABLE THE WYCKOFF METHOD MAY OR MAY NOT BE WHEN THERE IS INSUFFICIENT HISTORY AND DATA FOR THE INDICATORS TO GET AN IDEA OF WHAT EVENTS MAY OR MAY NOT OCCUR WITHIN AN "ASSUMED" WYCKOFF SCHEMATIC FOR A "RELATIVELY NEW COIN/TOKEN" LISTED ON AN EXCHANGE.
Daily TF:
2-Day TF:
3-DAY TF:
4-Day TF:
Daily TF:
2-Day TF:
3-DAY TF:
4-Day TF:
Comment:
1440m TF: November 12th or 13th we may see reversal to upside pressure.