HEY traders The distributional behavior on Ethereum is clear. It may not be the end of the rise, but at least the price will fall to retest the accumulation area
This analysis is based on the scenario that we are about to complete the schematic with a following rally. A possible position can be placed like: -50% of total position size on the LPS after we have seen some Sign Of Strength. -50% of total position size on the LPS after we have seen the Sign Of strength of the smaller area. (something more that...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I found EURUSD Weekly chart a great practical example of Wyckoff's Theory. As per Wyckoff Price Cycle, we are most probably entering in an accumulation phase. and yes, it is still too early to judge, as for the accumulation phase to start, we will need a consolidation as...
My position based on the re-accumulation schematic it the following: 3 entries 1/3 of the total risk amount on the breakout. (1629.12) 1/3 of the total risk amount after the retest will be confirmed. (waiting) In this case I must comment that the flag existing right not is not the one that will give the confirmation, but a pull back done from further away will...
The Schematic may turn to an Accumulative one. We will further wait for the confirmation with some LPS still the strong comeback from a "breakout" seems like the return from a spring event.
I expect a sharp drop in the gold price to the liquidity that has been building up for some time now. But before that happens, I'd like to see a rise to the 1730.00 area - hunt for the stops.
Interesting accumulation area developing with rising RSI, suggesting upward pressure could build up. Look for a breakout confirmed by weekly close and increase in volume.
1. 1st high volume indicates consensus on Accumulation phase. 2. Accumulation continues. 3. 2nd High volume indicates consensus on the Expansion phase. 4. Accumulation resistance flips into Reaccumulation support. 5. Repeat.
This is the way that keeps up with the Distribution chance. Things are still running on Phase B and we are waiting for further information to favour between Accumulation and Distribution. A breakout and its evaluation will make our final decision.
After testing the edge and making the bounce back to the top this analysis is favouring the bullish scenario. Volumes are confirmative and a Breakout with a successful pullback will definitely add to the Long scenario.
Interesting accumulation area that would suggest a 1.8 R/R in case of more upward pressure to develop further after the resistance break
I have a few indicators that tell me whenever i should accumulate or distribute. On the Weekly timeframe: 1. Does my Accumulation/Distribution band show Red or Green. If Red: 2. Is RSI above 70 and RSI SMA above 50? 3. DISTRIBUTE If Green: 2. Is RSI under 30 and RSI SMA under 50? 3. Is BTC price +- 80% down from ATH? 4. did 50 & 100 SMA Death cross happen? 5....
Hi Traders, Investors and Speculators Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. A quick look at Cardano / ADAUSD / ADAUSDT . I believe that we are currently in the market cycle of accumulation , according to the Wyckoff Method ...
The price is creating an accumulation area (50 days) above the daily support at 0.75$. We are waiting for a clear breakout from the resistance. How to approach it? IF the price is going to have a breakout from the range and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly...
After breaking out the H4 level and stopped just above the line. This level was tested several time in history and it is obvious that we can go higher until we pull out all bearish orders. The pice in above the level is a + for long positions, The local sales and putting the price under the line liquidated within next 1-2 hours - another _ for longs. (it seems...
Daily: We have a not clear downtrend, almost empty area below 8.50. Next serious support is 7.40 H4: Downtrend for 5 days (-23%), accumulation for 13 days with further bearish breakout. At 8.6 - new accumulation. After false breakout, no high correction, 3rd bar after FB is "stop bar". Next bar in bearish. reached 80% H4 ATR for 3 hours. It seems that shorts are...
Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. With this chart, I propose my trading idea with a potential of 300% profit for Litecoin / LTC / LTCUSDT . Currently, we're trading at the accumulation...
this is wyckoff accumulation pattern on bitcoin chart. and in my plan the price gonna drop to 15350 on phemex chart. on binance perp chart its 15298. and then we'll have a great bull season... but we'll see.