Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC/USD Weekly update. This is called the power of TA. Posted a BTC chart (Link given below) on 10th of March and told you that BTC will broke out on 28th March. Now you see the result. Now you can see the result, exactly on the same day, BTC breaks it's...
Good day guys Here is my analysis for Dow30 US30. Indices are recovering losses due to the correction as you will see on the daily timeframe of this market. Retail traders will probably lower the price, as they see the market is still down, shorting the market. It's where market makers, wait for their orders to trigger for a long, flushing out the seller. very...
BTC has broken out of consolidation / accumulation pattern. Once it reclaims 200 EMA we are going full send.
Hi All, It might be a case while BTC looks for the bottom which might be close to 34-35k, then this model makes sense. Similar to KNC, I would think this will have some bottoming formation. The question is how long ? and what is BTC going to do. This is not meant to be taken serious, but it would be nice to look back at and see how the forecasting model was...
CHZ is ranging since March 2021 – almost 1 year. Support at $0.20 was tested many times before it breaks and price drops at $0.16. After a couple of weeks of accumulation, price pass through $0.20 to $0.24 confirming in this way the shakeout/spring. The are some long shadow candlesticks between May and June 2021 - an indication that large traders entered the...
Is price accumulating or redistributing? Price is moving within this range? Where to next? I’m inclined to believe A is the higher chance of of probabilities I haven’t even checked but it looks like price is waiting for news catalyst to make a dramatic move, either way. Pay attention to 4 hour candle closes
After almost a day of accumulation, looks like its gonna test the trendline and move upwards
Hey guys, Utilising the S&P500, we can determine a very bullish response the Fed Funds Rate increase of 25 basis points. Jeremy Powell ensured the US to have a very strong economy and labour market which has placed trust in the overall stock market. Have we seen the top of the market or will we be seeing another high to be made? I believe if we see another high,...
9 week accumulation with range expansion this week. There's also a larger 13 month accumulation suggesting a move to about 507 by March 2023 if we get a breakout signal which looks like it could be this month.
I'm looking to accumulate Sand into my portfolio, so i'm posting this to see if i can see any patterns forming in how $Sand does in this current market state. Short Term - I see Sand retracing a bit from today's HSBC news pump back to retest the previous support; the news helped break out of the current down trend. I'm expecting to see sideways action for the...
Wyckoff schematics come in many different forms but originate from a basis of 3 other schematics: distribution, accumulation, and reaccumulation. Reaccumulation patterns consist of many creeks and channels. As you may see here, the minor creek has been broken with a lot of volume. Then, after a big jump--wide spread and high volume-- we saw another break of the...
It's time for an update I think! Not long ago I made a chart about the accumulation phase of Bitcoin . I expected a higher high, and then a drop with a few small upmoves, but a clear downside pattern. Well, we definitely saw up movement. But we didn't made a higher high. So that was something I didn't expect, but which is okay. ( BTC /EUR made a higher high tho,...
🚀🚀🚀🚀🚀 Hello everyone, Are you already loaded? Bullrun right there! During the accumulation a flag was drawn, possible continuation of the downward trend after the retest from below (red line). The consequence will be a drop to the next shopping zone of $ 29,500, where there is strong support and many BUY orders. A dozen or so days ago, everyone was counting...
As you can see, we're at the same point as we were in the last wyckoff accumulation, where we broke out of a descending channel only to be rejected at the RSI trendline. I've long been observing that the current drop is a smaller version of the May 2021 accumulation phase and at this very moment, it is behaving the exact same way. We're probably going to get...
AMC looks to have found a floor at these levels. It’s a high demand stock has a lot of shorts. This is the longest floor amc has been in, in a while. And CEO came out and said Retail owns the float. So the downward pressure has to me mostly shorts. Which this long floor it’s possible this could be a Wykoff Accumulation method to break out of this supply and demand...
Would continue my previous two posts,bitcoin price now in phase(C)what we know about this phase??? Phase C: During phase C, spring (shakeout)the price below the support level of the trading range quickly reverses and moves back into the trading range.You can consider spring as a period of the coin below the support zone to attract traders and investors.Its a...
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. red lines are most...
Bitcoin is rangebound. This is the prime technical case we've been working on over the last weeks. It has blown one chance after the other at breaking out, and it's now entirely confirmed that its consolidation is steadily building up. However this range will ultimately look is of less importance. Diagonal lines of all sorts are much too discretionary to be...