Hello everyone, rouzwelt here Here on the chart you can see the orange triangle formed which price has been respecting its boundaries relatively good except that little fake out. As price is reaching to the end of the triangle, the chance of seeing a breakout soon is increasing, as most of triangle patterns generally break at 60 -75% of their length and don't go...
BINANCE:BTCUSDT My Cleanest that I can come up with. What I did consider why somehow it is inaccurate. 1. Anticipation - Price where moved a bit and some are delayed in dip/pump. 1 reason: because of the market manipulation which will make this market a bit inaccurate down to 80% probability. 2. Fundamentals - Crypto fundamental analysis involves taking a deep...
A beautiful range out of CREAM. Should see a breakout within the month.
Accumulation and Redistribution always looks same until one side is broken. Schematics may mislead us. Just looking at the textbook wyckoff schematic and trying to fit it in the current price action makes no sense at all. Both accumulation and distribution can come in infinite ways. So we should look at the rallies and declines, in our case I choose...
Hello tranders, This is kind off playing with chart analysis, but taking Wyckoff theory as a baseline, I still believe we are somewhere in Accumulation phase (Spring / test) and I feel we should be witnessing some fundamental hot news to break current sideway movement and start ascending to the moon . Disclaymer: This is just high level analysis and not...
Cardano it's in the accumulation zone in the range above of $1 dollar. But there's a lot big news for this cryptocurrency in the next weeks that could to impulse the price to the next bull rally toward $10 USD.
Hi everyone. This will be my first idea and I’m excited to be learning about chart analysis using short and long term trend lines, multiple different EMA indicators, MACD and volume. I’m going to focus on Dogecoin chart because that is what I’ve been using to accumulate more tokens by selling during a down trend at a higher price, then buying back after the...
Hi Traders, We have broken structure of accumulation and have formed a SOS (sign of strength) as well as strong LPS (last point of supply) at 1800-1795. Based off the cause and effect of the accumulation, the calculation using the PnF chart as seen below gives us a target area of 1920 - 1955. We have had high volume sells and low volume buys however have...
Hey traders, I've spotted Wyckoff accumulation happening on the 5min timeframe and just got decent entry conformation to take a 1:4 R:R trade. We will be targeting the 50% fib of imbalance with a stop at the lps. (you can enter on a this slight pullback). If this plays out as expected then BTC may potential move higher in the short term. like and follow if you...
Analysis Forecast: Price Trend Turned Bullish Analysis is for: US Market Short-Term Trading Tactical Single Stock Allocation Supporting Technical Observations: 1. Breakout of Downtrend (Supply) Line 2. Breakout of consolidation Base 3. Fund Flow Index (FFI), turned positive 1st Technical Target US$250.00 Why this Level? 1. Key Supported turned...
Here's the deal, As being one of the first trades to point out Accumulation, i've been at both sides of the story. Price being right at the middle of the trading range, it's time to evaluate current situation from both angles. 1- We are in Accumulation. The spring action is being tested and breaking 37k would validate it along with higher highs and lower...
Same structure as EU. We are experiencing a divergence between EU and GU because a big move is about to happen
Update on my last Wyckoff Post I have linked below, we are still floating above the Weekly Support (Green) area but underneath Tesla average buy price. Failure to stay above 35800 is a Sign of weakness for me in the short term. Also there's a clear Bear Flag structure there. This is my rough plan for now I am hedge short but looking for another sound long term...
Now that everyone turned bullish, i wanted to analyse the possibility of an uptrend. Let's start; We have seen a higher high (HH) on June 29th at $36.600 following a higher low (HL) which are bullish signs, but notice how the HH felt $650 short from the top of this so called uptrend! It should have made a high at least at $37.253 which was the close of May. It...
Took the theory behind Accumulation and Distribution and applied it to current BTCUSD market. You can learn about it here: youtube.com slash watch?v=BHKm-jsSM6M (Phase D might start later than indicated.) In theory the 'last point of supply' would be the perfect spot to enter long.
I'm seeing a buy up on GBPUSD based on the Wyckoff Accumulation Schematic. Good Luck!
Analyses of Trading Ranges (Stockcharts.com) "One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists. Trading ranges (TRs) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand....
Elliot Waves used to show how BTC could complete Wyckoff accumulation and swing back into previous bull market conditions.