BTC is showing accumulation at current levels and we may see up move.
Alright ill keep it short because this is about to exlpode! -Huge rounding bottom = more demand = accumulation - higher highs and higher lows - Massive hidden bullish divergence on the weekly - eth/usd looks amazing too - Back-tested the spring -If we break the neckline shown, there is little resistance on the way up LETS GO ETHERIUM This is not financial...
Supply is beginning to be absorbed. If we can resume upward from here, and get above the closest resistance that price just bounced down off, then LINK should gain on ETH again. There could still be a more solid move downward before a spring up, and that would be an even better entry depending on the strength of it. I will post again if that happens and is a good...
GOLD has seems to be at its distribution area. Based on TP calculated using Law of Cause & Effect PnF chart, conservative target can be considered reached at USD2100 area (2077 to be exact). Here's how I deduced TP reached: 6 years of accumulation (2013-2019) at USD1180-1400/oz shows a classic schematic of wyckoff accumulation phase. On PnF chart, using box size...
Hello everyone ! I wish you all nice day my dear followers, friends, newcomers and randoom net troll visitors. Lets focus closer on The accumulation of wealth today at this chart Accumulation function, a mathematical function defined in terms of the ratio future value to present value it is literally the process of gradually increasing in amount, or the...
Long and short/mid term PTs.
Purely Technical analysis, there is a clear classic wyckoff accumulation pattern resembling an inverted HnS or cup and handle. Using PnF, i have calculated conservative and aggressive TPs. PnF = 24x0.01x3 = 0.72 TP consv= 0.20 + 0.72(50%) = 0.56 TP aggrsv= 0.20 + 0.72 = 0.92 will the history of 2014 repeat itself forming shark fin pattern?
Artroniq aka PTB has broken put of its trading range with clear JAC,LPS, and SOS. Based on LCE PnF charting the TP calculation as follow: Pnf = 16x0.01x3 = 0.48 TP consv= 0.14 + 0.48(50%) = 0.38 TP aggrsv = 0.14 + 0.48 = 0.62 TP conservative has already touched. However, using volume profile indicators (visible range), there is no clear distribution in...
t look like it just did it spring to clear EQL . And starting its Phase C according to wycoff.
Currently in phase D, good time for entry during mark-up within accumulation phase
We just waiting to see an successful test to finish our phase C, where an HL should be created.
PT: $50.64 (long-term over the course of entire next swing up)
Currently in phase D
Currently in phase D. Possible path into phase E shown. Original analysis linked.
Upon further inspection of BTCUSD I realised that it has a tendency to wick out on the 4 hour time-frame and when it does it settles to consolidate above the zone before dropping into the zone to move higher or consolidates in the zone; now one must use their sense of judgement to determine if the wick was a stop hunt/washout long or buying pressure. A washout...
You heard it here 1st !