Conclusion since the last analysis : we are always waiting for buying volumes and like I said in the few past analysis (attached to this one), if we don't find some buying volumes we will go deeper to find some. So, we didn't find buying volumes and it's kinda frustrating because the setup was pretty to have a good signal : exhaust of volumes, buying pressure,...
We are in the area targeted in the past analysis, we have a nice reaction on the spot, we have strong volumes, augmentation of the volatility, the stop hunt have been effectued, the spring is going on. So what are we waiting for ? The structure of the pattern is clear : we have exhaust selling volumes, buying pressure on the spot, confluence of levels. So we...
As we all know, bitcoin is having a correction. this often brings alts, just like polkadot, with it. On the chart you can clearly see where i think polkadot might be headed in this last corrective pulse. This is an orderblock where price may come down to for large institutions to be mitigated. This would create a huge double bottom (retail) pattern with a...
looking at a larger timeframe wyckoff accumulation for bitcoin. seems to me as though the schematic is close to done, now that we are forming a spring. now let's wait and see what it's next move is. we either: - break structure to the upside and go on to higher highs, - or we invalidate the schematic by dropping below the large wick.
what we are seeing since 4 dec low is a lot of overlapping and price trying to breach the low of the range multiple times without success, it looks like it's an accumulation phase as we are seeing bullish CVD forming on spot and futures coinalyze.net and since 31 dec we see even more overlapping, typical before a spring or a failed spring in wyckoff accumulation...
If you like my analysis please like and hit the follow button. I need your encouragement. EURCHF has has been on a decline since it formed a high at around 1.093 in mid-September. The price action however has seen a lot of slowness in the bearish trend as momentum has been diminishing of late. Over the past three weeks we have seen price ranging behavior. We have...
The price of Algo has broken its solid resistance. I believe this is a Spring event on a reaccumulation pattern. There is a lot of Fear which indicates a good moment to buy. I do not recommend leverage as it has a really high risk, but if you already have ALGO and want to stack I believe it is a good moment to buy more. Do your own research.
This coin has got so many Bullish patterns on it above the weekly support it's ridiculous i would expect to see this rise up generously in the coming weeks.
We may see it bounce here at the 100 percent retrace due to the divergence but if it doesn't then will try again at the 1.13 retrace.
Hi all, Latest price action showed wyckoff is not a pattern but a scheme. Lot's of non-text-book, incomplete distributions and accumulations and their twisting combinations occured, so i digged in to the idea of a bigger underlying structure of accumulation, right under the yearly resistance at 58k looked very much possible to me especially after many bullish w...
This looks like a Bullish Spring and a Back Test of what is statistically a Bearish Descending Triangle Pattern that if continues can take us up to the 88.6% Retracement.
Over time it may not fit exactly as it is drawn but the price behavior should follow the pattern. Good luck!
price near support with no supply. previous day closed with buying volume breakout. im expecting price might begging moving up from this level.
Hello my beauties. I think that XRP/USDT is in a phase of reaccumulation, so I will be waiting for the price to retest demand and confirm the schematics to take a long trade. The arrows do not indicate exact price, rather the events that would take place in case the reaccumulation has been read correctly. If you find this idea to be helpful like, follow, and...
Hello my beauties. I think HP might be accumulating. The range is clearly defined, but we need to understand whether this was a spring or a sign of weakness. Regardless, we will wait for the price to react to the top of the range by whether breaking it and retesting it successfully, or by breaking out and quickly recovering beneath the red line. If you find this...
Hello my beauties. The chart of coffee suggests a violent bullish breakout of a multi-year downward trendline. The price will probably continue its uptrend, but it is now signalling the beginning of a phase of re-accumulation; the price has reacted strongly with a sudden move to the downside that has stunned the price sideways. I will wait for further...
Ok guys, Let's get straight to it. The exact opposite happened after my last post and i still made 6.5% profit. Even the best investors have 67% win rate. So, how do you still make money while being wrong? First, charting and trading are two seperate skills. You can be a very good charter and a terrible trader and vice versa, because it's the execution that...
Hello my beauties. I think the price is leaving support and reacting to the buy zone very nicely. After a spring, we'll normally get a SOS (sign of strength) and subsequent retest of the range, before the price goes on to generate a powerful markup. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a...