The sign of strength from $0.80-$1.20 seems violated - but this is just due to tapering anticipations at the FED level . Clearly we are in a super strong Wyckoff accumulation zone and there will be a break to the upside at $1.50 followed by a retest before we head to $3-$4. Going long here is great . I am not a financial advisor.
It's been a long time coming and I believe we are finally in Phase C. We have hit the bottom of the range, sprung, and we back tested the spring as support. Those are all the markings of Phase C. Next it's time for the composite operator to start a new up trend.
Publishing this out there so you have a hint on how +/- the price will evolve. You can project the 4h movement onto the upcoming months on the Daily timeframe - after this week ends ofcourse. Good luck !
This is for short term And this is risky too. Please DYOR before entering the trade.
Hello Everyone, This is my analysis for ETH on the 4H TimeFrame, could be a nice swing trade I saw a Wyckoff accumulation schematic playing out, the spring took out liquidity & I think it's time for the bullish move to occur. 1) Let's see how market reacts and if it will show more signs of strength, 2) Will aim for the next supply zone, after filling the Imbalance.
For almost a year I am a fan of the idea, that bitcoin is going through a wave 4 correction since its high in May'22. This wave 4 is forming as an expanded flat pattern. A three-part wave structure (3/3/5), which is overall directed against the prevailing trend. At the moment we are very close to the last part of this correctional pattern. In addition to that, the...
Here's a continuation of where I think we are in ETH currently (10/31/22). I am still siding with the bears, even though last week we saw the vital signs of a resurrection. However, I am observing supply is still predominant overall, cancelling out any TR breaks by the price action in overcoming the micro resistance. Until this happens with clear vertical bar...
its a bit late to share but i started to long it around 19300 and i will keep it until we reach 28 i hope. but i think we'll need more squeeze to 33K to have and swing failure pattern there. cuz everybody is waiting for short on 28K but i dont think CZ is stupid. :) why i think that chart like that? cuz btc cme gave us daily msb right now but in exchanges not !...
this is wyckoff distribution scheme. and i hit the luna ( on the left ) 118 with that analyse. i know 24-25 is so interesting to reach for near but we'll see what happen... im in long !
* Initial peak at the end of 2021 * Sharp retrace (automatic reaction) followed by quick rally into the secondary test * Sharp fall again on most bearish volume in that period * Long phase B of about 12 months * Down moves so much quicker than the up moves * Distribution occurring through this period * Ultimate high in April 2022 forming an upthrust after...
Lovely confirmed liquidity grab to push down after breaking the highs of my accumulation schematic, still need to come down and have our last test before coming up so this will be a sell to buy setup.
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. Daytime job - Math Teacher. 👩🏫 I've been making updates on altcoins that have massive upside potential and good risk to reward rations. These ideas...
The fiber has created a distribution scheme in Wyckoff theory. In addition we see a MACD divergence as confirmation R.R greater than 1: 3
This is for Long Term And this is risky too. Wait for forming UT and UTAD . Wait for BOS UT by UTAD. Enter form the Broken support Area. Please DYOR before entering the trade.
Its a pure Wyckoff accumulation schematic Will see the result
The structure is broken Wait for price to reach LPSY zone then Enter Before entering the trade DYOR
BTC: ~ $ /PRICE/BOTTOM/STRATEGY.PH Script started on SATURDAY 18 JUN 2022 08:13:33 PM UTC DCA="Weekly" DURATION="Price is sideways" EXCEPTION="BTFD!" $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$$$$$$$$$$$ BTC: ~ $ ^C BTC: ~ $ BTC: ~ $ BTC: ~ $ /ETC/INIT.D/WYCKOFF_ACCUMULATIOND STOP Continue? (y): Y ...