#LINK #Chainlink has been dormant and bearish for quite some time. There are a few key things to note: 1. Whales are increasing buying of the token You can visit www.whalestats.com to see the top ETHEREUM wallets and what they are purchasing/holding, many are starting to acquire...
Let's see if this plays out or not.. I'll be ready.
Taking SC as the boundary to start the interval calculation, DOT has shown many positive volume and price events, the more obvious low-level and huge turnover with effort and causal deviation, and the rush for supply in the second test. After the spring, the price revealed a strong holding behavior, indicating that the floating supply has been largely cleared.We...
phase A stopped the trend, now we are currently in phase B until there is significant demand/supply to bring us out of the zone. A break above the red line would signify a minor sign of strength. this hints that the upside potential is very possible. With a gap to fill short term, i believe we will retest one of the green boxes. Another sign we are going up is...
Gold is like on big accumulation process. Since last week ,the buyers are very aggressive to buy at new low. May be the buyers thing the seller is willing to fill on bid side. Now, how to put is all together is the another art of mystery. I am slightly bullish on Gold now.
Looks to me like BTCUSD is in a symmetric triangle pattern, which tends to follow the current trend (which has been down) before continuing onward. There is a possibility of reversal, but symmetric triangles typically continue the current trend. If this were an ascending right triangle, I'd see it as more bullish. If it were a descending right triangle, more...
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻 This is not financial advice, always do your own research.
Background - Mar 20, 22 * 🐂 * Maybe at an oversold condition Current Condition * I don't see SOW 🚫 🐻 * Reactions on decreasing volume * Coming to reaction -> re-rest at 90 What am I looking for 🐂 - high vol absorption at 90 🐂 - low vol reaction to 71 support and buy spring 🐻 - Don't see anything in the immediate future Video Analysis cln.sh
We are now in phase D and in Phase E price should rise up sharply. Moreover, we already have an harmonic pattern so everything seems like we'll go up.
CAN is printing a Broadening Bottom Megaphone pattern on the CAN daily chart; the RSI looks to be increasing on the price lows indicating increased momentum. Zooming out it also looks like an accumulation pattern has been forming over the past several months. The megaphone may work as the "Spring / Test" stages for Phase C if it plays out and bring the price back...
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,...
Hello friends ! The INTC campaign begins its journey and now we are in the testing phase of the climate action
Wyckoff Accumulation Movement in H12 I am seeing a wyckoff accumulation movement in H12, we are in the final stage before the Spring and then go to an explosive SOS. I think it will happen in 2 to 3 weeks.
It's a beautiful view on the weekly. Decreasing volume over the whole trading range, then a spring-like pop at the end just recently. Currently testing the MA200 and a break out of the COG (bottom) looks likely if the MA200 is broken. Dunno, I like it though. I think we have a potential accumulative scheme over this whole structure and I expect a test to the top...
#DYOR This is my first time public analysis. BTC in DAY TIMEFRAME. Is it true in Phase E The Wyckoff Pattern: Distribution? We'll see
I'd speculate on this structure being distributive. Which is a contentious call, given the fervour of the FTM community and HODLers. I really hope it doesn't play out, honestly... but .. it seems very off to me. Check out the volume, no volume at all during the lower structure, but heaps on the tests to the top of the range, a lot of passing the supply over from...
Pinning down suspected structures.. zooming out to the Weekly chart looks to be an accumulation range overall. These are smaller local structures I'm finding within that, usually seen on the 4hr timeframe. Please, I'm by no means an expert.. just reviewing as we go along and keeping these as my own reflections.
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...