The current pullback for Bitcoin so far mirrors perfectly the Wyckoff accumulation pattern. We are currently in phase C where we recover before the next consolidation in phase D. Hopefully you will get a bit more confidence again after reading this. Phase A: The downfall where we see a short stop at previous Support (PS) around 43k. Breaking below did lead into...
An update to the Wyckoff Chart, adjusting the pattern for the past few days of price action that has seen Bitcoin break to new lows, recover and then fall to retest the low zone. This looks like a text book structure for Phase C of the Wyckoff Method, and if continuing to hold to this pattern, we should see Bitcoin begin its rally to new highs starting from...
As you can see yesterday retest of Phase C of Wyckoff pattern has been perfectly done, RN the main way for BTC is going upside to the local and main resistances, This is not a high volume movement to the upside. This should be slow and steady but healthy. Im looking to take profit at each local R because if this pattern becomes true, Wyckoff Phase D will be...
ONLY FOLLOWING WYCKOFF'S ACCOMULATION SCHEMATIC #1 NFA
BTC has been trading sideways and it found a bottom after a huge drop from 59500-ish. Then it was bouncing between two major support level 42K and 31K and started to form the famous Wyckoff Accumulation Phase, recently on the 22nd of June we formed a Spring , and now we are in the Test ing phase if the test succeeds we should slowly but steady start to march...
This chart shows how the market is being manipulated by whales. The pattern shown in the chart is a classic wyckoff accumulation pattern. As of right now its beginning to enter phase D which is supposed to be a big move towards the upside.
THE BITCOIN CHART IS NOW FOLLOWING BASED ON THE ACCUMULATION PHASE OF THE WYCK OFF THEORY DON'T MISS THE SUPER OPPORTUNITY TO BUY BITCOIN FOR LONG TERM . LONG TERM INVESTORS CAN FOCUS ACCUMULATING THE BITCOIN AT THE CHEAPER PRICE AVAILABLE SHORT TERM TRADERS MUST WAIT FOR THE ENTRY IN BITCOIN
Hello everyone, rouzwelt here As I demonstrated in my last idea which you can see its screenshot below (Full Article Link Bellow) that we need more info and more candles to get printed so we can begin to say wether BTC is in accumulation or redistribution phase. And right now after BTC failed to break Last Point Of Supply and rejected, we are seeing a lower low...
Hi Guys, as we can see there is some accumulation happening of Gold. Right now Wyckoff Method is playing exactly like the method suggest. If you look at the Accumulation Schematic #2: Wyckoff Events and Phases, We are continuing the last accumulation Phase of D.
Just messing around but seems like Doge about to blast into outer space. Can anyone else confirm this Wyckoff accumulation??
Mogo seems to trade according to the Wyckoff Accumulation pattern. There's still a gap below so that could be the "spring phase" One of the best Fintechs out there, with lots of potential.
Hi Everyone, I have applied the Wyckoff Accumulation Pattern to ETC. I previously posted a Wyckoff analysis on the Total Crypto Market, and it clearly shows we are in Phase C of the pattern. For ETC, I argue we are also in Phase C; however, sellers have been more aggressive in ETC, than the overall crypto market. I suspect we have gone through most of the...
Hi Everyone, I have applied the Wyckoff accumulation pattern to the sideways price movement of the Total Crypto Market that has occurred since the first major dip in late May. I believe we have entered Phase C of the accumulation pattern and have gone through most of the sell pressure we will experience; the volume has picked up and more buyers are stepping...
It reflects the whole idea of a potential accumulation zone of 42-30k, which was put forward as the main one on June 4. Very often I consider different models, both analysis and trading charts. I can say that according to this model, the levels of $ 30,000 and $ 32,000 act as a large reference support zone Secondly, if you notice on the daily timeframe, the...
This inverse Head & Shoulders is quite interesting because it's in line with the Wy accumulation and the BullBear Trend. Technical target: 41-42k$ Timeline: within the 8 of July. Once we touched it we go down a little bit and test again the 36k$ zone for at least 1 week.
GOOD VOLUME AT THIS BEAR TRAP!! SEE HOW IT GOES FOR 31K TEST : IF THE BEARTRAP TEST CONIFRM, STARTS AGRESSIVE ACUMULATION, OTHERWISE MAY KNOCK IT DOWN
This is complete guess work based on the wyckoff accumulation model being extremely similar to the BTCUSD 8H chart right now. Making a guess that btc can go inside this box by July 12th.
Here I drew what Wyckoff's accumulation model could look like if applied to Bitcoin. We have clearly had Phase A with the initial drop, automatic rally back up and secondary test. We have bounced around for a while in a range in Phase B, also with a secondary test. I believe we are in Phase C, with the spring completed, being the absolute bottom of this...