Finally, Bitcoin flips the 1H 200 EMA to support. A few bullish volume spikes show clues that retail traders may be flipping bullish. Just need more volume now. ✅1) Need to flip that 1H - 200 EMA to Support 🟡2) Volume should start increasing as retail traders take positions. 🟥3) Price needs to get to the $23,000 Resistance Line 🟥4) Reversal is only confirmed with...
Hello Everyone! Yesterday I shared my idea on Wyckoff pattern being formed in USDCAD. This new idea is to let everyone aware that the Test has been confirmed and I expect the price to start making higher highs, starting Phase C of the Wyckoff Accumulation. In Phase D the price should brake the resistance. I hope the high impact news from USD help the dollar move...
As predicted bitcoin got rejected at the 38k yesterday, however after being rejected it flipped the previous resistance of 37k into support. After finding support on the 37k in combination with the 0.66 golden pocket fibonacci retracement of the very first wave after this we got a price increase and an increase in volume when we broke through 38k. We are currently...
After BTC flopping it went down with majority of the crypto, We have since seen reaccumulation occur on most cryptos and dodge is one of them We are now in phase D of the wyccof reaccumulation as we head to the last phase. The reaccumulation is one after shake out
Following up on Uncomplication's call of the Wyckoff Distribution Scheme currently in Accumulation stage. If this continues to develop I will update the idea with the remaining of the schematics. No financial advice, my personal studies only.
Wyckoff accumulation.
Introduction Bitcoin's recent markdown has put Wycoff and Distribution on a lot of new traders radar as well as investors who have not had to deal with this kind of pattern recognition. There were a lot of people that thought that it looked too picture perfect so disregarded it, Guess what? They were taken the most by surprise and I know what it is like to...
BITBAY:BTCUSD BINANCE:BTCUSDT Hi, In this video I talk about upcoming potential moves of the market and the Wyckoff’s Accumulation Schematic that is currently forming on the charts. If you found this video helpful follow me for more similar content ,leave a like and tell me what is your opinion about this pattern in the comments!!!
At the moment of writing we are testing the 36k as support, when this holds it is likely that we are not going to another lower low in the near future. The 36k is supported by two fibonacci retracements and has been tested before. If we hold support it is likely that we will try to reclaim 37k for this to be effective and succesful an increase in volume is needed....
I am seeing a head and shoulders form here in the Bitcoin charts. I am waiting for a breakout and confirmation of the neckline, if that is the case then I will be shorting BTC. My ideal entry price will be around $36.5k and my ideal profit zone will be <$35.5k. I also believe on the macro we are going into Phase C of a Wyckoff accumulation #2. Which predicts this...
Attempting to map out a potential accumulation for ETH. I would expect it to trend closely with my mapping of BTC Wyckoff accumulation (linked below), but the timing seems to deviate. I see the crypto market dropping to test the pervious lows once more before continuing a bullish momentum for the next few months. Comment your thoughts bellow
Last night we failed to reclaim the 36k, this was an important level if we wanted to see some more upside. After getting rejected on the 36k (which was also a .236 and 0.5 fibonacci level) we fell down to test the first support level of the wyckoff model, at the time of writing it seems to hold. When this holds we could see a small increase in price but in the...
Hi everyone, Thank you for considering reading my idea. In this 1h chart, we may be in the middle of Phase C and starting Phase D of the Wyckoff Method - Accumulation Phase. In Phase D, we should see sign of strength (SOS) in the market that should be HIGHER than the automatic reaction (AR) and with higher volume. We can also see that we are making a HIGHER HIGH...
BTC maybe going through a Wyckoff accumulation. Most of the market is currently following the overall trend of BTC so this distribution may be in play across the entire crypto market. The yellow path is my predicted path of the market in the near future. Please leave your thoughts below. SOURCES: Unable to provide original source due to account limitations....
I was tired of seeing FUD videos and prices that didn't make any sense at all. HERE THE MOST IMPORTANT VIDEO OF THIS BULL RUN CYCLE. CHILL AND ENJOY.
In contradiction to what I was saying in my previous analyses Bitcoin made a pump last night after finding support on the golden pocket level of a fibonacci trend-based extension (.618- .66) and creating a low at the 1.618 of a trend based fib extension *. Due to this pump I think that it is less likely that the bitcoin price will have a spring, therefore, I...
wyckoff accumulation schematic #2 chart follows and we can see a dip in coming time and this could be last dip and we can see the june month as a green month keep your trades short and secure till now 31-30K are the targets for the dip
Going to keep a very close eye on this potential Wyckoff Accumulation reversal. Especially with the sentiment in the market this would make a lot of sense. Food for thought.