Here Comes Nothing lol Wyckoff method currently in Distribution phase , Short time baby
LUNAUSDT Wyckoff Price Cycle, showing accumulation area and distribution area.
The VET price had been observed in a horizontal re-accumulation trading range from Jan 22, 2022 to Mar 27, 2022. The VET price exited this re-accumulation trading range with the SOS rally. I will make a long entry at the BU/LPS event (around $0.07) and take profit around the next resistance cluster around $0.10. The upper and lower boundaries of the...
According to my analytical view, BTC is already in the Demand Zone position, with the Average Price at 38169, and has been rejected on the Daily Moving Average (WMA-1000) line. And also forming the Second Leg of the Wyckoff Pattern (H4 Timeframe). Thus, it’s expected that BTC will return to its main trend, which is going up.
Looking good, adding some labels for better explanation. Being a RE-accumulation after the fomo/hype sell off top, the labels begin with typical distribution labels. IF all goes well, volume will drop off as the price set's a last point of support, we should then see a sign of strength leaving the range, most likely a back up to creek edge, and then a...
The purpose of this idea is to give beginner analysists a introduction to some key principles and methodology used in understanding the movement of price within markets. One of those key principles is Market Phases, and we also use the Wyckoff Method to help us understand these Market Phases further....
1. Who is “Wyckoff”?: ----------------------------------------------------------- Richard Demille Wyckoff (November 2, 1873 – March 7, 1934) was considered one of the five “titans” of technical analysis, along with Dow, Gann, Elliott and Merrill. At age 15, he took a job as a stock runner for a New York brokerage. Afterwards, while still in his 20s, he became the...
Standard Wyckoff overlayed on the BTC chart mid-december 2021, and respected since... but, for how much longer?
The DOT price has been observed in a horizontal re-accumulation trading range from Jan 21, 2022 to the present. The DOT price is pushing up against the trading range resistance in what appears to be an SOS rally. I will make a long entry in this presumed SOS rally (around $21.5) and take profit around the next resistance cluster around $28. I may add to the...
Great trade, based on Wyckoff Method coupled with 2x VWAP/100ma/Volume setup for price action. Exit at 44k respected beautifully. Bitcoin could be on the road to healthy bullish recovery if we pass 45k.
#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...
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...
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
Based on Accumulation and distribution the charts are showing that bitcoin has finished absorbing the float and should start moving aggressively to the $49500 price mark. by iCantw84it 03/19/22
Hello friends ! The INTC campaign begins its journey and now we are in the testing phase of the climate action
Just reposting this witha regular chart ignore the Strategy below I am not using that. by iCantw84it 03/16/22
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...