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...
Was this our Wyckoff spring? Looking at the Wyckoff accumulation schematics and I have mapped out the events on this chart. Many are calling bear market, potential drop into distribution, etc. So much FUD and negativity at the moment. Personally I HODL and wait. Looking forward to Alonzo upgrade and smart contracts. ADA has a bright future ahead.
Was this our Wyckoff spring? Looking at the Wyckoff accumulation schematics and I have mapped out the events on this chart. Many are calling bear market, potential drop into distribution, BTC to 16K, etc. So much FUD and negativity at the moment. Personally I HODL and wait. Only time will tell...
Trade Proposal: There is a probability of first tp to the proposed ( 20.16 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short term goals. Technical analysis: USDMXN Waiting for the Range Bound and the beginning of the Ascension Trend.
Phase A. Stopping the previous bearish trend. • PS. Preliminary Support. It's the first attempt to stop the downward movement that will always fail. • SC. Selling Climax. Climate action that stops the downward movement. • AR. Automatic Rally. Bullish reaction. An upward movement that sets the maximum range. • ST. Secondary Test. Test of the...
EU has been reaccumulating for 1 Week. Price sprung around 1.21350 as expected. Waiting for JAC to occur as a bullishness confirmation
Trade Proposal: There is a probability of first tp to the proposed ( 0.87 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short term goals. Technical analysis: TWTUSDT Waiting for the Range Bound and the beginning of the Ascension Trend.
Trade Proposal: There is a probability of first tp to the proposed ( 68.0) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: OILBRENT is in Downtrend and It is Expected to Continue Downtrend.
Potential reaccumulation scenario for HTRUSDT. Macro structure (ascending triangle) broke down, but I do not necessarily see this as bearish. It would appear that the price action may be following a classic wyckoff reaccumulation pattern. Price just completed a secondary test after a spring off previous ATH region and looks ready for a markup and "jump across...
Hi Guys, Looks like another Wyckoff re-accumulation has been formed at DOTUSDT, the price is now testing the supply & demand at top of the trading range. Follow the price action and look for the signs of a successful test and reversal to enter long.
A test of the neckline followed by a jump across the creek, a build up, and then mark up
Looking for a sign of strength following by one last LPS
Dears, Classical accumulation and distribution phases on the market are often mixed together. Especially when bears do not end their supply when new bulls come in, not waiting up to the end of the supply. This phases, when in bulltrend bears start to supply and new bulls come in very quickly are called reaccumulation. However, to recognizing the distribution and...
DOT has been in a re-accumulation structure since Feb 22nd when market leader BTC had its sell off and correction. Accumulation has almost been completed and we have left the range in the form of a macro timeframe re-accumulation above our trading range. Ordinary shake out failed to push the price down lower and so far in the current smaller structure we are...
After forming a Wyckoff re-accumulation structure, NASDAQ:CG , NYSE:COTY , NYSE:IPG and NYSE:MET just started a bull run with buy signals spotted. In this video, you will find out how to participate right at the beginning of this uptrend with simple breakout trading or pullback trading strategy.
Arrows indicate Spring actions on January's re-accumulation and February's accumulation after decline. Currently in our re-accumulation we have perhaps been just subjected to a "terminal shake out" which saw us drop down to $50400 and a wick down on the daily into our old trading range. We have managed to rally up and break our local trend line, if we keep this...
LINK has been re-accumulating since BTC profit taking event on FB 22nd. Steady accumulation, broken out of its local resistance and is now forming a macro accumulative structure above its trading range with exhausting supply forming higher lows. Looking to see a break of regional resistance soon, continuation expected.