A price prediction for the ENS token using a Wykoff Accumulation pattern on the 2-hour chart for ENS/BUSD on Binance.
The initial spike in price on Binance has been omitted from this prediction as it was mainly due to the listing of the token on Binance and the spike in liquidity that came with it to the platform.
Looks like ENS is currently headed into Phase C of...
Long term overview. higher time frame patterns and potential cycles. This chart simplifies overall concept of where we can properly assume smart money to be making heavy plays. XRP has stood the test of time. As long as the bulk of long term investors into the ripplesphere don't suddenly this could still be the best rythmic asset for long term over all gains. The...
Here I am with another analysis.
This time I focused on on the Bollinger touch bands indicator signal.
Well, we have just turned green again!
As you can see, when we turned green in the past it meant we were close to the bottom or we already hit the bottom for good.
Food for thoughts.
FOR THE RECORD IM NOT A BULL.. I SHORTED ETH FROM 4350 ONLY 20 DOLLARS FROM THE TOP..
A SHORT LIQUIDATION EVENT IS IN THE WORKS..
IMPORTANT!!!: TARGETS ARE JUST AN ESTIMATE.. MY POINT IS I BELIVE WE ARE STARTING A 3RD ELLIOT WAVE UP ( 3RD WAVES CANNOT BE THE SHORTEST WAVE )
I observed a Wyckoff Accumulation Pattern on the weekly chart of GBPUSD and I wanted to share the event and phases of Wyckoff schematics.
Wyckoff(1873-1934) was a pioneer in the technical analysis of the stock market. At the age of 15, he started his job as a stock runner for a brokerage in NY. He observed the studies of JP Morgan...
Last week I blasted out my own take of what was happening in the Crypto Market. Specifically with a variation of this BTCUSD chart. I began to explain the bubble what caused it, and most importantly what this pop will look like. A delightful follower send me to look at the Wykcoff Method, which led me down a rabbit hole that really allowed me to zero-in on this...
It appears the fall from 58K was a shakeout and we are in an accumulation
*Diminished selling volume at resistance
*Higher lows throughout structure
*Spring like action
*Inability of price to create meaningful sell off to the bottom of the range
Targets are 55K and 58K
Old Mutual had high volume days last year that alerted us to some pending action - see posts below. Yesterday there was again some volume indicating the buyers are back from holiday and ready to continue the markup with some space to move.
We are in a bearish MS overall on the higher time frames. And market just broke Market Bullish Market Structure so we can expect an retracement to the recent high. Before price continue selling. So I spotted Accumulation Schematic 1 on the 3 min Timeframe for possible entry.
We are in a bearish MS overall on the higher time frames. And market just broke Market Bullish Market Structure so we can expect an retracement to the recent high. Before price continue selling. To either the Weekly or Daily OB/Demand zones or FVG. With Elections coming up it will be interesting to see how it plays out. Really haven't looked at any Wyckoff...