It's evident that the accumulation phase is approaching its conclusion sooner than expected. The US100 index has notably fallen short of breaking its all-time high. Could this signify that major players are now offloading their positions to retail traders like ourselves? Even in the best-case scenario, substantial market shifts are occurring. I'd love to hear...
Hi guys,
Everything is on the chart and also explained in my previous idea. please check out the idea in the link below.
It's a neat, clean, understandable Wyckoff schematic on BTC. it scores 7/10 based on legibility.
Feel free to leave comments...
AMC looks to have found a floor at these levels. It’s a high demand stock has a lot of shorts. This is the longest floor amc has been in, in a while. And CEO came out and said Retail owns the float. So the downward pressure has to me mostly shorts. Which this long floor it’s possible this could be a Wykoff Accumulation method to break out of this supply and demand...
hello 👋
This is just an update/refinement of my Wykoff interpretation....i feel the more i post the cleaner it gets
i also took an order block trade down at support.
thanks for reading
Good morning reader 👋
Here is my analysis on the current consolidation phase we are in with SOLANA.
i labeled everything on the chart for an easy read.
i am just getting familiar with the Wykoff method so this is just my interpretation and could have mislabeled some areas
so feel free to express your thoughts in the comments below or give a like if you agree.
BTC seems to be ready to move back up and perhaps it will be going after the 200ma. I would like to see more volume come in and if it can increase a bit I think we will see $57k pretty quick. NFY DYOR.
This prediction is based of the apparent recent Wykoff distribution by forecasting a Wykoff accumulation. It assumes the long term trend line will hold support, yet perhaps seems a little bearish given the indicators shown below it. This is due to the number of upcoming end stakes. At this point new all time highs for the end of the year remain in play.
price at last point of support in re-accumulation zone current support at 2.350 expecting price might moving above 2.350 base on demand still increasing.
if price able to move above CREEK at 2.435 we will see another MARK-UP move.
im watching for trading opportunity.
Since there was such an overwhelming interest in weird things I find in gauging the market....I made this video that breaks down 4 stocks that I used Past Trend prediction on and paired it with Key Code to show confluence on these stocks going Up. Keep in mind these are 2 different paths from 2 different time periods and completely different moves altogether. If...
Now that US Markets have opened up... I'm starting to see clues of a bottom reversal.
Bearish volume has been declining... 👇 while the price has been dropping. 🤷
Effort < Result.
At this stage with low volume and prices appearing to be creeping up (on the lower timeframe)... this could be a sign that sell pressure is exhausted and whales are accumulating...
Bitcoin Has Entered Into Accumulation Phase, Confirmed By Selling Climax and Followed By Automatic Rally.. I Expect It To Form A Trading Range From Here (10.5k - 11K Range)..
Let's Wait For The Change Of Character In A Few Days Time To Confirm Bullish Bias.
Bitcoin So Far Has Maintained It's Bullish Momentum By Breaking 11K
