I'm keeping a close eye on the price action behavior today vs what happened in the market in 2018. The bear market "bottom" formed over ~130 days before finally breaking up. We're just over 30 days into the pattern now, roughly 1/4 by comparison.
The "Woodie Pivot" settings are : Woodie -> Yearly -> 15.
This was an idea shown live on stream
Bear flags have a measured move associated with them when they break down. Two targets are reasonable determined based on where one might argue the initial leg down begins. I've outlined both in the chart.
Hey guys, EXTREMELY excited to share something with you, but before I begin there are a few things I need to cover:
A special thanks to my viewers who have supported me for ~16 months of weekly live streams. It is only because of them that I came across this, what could end up being one of my most important discoveries ever (yes that...
A brief idea to bring in your new year!
During the past 2 cycles, Bitcoin has found its cycle lows roughly 540 days prior to the halving. This happened in 2015 and then again in 2018. If this phenomenon is to happen again, we're now only 249 days away from the target of late Q3 2022.
Note: This is only an analysis on timing, completely separate and independent...
Wyckoff Distribution is nothing to sneeze at. This could signify **Big Money** (known as "Composite Operators in the Wyckoff world) leaving the market. This would indicate that they are cashing out, not caring what happens to price. Here's the schematic that I've identified: miro.medium.com
Additionally, this same...
Those of you who know me know I **LOVE** finding completed Wyckoff Accumulations. Today is a good day, because we found another one.
Introducing $UUUU. This stock has recently completed ~6 years of accumulation and appears to be in the early stages of markup. If you go through my related ideas of some other assets that have had similar setups, observe how...
BTC really only has 2 ways of going about it - it breaks up or breaks down. Rounding top (a bearish reversal pattern) would bring price back to the lows (and likely lower). A breakout would likely lead to ~10%+ bullish impulse. Place your bets!
For a clear visual, examine Wyckoff Distribution Schematic 1 here - miro.medium.com
Watch for a break of the trade range low (which will signal a multi month/year bear market)
Reminds me of the BTC distribution that I observed several months ago, linked below in the RELATED IDEAS area.