WyckoffMode

WyckoffMode Updated 

Hi Everyone! The chart above is an INTERACTIVE chart. Meaning, you can zoom in, zoom out, drag it around, etc... as you wish. I'll post the chart again below in a format intended for proper viewing as intended. There will be "multiple" black swan events resulting in the events of Phase C, D and E depicted in this chart taking place. Anticipate new COVID...

19:55

WyckoffMode Updated 

Hi Everyone! It appears we are on verge of transitioning from Phase C into Phase D with a "Sign of Weakness" (SOW) event. This SOW has a high probability of falling to $23,750 but also has a high probability of falling down to $22,350. The most important time frame at present is the 2-Week time frame. My opinion of course. This is due to the current level of...

19:54

WyckoffMode Updated 

Hi Everyone! Cardano (ADA) appears to be on the verge of transitioning from Phase D into Phase E with a "Sign of Weakness" event in RE-Distribution. Our MAJOR Distribution occurred in 2021 and 2022 and MACRO Accumulation began in early 2023. However, since we had an EXPONENTIAL Automatic Rally in Phase A of MACRO Accumulation; we are likely to see a period of...

WyckoffMode Updated 

Hi Everyone! I thought it was important to point out the indicators in the Mid Term Group of time frames (4-Day, 8-Day, 9-Day, 10-Day, 11-Day, 12-Day, 13-Day and 2-Week) are suggesting we are potentially on the verge of a major push down. The Red and Blue Lines for the PARXCES indicator (NOT Phoenix Ascending) are below level 50 or level 70 in most every time...

WyckoffMode

Hi Everyone! Decided to create a chart for Cardano (ADA) setup specifically for Potential "key" support and resistance levels/points for both diagonal ascending and for oval. It may be hard for you to tell; some of the "oval" support/resistance points are adjusted to the "wick" of a candle. Some are adjusted to the "close" and/or "open" of a candle. Each...

WyckoffMode Updated 

Hi Everyone! I decided to have a look at my Macro Ascending Diagonal Trend Line Chart to gain some perspective for what price target range we could be looking at for Bitcoins Buying Climax the end of 2025. I believe you will find this interesting.

20:01

WyckoffMode Updated 

Hi Everyone! Cardano (ADA) may have completed a Test of Support after a Wyckoff Spring event we potentially saw in June, 2023. However, I'm not going to assume this is for a fact the case. Remember, I'm careful not to make flat statements. It's still possible to fall further to around $0.1830. If we do, THAT would be our Wyckoff Spring event in Phase C of...

19:58

WyckoffMode Updated 

Hi Everyone! The 20-minutes allowed for video publications ran out during the creation of this video. Which means I will pick up where I left off with a "Part Three" video. I will follow up with screenshots shortly to allow you to see charts covered in this video. Then, I'll work on Part Three video and pick up where I was "cut off" in this video.

19:59

WyckoffMode

Hi Everyone! If you have not watched my three (3) part series on Distribution and Re-Distribution, you would likely find it very interesting. The Red and Blue Lines within Phoenix Ascending and PARXCES indicators are below Yellow Level 50 in every single time frame (12h, 24h, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week). Depending on the time frame; we see...

12:37

WyckoffMode Updated 

Hi Everyone! I picked up where I left off from the Part Two video. This video provides an explanation as to what will determine if we are in Phase E of a Descending Wedge Accumulation Schematic OR if we are in Phase C of a Two Tiered Accumulation Schematic. Here is the 2021 to 2022 chart along with POTENTIAL 2023 Re-Distribution: Why am I saying "POTENTIAL...

19:59

WyckoffMode Updated 

Hi Every0ne! I wanted to cover 2018 Distribution and 2019/2020 RE-Distribution before creating another video on 2021/2022 Distribution and "potential" 2023 RE-Distribution. This will be at least a Three (3) Part Series on Distribution and RE-Distribution with this being Part-1 of the Three part series. The purpose of covering 2018 to 2020 is to provide examples...

19:59

WyckoffMode Updated 

Hi Everyone! I pointed out in this video how we finally ended up seeing Expansion Down once the Red Line, Blue Line, Green Line and White Energy finally "all" fell below Yellow LEvel 50 in the Weekly time frame. It was the Weekly that was holding us up from seeing a significant move to the down side to my price range mentioned in the previous video...

19:46

WyckoffMode Updated 

Hi Everyone! Yes, we have a Wyckoff 2.0 Spring Event in Phase C. However, it's POSSIBLE this "Spring" event may not be over yet. It's possible to continue falling down to around $0.1457 but no guarantee it will continue falling down to that price point. In order to avoid continue falling down further, we need the Red and Blue Lines in the 12-hour to rise...

07:39

WyckoffMode Updated 

Hi Everyone! We are about to make our transition from Phase D into Phase E of Distribution with a Sign of Weakness (SOW) Event. This first SOW in Phase E will likely take us down to the 0.236 FIB Retrace at 3,021. So, in my opinion, we open a short and leave it open for quite a while right here. Happy Trading and Stay Awesome! David

WyckoffMode Updated 

Hi Everyone! Thought I should point out the increased odds for price action to continue going down over the next two weeks. We also have high odds of price action continuing down even lower the next 8-Week candle after this current 8-Week candle. We have 2 weeks remaining in the current 8-Week candle. Target range of 27,525 to 45,350 is taken from the White and...

13:21

WyckoffMode Updated 

Hi Everyone! After further investigation in historical price data with my indicators, I've determined I should change the requirement for the level of the Red Line in my proprietary indicator from greater than level 20 to greater than level 10 for the 4-Day, 5-Day, 6-Day and 1-Week. I'm leaving the requirement at greater than 20 for a long position in the 3-Day...

WyckoffMode Updated 

Hi Everyone! This is a potential Simple Rally event in Phase B of a Wyckoff Method 2.0 Accumulation Schematic we could be working on for ALGO. Near Term Group of time frames with focus on PARXCES indicator: Short Term Group of time frames with focus on PARXCES indicator:

20:00

WyckoffMode Updated 

Hi Everyone! The entire Near Term Group of time frames suggest we are still in a period of downward pressure; except for the 24-hour time frame. Yes, we see upward pressure currently in the 24-hour. However, do not assume this upward pressure can continue for any kind of sustained period of time at present. Why? Because the Red Line is no where near crossing...