WyckoffMode

20:00

WyckoffMode Updated 

Hi Everyone! I wanted to provide more clarification on "why" I believe the price action will continue to trend up for the Near to Mid Term by using my indicators. I also pointed out the importance of allowing a candle to "close" before confirming bullish or bearish divergence. EXAMPLE: If we determine we have bullish divergence and we are prepared to open a...

19:59

WyckoffMode Updated 

Hi Everyone! Is it possible we have seen a long test of support "after" a Spring event in Phase C and currently going up to $0.3050 to $0.3135 before a pullback with our first Last Point of Support (LPS) of multiple LPS events before eventually closing above $0.43 cents with a Sign of Strength in Phase D? Yes, it's possible this is what we are doing now in MACRO...

20:00

WyckoffMode Updated 

Hi Everyone! Some on YouTube have expressed concern we may see s significant pullback similar to what we saw with the COVID Dump in 2020. The purpose of this video is to point out the following: If we are to see a pullback similar to the COVID Dump of 2020, we are not ready for such a dump. We are still at least a couple of weeks out away from anything like...

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...

20:00

WyckoffMode Updated 

Hi Everyone! The purpose of this video is to DEFINE "when" we have officially begun a "full fledged" Bull Market. Well, in relation to Wyckoff Method 2.0, the Bull Market "officially" begins when we see our transition from Phase C into Phase D with a Sign of Strength event. We had our transition from Phase C into Phase D with a Sign of Strength event in March,...

20:00

WyckoffMode

Hi Everyone! The purpose of this video is simply to provide a bit more "understanding" of how we conclude the difference between 2-Tiered Accumulation resulting in a period of RE-Distribution - or - in our case; a Descending Wedge Accumulation Schematic. It's IMPORTANT to remember I'm referring to MACRO Analysis. Happy Trading and Stay Awesome! David

19:55

WyckoffMode Updated 

Hi Everyone! If we do not have a Black Swan event, we will see a transition from Phase D into Phase E with a Sign of Strength event. The entire Near Term Group of time frames (12h, 24h, 2D, 3D, 4D, 5D, 6D and 1W) look very bullish at present. Even the entire Mid Term Group (4D, 8D, 9D, 10D, 11D, 12D, 13D and 2W) look like we have decent potential for the price...

WyckoffMode Updated 

Hi Everyone! I've been asked what my projections are for Cardano in this current Bull Cycle. My estimated projections is a minimum of $9.2099. This puts the market cap at that time at around $500 Billion for Cardano. I know... Sounds crazy. We'll see... Happy Trading and Stay Awesome! David

19:57

WyckoffMode Updated 

Hi Everyone! It's looking like Bitcoin could be working towards a potential Sign of Strength event; which could carry us up near $40,000. There would have to be some kind of major black swan event to force Bitcoin down to near $20,000 for a Wyckoff Spring event. Must we have a Wyckoff Spring in Phase C of MACRO Accumulation? NO... That is NOT a requirement;...

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...