Confluences:
- Daily had huge buying volume to the upside and then immediate selling volume indicating manipulators are in the market
- Buying manipulation stopped out any seller liquidity left on the market
- Selling pressure got below Daily S&R and retesting as Resistance with signs of weakness to the down side on lower time frames
- Buying liquidity is till in...
Looking for a Wyckoff accumulation setup for a potential buy on ETH
1) 1hr swept liquidity and then ran up to make a new high confirming the low before the high as the spring
2) price pulled back to make a higher low as well as test the spring/institutional candle on 1 hr timeframe
3) then got a 5 min re accumulation within the 1 hr institutional candle which...
WYCKOFF ACCUMULATION ANALYSIS (Currently in this trade)
15 Min timeframe beautiful accumulation as the spring has taken out early buyers
this gives big holders the green light to now take their positions and pump BTC
5 minute timeframe has another re accumulation that gives more confluence price wants to pump
got a break above the 5 minute highs
lets see if we...
Confluences:
1) Daily Market structure is bearish
2) 4HR Retesting previous Demand as new Supply
3) 1HR Bearish engulfing candle stick pattern at the new resistance
4) 1HR Break and retest of support as new resistance showing evidence of potential continuation lower
Confluences:
1) Daily Market structure is bearish
2) 4HR Retesting previous support as resistance
3) 1HR Bearish engulfing candle stick pattern at the new resistance
4) 1HR Break and retest of support as new resistance showing evidence of potential continuation lower
Confirmations/ Top Down Analysis:
1) Market structure bullish overall
2) Weekly retracement down to a strong demand level
3) 4hr showing signs of strength towards the upside
4) 30 min bearish channel has been broken and retest
5) 15 Minute has buying pressure coming in
Entry after 15 min bullish candle close, stop below the wick
CONFIRMATIONS:
1) Market Structure longterm is bearish, short term bullish: looking to buy the retracement up and sell the expansion down
2) 15 MIN has completed its accumulation phase and is in the stage of reaccumulation which shows signs of strength in the market
3) 5 MIN institutional candle stopped out early buyers and mitigated out of previous institutional...
CONFIRMATIONS:
1) Super bullish on ETH
2) 1HR timeframe completed its bearish retracement
3) 15 MIN broke structure towards the upside showing signs of strength
4) 5 MIN institutional candle stopped out early buyers before making its run to a new higher high
5) 5 MIN inst candle also left imbalance that needs to be filled
CONFIRMATIONS:
1) Overall Market Structure is bullish
2) Market Cycle is currently in a reaccumulation phase on the 1hr
3) All early buyers have been stopped out therefore market is ready to continue higher
4) 30 MIN Timeframe is in a second reaccumulation showing evidence to go higher
5) 30 MIN Institutional candle left imbalance behind that needs to get filled...
Confirmations:
1) Structure: Bullish
2) Institutional Candle: Left imbalance, last down candle before up move and breaking structure and making a new HH
3) Liquidity: Taken by the institutional candle
Confirmations:
1) Liquidity: Taken by the wick
2) Structure: Bullish on Crypto
3) Institutional Candle: Last down candle before up move and breaking structure to make a new HH
4) Imbalance: left after the institutional candle
Confirmations:
1) Structure: Bearish
2) Institutional Candle: Left imbalance, last up candle before breaking structure and making a new LL
3) Liquidity: Left for targets on the topside and the bottom side
Confirmations:
1) Structure: Bearish
2) Institutional Candle: Left imbalance, last up candle before breaking structure and making a new LL
3) Liquidity: Left for targets on the topside and the bottom side
Confirmations:
1) Structure: Bullish
2) Institutional Candle: Left imbalance, mitigated out of previous IC, last down candle before making a new HH
3) Liquidity: Swept by Institutional candle
