A: Find a new resistance, volume was high too B: Test and failed the resistance C: Attemp to break but it won't even be near D: Fail at the support zone E: Break heavily with a high volume F?: It could be a pullback to the break to immediatly continue failing to the next support zone
XRP - completed its A,B,C correction. looking for a Elliot wave too 0.65 - this would be the next resistance level's. first looking to get back into the creek then would expect a breakout! XRP being XRP, likely it pulls back then stalls with the long grueling lawsuit holding it back * lawsuit due to come to an end any week - which makes this coin very...
Bitcoin breaking out of its downtrend following a elliot wave down. I believe we have just seen the LPS (last point of support) this is where we see BUEC price dips then rally's (back up to the edge of the creek) still waiting on todays candle for confirmation. once we get back into the creek i would expect the price to finally break out of this range heading too...
FOMC paused rates, and created a bearish move! anticipated a pull back from this level, I was leaning towards another rate hike just to cause this potential shakeout. bullish on BTC once we find a bottom.
Since I have been using chatGPT, I have taken a very bullish approach to all things ai. This stock is one of the leading in its sector. While charting it I noticed it had the same Chart Pattern as VEEV in 2017. Which went from 17 - 50 in 8 months. So far this stock has spent 4 months under institutional control since it hit its low and started Accumulation. ...
TSLA on the 4H chart started 2023 with an upward trend taking it from basically $100 to a doubling by February 15th then a reversal in a fibonacci retracement fashion to mid level level by March 10th with a bounce up and then resettled in the same area by April 20th then holding above the upper of a VWAP band until its reversal a week later. At...
Hi there this is CAPEFOX Btcusdt Long to 28200 Approximately Based On Wyckoff HOPE FOR YOUR BENEFITS;)
"Okay, today we can look for a deal on SELL in the desired areas for the BTCUSDT currency pair. We can consider these deals in two stages, which can be pursued until the desired liquidity. Both of these deals are profitable with a 1 to 3 ratio in the worst conditions, which can be seen as a successful trade. These trades are based on the principles of recursive...
"As you can see in the image, this currency is now in the order block area and with the confirmation of the Wyckoff method, it has a high chance of increasing in price to the two liquidity levels above it."
For fun i was just re reading up on Wycoffs Methods and decide to put it on the chart to see how it holds up (to the well known photo) which it really doesnt have to look anything like the photo just so long as those steps or should i say Causes and Effects or Efforts and Results happen, it can better help you know whats happening. and not all of them have to be...
GM! Getting close to some serious moves in XRP. predicting take off begining of june based of this wycoff acumilation.Watching Mike Maloney latest video. rather fitting background. #aligment
This chart is for entertainment purposes only and setups up a possible bear scenario. I'm not an expert at distribution patterns but I thought it would be fun to see if this might fit the pattern. I don't think gold is excluded from the 'everything bubble' that the Fed is trying to pop. The Fed has been very clear that interest rates are going to go higher and...
In phase D of the Wyckoff scheme. I would buy ONLY after the price passes the High of SOW. The TP would be based on the volume profile of a higher timeframe. Good luck. -m
Hello friends. According to Waykoff's method, we are witnessing the formation of its phases, it is expected to move towards phase D and E, so such a movement is not unexpected for this currency.
It looks like we are in the final phases on a wyckoff distribution.
A rough estimate of a Wyckoff Accumulation going into 2023, the in between movements of the accumulation is suppressed just general direction and targets
Either a good looking bottom or a massive rug pull. Worth dipping my toes in.
Bitcoin is playing out a picture perfect Wycoff Accumulation phase so far. will be watching for a rejection at range highs and then a spring to 15-16k. The accumulation phase is a sideways and range bound period that occurs after a prolonged downtrend. This is the area where larger players try to build positions and shake out smaller fish without causing much of...