Wyckoff Accumulation?Going to keep a very close eye on this potential Wyckoff Accumulation reversal. Especially with the sentiment in the market this would make a lot of sense. Food for thought.
Wyckoffaccumulation
BTC Wyckoff Accumulation (A followup from my previous idea linked bellow)
I believe this scenario to be less likely than my pervious idea but am posting it hoping for feedback.
This is a second idea still keeping to Wyckoffs accumulation schematic.
It may be possible that the accumulation period is shorter than I stated in my previous post.
Changes:
I've moved ST to just below AR.
STB replaces the previous ST.
If this is correct then it would seem that we are approaching the "SPRING" very much sooner at just below 28,000.
Please comment on if you think this idea is or my previous idea is more likely.
AUDJPY accumulationPrice is willing to go up as AUDJPY has shown sign of strength.
The next point of interest would be around 85.500 as we look to fill an imbalance
TWTUSDT WYCKOFF DISCTRIBUTION ANALYSISTrade Proposal:
There is a probability of first tp to the proposed ( 0.87 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short term goals.
Technical analysis: TWTUSDT Waiting for the Range Bound and the beginning of the Ascension Trend.
BTC Wyckoff Accumulation This is my first time publishing an idea.
I've been reading on bear patterns and came across "Wyckoff Acccumulation Schematic" on google images.
I've attempted to forcast according to Wyckoffs schematic. I suggest googling it to compare it with what I've drawn.
From my understanding, accumulation patterns precede a a large bullish momentum - so I see BTC resuming a strong bullish trend after June.
Please comment on changes you would make to key points corresponding to Wyckoffs accumulation schematic
Wyckoff Accumulation or Inverse Head & Shoulder $ALGOWhat do you think plays out?
This is the same for $BTC and most alts right now.
Classic BTMM weekly cycle?The classic forex-like behaviour of BTC this week seems to continue playing out.
Sunday/Monday: stop hunt rise and drop
Monday: false move week beginning, a drop lower
Late Monday to early Wednesday: continuous rise with small level test above / at Sunday stop hunt
Early Wednesday: midweek reversal, top of the pattern
Mid Thursday: second leg of the M
Thursday/Friday: completion of the M, drop into level 1
Early Friday: continuation to the downside, level 2 and level 3 to be confirmed
Should this play out, it also fits within a Wyckoff accumulation pattern on the daily, with the Secondary Test (the Monday stop hunt) being broken and a new low printed before a rise to test the high of the Automatic Reaction level at 40k-41k.
Scary stuff.
Current Wyckoff AccumulationHey guys,
just me 2 cents about the current situation. Looks like on on point to me :)
Best
redpunk
Continuation Wyckoff Distribution on Bitcoin 1H is the low soon?As we can see the Wyckoff schematic still holds correctly, after getting rejected on the .618 (the second pink circle) last night we are currently testing the support of the .618 fibonacci retracement of the first wave (may 23rd to may 24th). This in combination with the support that was created by the low on 25th of May. If the support holds we could expect an increase towards the 0.786 retracement as a fourth wave.
The current price of today is also testing the 1.272 fib trend extension. When this holds as support it will create another indication that the price is more likely to increase before we are going to see another low.
Ethereum - Accumulation Schematic: Wyckoff Events and PhasesHi guys,
just wanted to share an updated version off the Wyckoff accumulation.
We we see resistance around 3k I would say it is very likely to play out like that.
Because ETH is so bullish its possible that we won't touch support but only go to the green area.
Wyckoff accumulation ideaStill new to this, but for now seems like we are following a Wyckoff accumulation. Confirmed Phase A, looking to reach Phase B levels.
PLTR forecastpossible spring might have formed at $17. If price rally up to $24 in the current bullish trend, support will be formed at $18. If not we will expect price will drop to ~$15
If right now, BTC is being Accumulated, Wyckoff methodIf right now, BTC is being Accumulated, Wyckoff method
Wyckoff Accumulation Micro Analysis of Bitcoin PricesI am simultaneously publishing Wyckoff Accumulation micro and macro analyses.
For a full writeup of these analyses, please visit: www.booyahtraders.com
Wyckoff Accumulation Macro Analysis of Bitcoin PricesI am simultaneously publishing Wyckoff Macro and Micro Analyses of bitcoin prices.
For a full write-up of these charts please visit: www.booyahtraders.com
GBPUSD ACCUMULATION LONG IDEAGBPUSD ACCUMULATION LONG IDEA
PT5 IS 4.75 RR
BASED OFF OF WYCKOFF ACCUMULATION SCHEMATIC #2
medium.com
NOTE: SCHEMATIC #1 CAN STILL PLAY OUT WITH A SPRING THAT BREAKS LOWS OF ST(B), THIS WOULD PROVIDE OPTIMAL ENTRY POINTS WITH A TIGHTER STOP
OILBRENT WYCKOFF DISCTRIBUTION ANALYSISTrade Proposal:
There is a probability of first tp to the proposed ( 68.0) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
OILBRENT is in Downtrend and It is Expected to Continue Downtrend.
Bitcoin - Accumulation: Wyckoff EventsHi guys,
after realising that Bitcoin exactly followed the Wyckoff distribution schematic I tried to draw the Wyckoff accumulation schematic on the chart.
Actually it works pretty well.
You can find further infos here:
school.stockcharts.com
USDOLLAR WYCKOFF DISCTRIBUTION ANALYSISTrade Proposal:
There is a probability of first tp to the proposed ( 92 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short term goals.
Technical analysis: USDOLLAR Waiting for the Range Bound and the beginning of the Ascension Trend.
