puttoAZ

puttoAZ Updated 

Looking at the 4h chart, it can be clearly seen that it is in an accumulation phase. We are currently after the 2nd ST and will test the UA zone at 0.1276. To do this, we need to look at the chart more closely. On the 1h chart, we can see that after the 2nd ST, which went all the way below the grey support, a micro Wyckoff accumulation is also happening, which...

puttoAZ Updated 

BTC is probably in a reaccumulation phase, which is confirmed by the volume for me. There was more trading at the local bottoms, which is why we assume accumulation. I also marked these accumulations with red ranges. There are two options, one is the blue faster way, the other is the slower but more likely option (purple).

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We are so out of volume that a correction is even more likely. Everyone is waiting, but somewhere along the line, patience runs out. This can simply be seen from the moving averages and how much volume has been used up. In 80% of the cases with such a moving average, there is always a correction, at least up to 50vwma (black). And from the running out of volume,...

puttoAZ Updated 

If we look the weekly BTC chart, we can discover an other Wyckoff pattern. This is the distribution pattern. I feel this pattern perfect continuation of the previous analysis : And I think if we look the montlhy chart....: So I think we go to ~54k, and then down to ~20-25k.

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$BTC at resistance... my original thesis by lightgray line (from Jul.2.), and the updated blue line. So I think we are in a Wyckoff accumulation pattern, and this is the final stage, if the next support test will success. Resistance : PSY leg & AR peak Support : spring leg & SC leg Next step : go testing support again ~19,5-20,5k, if we lucky, the test success...

puttoAZ

So, as I sad, I expected when bearMA to be greater than bullMA.. This happened first (week)2022-March-07 and the second (week)2022-April-11.. Prev. analysis : "Just like in 2019... so the next station is the weekly 200MA, but first maybe wee get a little pump to 50k before go to 25k." So, this wasn't happened.. And BTC started down to support. As I showed, in...

puttoAZ Updated 

I made a BTC:USD analysis based on my own buy-sell volume indicator, and I want to share the result with you. The indicator introduction: I build a volume indicator, which separates the volume to buy and sell volume (columns), and contain two MA lines derived from the buy-sell volume, the green one is the bullMA from the buy volume, and the red one is the...

puttoAZ Updated 

Maybe BTC is in an Wyckoff accumulation pattern on the daily timefrime. The range is between 33-46k, the upper zone is 42-46k, the lower is rise from 35k. If the upper zone test will success, we are ok... if not, we go to under 30-32k levels again, and the monthly chart and MA lines are not so good.

puttoAZ

Just an idea, but if my conclusion correct, BTC is in a Wyckoff accumulation pattern, that is between 33-38k. If the upper zone test will success, we are ok... if not, we go to under 30-32k levels.

puttoAZ

It is just an idea, but I feel valid this chart.. Based on 50VWMA (D), and 7EMA (D), and the mid diagonal from the latest top. Because the 7EMA crossed the 50VWMA and the daily close was under...

puttoAZ

I think it is the time to a correction. So, After 6 weeks of growth, maybe we get a correction to 44k (4h 200MA) and than maybe 42k (fib. 0.382 on 42550$).. This is not a financial advice! Always trade based on your own decision!

puttoAZ

Bidao is in a very cyclical pattern, in an ascending triangle. Time to buy some $bid... #NFA not financial advice!

puttoAZ

If we look at the previous cup-handle formation (2014.08 - 2016.05). When the alts did the first ATH again (2016.05.23.), they accumulated for 42 days, and then suddenly grew up to 250%, and then start a long accumulating session for ~150 days... And now, the alts did the 2018 ATH again (2021.02) ~45 days ago, this is very similar to the previous formation. So,...

puttoAZ

This just an idea, and a possible scenario.

puttoAZ

Total2 correction, and just an idea, but this is maybe a 4yo cup and testing the 2017 level?