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Spring

EURUSD - This how a Wyckoff Spring Formation looks likeEvery chart has a story to tell and this is the story of this chart The Story: We are on a heavy down trend Broke Support Level but with a very high PVR This High PVR on the down wave were buyers. How do I know? I do not at that time, but I do know later on because price never broke the low of the down wave Fast move up The confirmation is the down wave with the High SI of 15.0 = HTMD (Hard to Move Done) ...and finally the entry is the up wave breaking the resistance level + more confirmation the PRL signal Result 68 pips and now ranging. Looking for the next entry with the classic text book entry "Exit from Range with Plutus" Enjoy! Learn to Read and Trade any Market
Long
by TradeTheVolumeWaves
CHZUSD: Holds Demand Line as it Attempts to Spring Above SupportChiliz after Retracing to the .886 PCZ of a Potential Bullish Deep Cypher has bounced back into a Previous Zone of Support and is now Holding on to a Potential Demand Line. It also appears to be double bottoming on significant timeframes at these levels. If CHZ can successfully hold the line here we could see it go up to target the Neckline of the Double Bottom at and if things go really insane we could see it make a full upside .886 Retrace.
Long
by RizeSenpai
Solana Showing Signs of Life Near the PCZ of a Bullish SharkSolana after bringing us a Weekly Double MACD Bullish Divergence Below Support has managed to Spring Back into the Major Support Zone that is confluent with a 1.618 Bullish Shark and is now Preparing to Bullishly Engulf the previous weekly candle in an attempt to hook on to the zone. This can lead to us confirming the Old Support Zone as Support Again where we could then rally off the Support and take off to the Minimum Harmonic Target of $133.86 and if things are really Bullish; All Time Highs. My only worries for this coin are it's previous connections with FTX but perhaps the technicals are hinting here that the FTX impact is not as bad as I initially perceived.
BINANCE:SOLUSDLong
by RizeSenpai
1
BTC update after CPI data released. Hi dear community and my loyal followers. As you know actual CPI data released 7.1% but had expected 7.3% so both stock and crypto market reacted the news positively and pumped making the market green. If you check my previous analysis about BTC short term update, You can see that I warned you about it, tweeted about new updates how I closed my short position at 16.8K and opened long at the same level. I'm looking at daily timeframe and as you see I expect BTC bullish move towards 21.5-22K if it flips green zone and at the same time OBV breaks the mentioned blue channel and confirms trend strength with volume. When you look at my daily chart you can notice how BTC diagonal support trendline held & how beautiful triple bottom on OBV chart played out very well. If BTC breaks the mentioned green zone 18.5K it will confirm and increase probability that my previous analyses were accurate about BTC bottom and Wyckoff accumulation phase. As you remember I mentioned many times that BTC real bottom was at 17.5K in June and the recent dump from 17.5K to 15.5K was a false breakdown/bear trap/ with double bottom pattern + many bullish divergences like 2021 November top which was a false breakout/ bull trap/ with double top = many bear divergences. At the same time I published Wyckoff accumulation phase and told you that the recent dump from 17.5 to 15.5K was a spring. As you see on the chart I expect red line scenario for coming days. BTC more likely will hit 21.5-22K supply zone and rejects at that area and tests 18-18.5K resistance, then hits upper band of the Wyckoff accumulation zone. If my scenario plays out, it will also confirm the weekly falling wedge breakout and retest posted bellow and my previous analyses. Check bellow other bullish weekly charts and indicators I'm going to update. If you like my ideas and analyses, don't forget to like and follow for further updates. I will appreciate any single follow, like & comment.
Long
by ergal91
6
Litecoin to Bitcoin is Peaking Back Above Very Historic SupportLTC/BTC have traded against eachother within this huge range since the beginning and this range has always been well respected and now we are on the lower end of the range and have broken out of a Falling Wedge and are now Piercing back within the support zone we very much needed to stay above and now could be looking for a retrace back to the upper end of the range up at 0.025 BTC. if we then break above that level LTC will have likely have Blue Skies from there and could go well above 0.05BTC.
Long
by RizeSenpai
Wyckoff accumulation phase of a lifetime? I've posted my first accumulation idea here back in August 22nd And it seems to have played out nicely. Excited to see where this goes as I see this as an accumulation phase of a lifetime. We'll potentially reach the bottom within the next few weeks/months and this seems like a great time to accumulate BTC. If Tether shows itself to be the next falling knife, we'll for sure reach levels below the currently indexed ones. But maybe that can be averted.
BITSTAMP:BTCUSDLong
by AlexWasTaken
3