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Spring

BTC possible Wyckoff Creek into SpringPersonally I have been favouring lower prices and retest of 28K This set up mid downtrend is not my favourite scenario but it is getting a little hard to ignore now Can see a few days of volatility decreasing and supply exhausting. Hate to admit it but there are conditions for a spring action here Not being the bottom saint but this could very well be the new low and perhaps bouncing on an apex style formation on higher timeframes (See last idea) Risk management must be applied well as always but the set up is too good to miss. Pay to play! If this fails then we look to lower prices...
FTX:BTCUSDLong
by PistonHonda
1
BTC in an accumulating phaseHello guys, as mentioned in previous ideas, im just a day trader sharing my ideas. Please do not take them as financial advice, always do your own research. As mention before, we've been shorting since 52k and waiting on BTC to descend to its highest support and demand zone, which spans all the way from 43k to 40k, to enter into some fresh LONG positions. In the past few days we've seen a lot of volatility, and the pair is trading at 41k at the time of writing. We can see a lot of buying volume rolling in, suggesting accumulation and leveraged traders are doubling down on their positions as the leverage ratio in exchanges is rapidly increasing (Which means traders are confident about their positions). Finally we can see an interesting pattern forming which would suggest a trend reversal, the Wyckoff spring. There are a lot of ideas here about Wyckoff's accumulation phase here on TradingView, so I won't get into the details, but if that is whats going on, we should expect a pattern like the one drawn play out in the next few days. I am still confident on my analysis, and Im personally happily accumulating more BTC at lower levels, averaging my positions. If the price turns down from 40k, we can expect to revisit lower levels like 38k. If that plays out all we have to do is stay calm, stay away from high leverage and accumulate at lower prices to average out our positions. Hope you guys are doing well and taking some profits along the way, money management is KEY.
Long
by cryp70g0d
Here we go again ! - BTCUSDT ANALYSISConclusion since the last analysis : we are always waiting for buying volumes and like I said in the few past analysis (attached to this one), if we don't find some buying volumes we will go deeper to find some. So, we didn't find buying volumes and it's kinda frustrating because the setup was pretty to have a good signal : exhaust of volumes, buying pressure, majors levels and a nice start of short U-Turn. Unfortunetly the closing candle of the US session was murderous, we didn't had buying volume .... so we go deeper with selling volumes. Did it change something for us ? Absolutly not ! I said "lower it is better it is" in the yellow area (because the biggest level is the bottom of the area) and when I spoke about volumes at the first stop I said that I was expecting the same reaction on the bottom. And here we are ! We have volumes again, we have a selling exhaust again, we have buying pressure again, we have levels again, so .... we wait buying volumes again ! And I prefer to specify : the down channel isn't reintegrated, we are always on it. Wyckoff pattern is hard to navigate, like I already explain, it's an emotional pattern, we search extreme fear to take the most of profit of the market. And until we didn't break the spring pattern there is no reason for me to change my vision of the future evolution. I remind : "Making money in trading is math and respect of strategy, so never let your emotions guide you in uncomfortable positions" . If you change your mind before the end of your strategy, you don't applicate what you learned for. What happen if we go deeper ? In fact, in my strategy it's the last level to considerate the spring pattern, and so, the wyckoff accumulation pattern. If we see a selling volume breaking the pin, it's the end of the pattern and I will look for the next setup to target. I said in one of my past analysis : "even if we go lower than the yellow area, don't forget that we are on support until $39,500 and we are not in bear market until $28,200" and it's always the case so there will be other opportunities. I also want to remind : 0 entry on market since my first analysis about this pattern (9 days ago). Some beginner which trade with emotions have probably already took 3-4 positions .... and 3-4 stop loss. I said PATIENCE, WAIT, you win money by not loosing it . So just continue to do it until you have a clean signal in your strategy. PS : Apologize for my english, I do my best. Don't forget to like, follow or even comment if you like, it give me some strength to continue !
by Kentg
What are we waiting for ? - BTCUSDT ANALYSIS - H1We are in the area targeted in the past analysis, we have a nice reaction on the spot, we have strong volumes, augmentation of the volatility, the stop hunt have been effectued, the spring is going on. So what are we waiting for ? The structure of the pattern is clear : we have exhaust selling volumes, buying pressure on the spot, confluence of levels. So we wait for buying volumes ! Like the past few days, on each support, I said to wait for buying volumes, if we don't find it we will go back lower to try to find some. Unlike the past support I think we will find some in this area, because of the pattern, because of the goal of the stop hunt and the spring. We eliminated retails and made the place for institutionnals. It's time to see if there is conviction in it. If it's the case follow the trend, else, wait for other setups. Also, I did the past analysis in 4 hour timeframe, if I decided to explain this one on the 1 hour, it's because of the configuration of the spring. Typically the reversal pattern is a V-Turn /Short U-Turn and evoluate in a mix of panic and precipitation. We play with emotions of investors, it's move strongly and fast, so we have a better view of what's happening on a shorter timeframe. PS : Apologize for my english, I do my best. Don't forget to like, follow or comment if you like, it give me some strength to continue !
by Kentg
2
Accumulation about to end BTC is going to new ATHwhat we are seeing since 4 dec low is a lot of overlapping and price trying to breach the low of the range multiple times without success, it looks like it's an accumulation phase as we are seeing bullish CVD forming on spot and futures coinalyze.net and since 31 dec we see even more overlapping, typical before a spring or a failed spring in wyckoff accumulation scheme, we have a significant untouched daily level at 44.8k so price could bounce on it making that spring or we could bounce on the bottom of the range without breaching it, in both cases i am looking for a long entry that would take us to a new ATH. another scenario would be that we accumulate more in this range for some days/weeks before taking off
BYBIT:BTCUSD.PLong
by OthmaneAo
EURCHF Trade PlanIf you like my analysis please like and hit the follow button. I need your encouragement. EURCHF has has been on a decline since it formed a high at around 1.093 in mid-September. The price action however has seen a lot of slowness in the bearish trend as momentum has been diminishing of late. Over the past three weeks we have seen price ranging behavior. We have a break of a major swing to the upside preceded by what appears to be price sweeps of lows. We may be in a great trade if we see PA on LTF as indicated in the chart. We want to see clear intent of price breaking upwards with strong momentum and a slow retrace to the QM level for the buy setup to be valid.
Long
by theforexhighway
Wyckoff theory and Volume tradingHere is a breakdown on LTC because some have complained about my call to short LTC. I have not changed my bias. I want to give an example of the phases as I see it now and what I am looking for before I go LONG. This will be interesting for breakout traders since they usually don't realize that the break and retest trade is contained within phase C and may or may not contain a spring. But when it does it is a type 1 schematic and we see it pinpointed with a volume pattern we call the stop hunt pattern. Currently we are in Phase B.
Education
by FLASHGORDON10
1
Hidden Wyckoff Accumulation, Spring And Breakout Scenario!Hi all, Latest price action showed wyckoff is not a pattern but a scheme. Lot's of non-text-book, incomplete distributions and accumulations and their twisting combinations occured, so i digged in to the idea of a bigger underlying structure of accumulation, right under the yearly resistance at 58k looked very much possible to me especially after many bullish w shaped bounces i mentioned in my previous post. It's not text book, but the volume reveals the climactic action on PS and close to SC. If Bitcoin was to dip below 50k, it would do it without warning! This is pretty much sideways trading range, a good sign of accumulation, yet to be confirmed by a spring, breakout and a strong rally. Be prepared. As always trade safe and use a stop loss & stop buy!
by BitcoinMillio18
17