Solana Wyckoff CycleSOL is currently trending in what looks like Wyckoff re-distribution range, after marking down from a brief top and on the path of reconciling the lower macro liquidity void found at the 2% Fibonacci (11 USD) level. These retracement levels can be used as reliable DCA points if Solana's rebirth is something you have faith in.
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Wyckoff
AAPL Wyckoff distribution topI believe AAPL is forming a wyckoff distribution top, very similar set up to IWM in 2021. Therefore, I expect big tech to have a nice rally into next year after this pullback finishes. AAPL support is around 137-135 area, so that's where I'd like to buy it if I can. I hope you enjoy the video!
USDMXN LOWER BEFORE X-MASS- Seasonally MXN is strong in NOC/DEC
- Seasonally USD is weak in DEC
- COT supports this outlook
- Asset Managers + Leveraged Money accumulating Longs
- Leveraged Money also distributing Shorts
- Looking for a drop from DEC Pivot to DEC S2
- Higher Timeframe objective is Weekly Bullish Orderblock at 18.80
COT: images2.imgbox.com
Wyckoff Accumulation in XPEVPreliminary Support (PS)
The first significant rally that occurs after a prolonged decline that indicates budding demand showing up. It is usually associated with a minor panic preceding that rally.
Selling Climax (SC)
A major panic that occurs at the end of a steep decline in prices. In its classical form it is typified by large range reversal in prices accompanied by large volume.
Automatic Rally (AR)
The rally that occurs after a Selling Climax. It occurs without previous preparation, hence the word “automatic.” The top of an AR usually marks the beginning of the coming creek.
Secondary Test (ST)
A name given by Wyckoff to the reaction following Automatic Rally, (or rally following the Automatic reaction.) If that test is associated with small range and light volume—it increases the likelihood that the previous trend is over.
Spring
A form of a test of a trading range. Characterized by pushing prices below support by the CM in order to check the status of supply. The market’s response to the spring indicates the nature of supply and demand forces for the near future.
XRPUSDT -Wyckoff Method Bottom: 17c-24cHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The recent FTX saga with Sam Bankman Fried has got the talks about crypto regulation running hot again. Infact, we may see the SEC case against Ripple play out a little bit sooner that anticipated. This will most definitely be bearish for all altcoins (initially) and this is also why I anticipate another drop, to the support zone where I believe we will bottom, according to the Wyckoff Method phases.
While you're here 👀 Here's an ETHUSDT Long Setup that looks promising:
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BTC Wyckoff accumulation phaseBTC chart on the daily time frame.
Appears to be forming a Wyckoff accumulation descending wedge. If it doesn't hit 10-12k support i think this pattern is most likely.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
MATIC: Opportunity to AccumulateMATIC back down at range support with re-emerging supply volume is a good indicator of further pullbacks. If it revitalizes and heads back up to TRM (range midpoint), beware of jumping back into another bull trap. Money can be made riding traps, but you better know when to get out. Let the supper supply block be a guidepost. Otherwise, count on more retracements, ultimately down to the 1.618% where the PA mitigates the previous low and thus zeros out that macro liquidity void. Be safe, be prosperous! Note: I uploaded an analysis vid on this very chart to YT. Check it out for a more thorough breakdown.
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EURUSD RETRACE IN NOV ADVANCE IN DEC TO 1.0750Looking for EURUSD to weaken while Dollar retraces up in NOV
Begin DEC Dollar should roll over and become weak again
Higher Timeframe outlook for EURUSD is bullish
1.0750 is (first?) target
COT shows Asset Managers buying EUR
COT CHART: www.awesomescreenshot.com
GAP BACK TO 2022 OPEN ?- Price is back above 2022 Mid-level
- 2022 Open = 2022 High = 2023 Yearly R1 = Imbalance
- If Dollar-weakness continues in DEC a rally higher is likely
- Wyckoff accumulation-pattern completed
- Look to buy the retrace begin DEC
BTC: Possible Retracement Following Liquidity GrabBTC is facing more downside, but this might not come before a series of bull traps. Overwhelming supply predominance within the macro pennant, with isolated demand spikes unable to break trend resistance (upper dotted line). As the price action meanders toward the bear triangle's apex, we see narrowing spread with supply bars steadily building. This means that the MMs are careful to hold range, to give the illusion BTC is not as bearish as it looks. In these scenarios it is not uncommon to see a sudden sign of strength to entice retail traders to buy into a UTAD (upthrust after distribution) before dumping at the supply order blocks waiting above.
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BTC Accumulation phase? Let's decodeHello traders and followers. It is with great pleasure that i am sharing my analysis with you so if you enjoy my work please like and follow, this encourages me to continue to do what i do.
In today's analysis we are going to take a look at the 6h chart on BTC and most precisely at the key elements of an accumulation phase according to the Wyckoff method.
Before we tackle the accumulation i just want to note that the price is now trying to escape a simmetrical triangle but with low volume, therefore a lot of chances for the price action to go sideways.
Is the range we are in an accumulation?
Now, don't get me wrong, i know that the range is not formed properly yet, but we can see some key characteristics of accumulations happening in this young range.
- Decrease in volume and volatility as the range develops . There is less and less available supply and the price fluctuations are gradually reduced
- Testing the upper area with low volume , suggesting an absence of interest in selling, the exception will be when the price will be ready to initiate a breakout.
- Bearish false breakout (springs). We've had one but didnt act like a spring.
- Bullish candles are bigger than bearish ones. This one is 50/50 , slightly better on the bull side.
- Development of rising highs and lows. This is pretty obvious, due to the triangle formation we are slightly going up.
Conclusion:
Technically this is not looking bad... really , if we were to ignore all the fundamental context around crypto , this would be a perfect area to enter long term, but the reality is different, fundamentals strike from nowhere and we ca not ignore this. I am keeping my bearish bias but i am also considering the possibility of this being an accumulation area.
I guess the exit and close above the range will heavily strengthen this assumption.
Till next time.