Wyckoff
WMinima - violently tested accumulation structure? WMinima has very interesting, possible reacumulation structure. This low cap market structure was violently tested to last no supply candle pattern - test signal was -70% WMinima price range.
Now, I looking for candle pattern with no supply tenor for uptrend confirmation.
Ethereum (ETH): Wyckoff Accumulation Pattern in Play
Ethereum (ETH) appears to be following the Wyckoff Accumulation pattern on the 4-hour timeframe. This pattern is characterized by several phases of price consolidation and distribution, followed by a decisive breakout.
The Wyckoff Phases:
Phase A (Accumulation): The price forms a trading range with multiple attempts to break out to the upside, but each attempt is met with selling pressure. This phase is characterized by low trading volume.
Phase B (Distribution): The price breaks out of the trading range to the upside, but the breakout is weak and quickly followed by a reversal. This phase is characterized by increased trading volume.
Phase C (Reaccumulation): The price returns to the trading range and consolidates again. This phase is characterized by lower trading volume than in Phase B.
Phase D (Mark-up): The price breaks out of the trading range with conviction and begins a sustained upward trend. This phase is characterized by high trading volume.
ETH's Current Position:
ETH has completed Phase A (Accumulation) and Phase B (Distribution) of the Wyckoff Accumulation pattern. The price recently broke out of the trading range to the upside but failed to hold the breakout and reversed back into the range. This suggests that ETH is currently in Phase C (Reaccumulation).
Expected Price Movement:
Based on the Wyckoff Accumulation pattern, I expect ETH to complete Phase C (Reaccumulation) by consolidating within the trading range for a period of time. This could be followed by a decisive breakout to the upside in Phase D (Mark-up), potentially leading to a significant price increase towards $4,500.
Additional Factors to Consider:
Overall market sentiment: The overall sentiment of the cryptocurrency market could impact ETH's price movement. If the market is bullish, ETH could break out sooner and with more momentum.
On-chain metrics: On-chain metrics such as active addresses and transaction volume can provide insights into the overall health of the ETH network. Positive on-chain metrics could support a bullish price movement.
Conclusion:
Ethereum's price action appears to be following the Wyckoff Accumulation pattern. While the pattern suggests a potential breakout to the upside, it is important to consider other factors such as overall market sentiment and on-chain metrics before making any investment decisions.
GBP/JPY - Wyckoff Ideaas you see, this is distribution structure.
I think that we are going to make a retest on the ICE and I got a connection between indications so its looks very good.
I still wont do a sell limit because I want to see the price action and let the price create my stop loss.
I upload this to get comments and things that I can Improve
Wyckoff Reaccumulation - HIGHERBears are crapping their pants, every 2nd person calling for 50k next.. the war scaring them.. after getting obliterated on their alt positions they're still thinking lower is in play...
OI flush already occurred.
We are going up from here.. halving countdown tick tock..
This is a typical Wyckoff reaccumulation range and occurring within the macro golden pocket (Logarithmic from 2 previous cycle)..
I don't know many that have discovered this besides myself..
Haven't seen one person post about it ..
CCK CONTINUE MARK UPMy previous hypothesis still remained valid
Latest price action, from my POV is that, it is re-accmulating (Step Stone)
I am attracted to the bar on 27/2/24
-this is what wyckoffian termed as CO Rotation (Changing of Hands)
Position Re- initiated as attached since last i sold it
-Absolute pure wyckoff-
ETH/USDT SPOT BUY ZONESETH has clear target that's it's ATH.
First green dotted bars are places to cosnider LONG position on futures with targets for recent heights or even ath.
Solid green bars are the places to set BUY orders.
The best place to buy is in high time frame double imbalance (BPR/purple zone) but it's a bit far for the price. BUT
Remember that the chart can do anything
#IDUSDT #Analysis #Eddy#IDUSDT #Analysis #Eddy
This analysis is based on the combination of PA, RTM, ICT, DL2+3 & Wyckoff Analytical Styles. (( In general, most altcoins have a similar structure and can grow by more than 50 and 100 percent. ))
I specified the sniper entry points for you ;-)
» Do not forget to receive confirmation
» Don't forget risk and capital management
⚠️ Attention!
((Pay attention to the position and movements of Bitcoin, as well as the general state of the market and indicators, please confirm))
ADA/USDT SPOT BUY SELL ZONES 13.03.2024I am pretty bulish about ADA , it left so much liquidity and few high time frame BPR's (balance price range/ double imbalances) during the last drop.
This BPR's are will be my take profit levels, only about 30% of my spot position will reach the ath (even if it ever will). It is possible target to reach but i am playing it safe.
Green thick bars are places to buy, for quick correction, deeper, and my favourite: correction for the entire upward movement. I will place there my orders waiting for quick wick
#BTC #Bitcoin #Short #Long #Setup 10 Result + 'New 11' #Eddy#BTC #Bitcoin #Short #Long #Setup 10 Result + 'New 11' #Eddy
It's you & Setup 11 :-)
(( Considering the structure that has formed in the market, I expect the price to return from the entry point of the new setup "11" to the range of 74,000 to 75,000 dollars. ))
(( If you get pullback confirmation on the lower time frames, you can follow BTC to the new ATH. ))
Related Relevant Analysis & setups of Bitcoin : (( BTC/USD )) : Check Link :
Chainlink - Wyckoff Flag w/Spring BIST:LINK
The most obvious way to view Wyckoff Schematics are through line charts.
This has been a textbook shakeout pattern, coiling on top of a multi-month long support range.
I have bought every time it has touched the previous range highs and now it looks to be compressing prior to "jumping the creek" into a vertical rise IMO.
BTC/USD analysis in 4h timeframeAs we expected bitcoin made a new all time high $73000 area and collect the liquidity over the last ATH $69000.
price is in a trading range between $60000 / $74000.
New flag limits are marked on the chart.
Bitcoin is forming a wyckoff structure and if it ingulf $58000 / $61000 demnad zone it will confirm the structure.
If the WYCKOFF structure is confirmed, price my fall down to $52000 Demand zone.
Otherwise if it gives us a bullish signal on $61000 Demand zone it will be a good investment too buy some #BITCOIN .
Embracing Uncertainty: The AUDCAD Resistance Saga - A Battle of In my analysis of AUDCAD, I pinpointed a specific area marked by ultra-high volume, suggesting a potential retest of this zone. It's worth noting that such areas are typically revisited in the majority of cases, prompting the question: am I anticipating weakness in this currency pair?
Maybe, maybe not... Let's delve deeper.
Examining AUDCAD on the weekly timeframe unveils a potentially bullish scenario. Two weeks ago, a down bar with low volume hinted at minimal selling pressure. Last week's bullish engulfing candle further reinforced this sentiment.
Should the bullish trend persist, my immediate resistance level stands at 0.90640, potentially leading to retests at 0.93500 and even 0.95000.
On the daily chart, an intriguing observation arises. Despite a widespread up bar indicating "No Demand," Friday's price action continued its ascent, defying this technical signal. Such behaviour strengthens the overall bullish narrative in AUDCAD, suggesting sustained upward momentum ahead.
However, the 4-hour chart signals potential weakness. An up bar with ultra-high volume closing mid-range indicates selling pressure. The last 4-hour bar of the trading week confirms this with a downward trend.
In conclusion, which direction will this currency pair take? My prediction leans towards an upward trajectory, contingent upon confirmation of strength from the weekly and daily charts.
Upon breaching the resistance level, I'll be vigilant for signs of testing or absence of supply, particularly focusing on low to ultra-low volume across the 1-hour and 4-hour charts.
Conversely, if prices retreat from resistance and trend lower, I'll be on the lookout for indications of no demand or upthrusts, especially across the hourly and 4-hourly charts.
ABLEGLOB SHORT TERMI bought this yesterday, my purpose for this post , is that i want to share & help especially to those newbies & amateur. I was so busy that i was unable to post it until today
(i am also a newbie+amateur. please do not believe anything i posted/share)
i decided to initiate the position in view of Absorption ( As attched)
Absorption is a term, in a way that the big boys AKA composite man , absorbing incoming supply from the weak money
Absolute pure wyckoff , nothing else