Wyckoffaccumulation
Jumping your local creekBased on DMI and obv divergence on the 30min-1 hour time frame, this is a good setup to make a run back to upper 20k/lower 30k region.
Detecting equilibrium point 3-way intersection occurring around 6:30AM on Tuesday June 21st.
The way I see it BTC started trading bullish after the 17k got bought up and it’s looking like that was the spring of a very local accumulation phase, which would setup for an incoming sign of strength near the critical event on Tuesday morning. What would unfold if this materialized is a back up test and then continuation to near upper 20-lower 30k.. this would likely be part of a larger accumulation within the 17-30k range and could result in a larger spring down to the 13k level before initiating markup (and completion of corrective wave after big money loads the boat at average cost of 22k.
The blue lines are the local creek drawn at successive highs, we just saw an inflection from down current to up current which makes me think that that was a spring at 17k. The dashed purple are support across successive lows which might give some confirmation the sign of strength is coming if it can get back above the purple line immediately above price in chart.
LIMIT BUY AT 840$This is a Wyckoff Accumulation mode (same as BTC)
Phase A -
Preliminary support is identified !
Selling Climax is done !
Automatic Rally is done ! But BIDs are absorbing
The range is identified definitely !
Phase B -
Kissed twice close to level, confirmed by Secondary Test. In additive Yesterday FOMC Rate decision (by hiking 0.75) drived price below level.
Phase B is done
Phase C
"Spring" is on the way.... let's see what price will be targeted !
LOW Volume (JAN 21) is on process to be filled !
839$ (IMO) is the price where Volume is more than poor ! We might get back to chis level ! ASKing price is OPTIMAL !
ETHERIUM stay a Great project, no matter Scalability issue. Testnet on Bacon Chain done successfully !
Once POS will trigger (POW might be over), the way above 8k figure is certain !
LaVinci's 30-Day PlanUnfortunately, we cannot predict the future. We can, however, predict the immediate future as a function of our free will in conflict with the universe around us.
In anticipation of BTCUSD dropping to the 22,000 area, as a bearish harmonic extension distributes' itself, LaVinci has devised a plan to accumulate BTCUSD over the course of the next month.
The goal is to avert risk while simultaneously reap rewards by scaling into multiple LONG positions over the course of the above mentioned time period (30 days). Stop-Losses are also devised in the plan to scale out and liquidate the long positions in the event that the current structure fails to react accordingly. Take-Profits aren't being taken into account just yet, for the anticipated time that this position will be held is going to be between 70-90 days.
Please follow & critique, as critical feedback is strongly encouraged!
Thanks,
LaVinci
SHIB ABOUT TO EPLODE !!!Rarely will you talk about technical analysis without mentioning Dow , Magee, Livermoore nor Wyckoff.
It is worthy to note that this analysis is based off one of these legends work - Wyckoff.
As shown , the last impulsive move by SHIBUSDT originated from this range of accumulation . From the annotation and identification , we will observe that this is a perfect Wyckoff accumulation schematics with price approaching the LPS - Last Point of Support .
Interestingly , this zone confluences with the previous resistance turned support . Ideally , this level should be able to hold price , otherwise , SHIB will be making a new All Time Low !
Feel free to share your views
Are you new to Wyckoff method ?
Bitcoin - Wyckoff AccumulationAs this bear market has played out over the past few months, it has conformed pretty closely to a classic Wycokff Accumulation pattern.
In the above chart, we see the Selling Climax (SC) at the end of January, followed by a bounce called the Automatic Reaction (AR), before a Secondary Test on Feb 24. A zig-zag correction up to $48k at the end of March set the zone of future resistance (Wychoff Creek), before total capitulation in an historic 9 straight weeks of price declines down to a Spring low of $25.3k on May 12.
The logical conclusion is that we should be facing a period of price recovery, however, the truth is more subtle. For instance, you will note that the price action since the Spring of May 12 has echoed in fractal reflection on a smaller timescale, the SC, AR, ST and corrective rally to define resistance. So, it may be entirely possible that we are in the midst of another smaller accumulation zone, soon to be resolved in a new low. The only thing that will deter this outcome is if price continues to post gains and gets above $32.4k and keeps its uptrend of higher-lows.
A break to a lower-low below $29.2k and $28k would place us on track for a Spring low back below $25.3k.
What do you think? Is it a continuation of the uptrend from here, or a break to a new bear market low in another, final capitulation event?
Just Tested The Steping stone Demand In general H4
Price is in the Retracement Phase / Correction Period to the H4 demand level
before going higher or lower if supply is still in power, but evidence of CHoCH / Sign of Strength can be seen from the candle pattern forming a new Higher High and Ultra High Demand volume.
Price projection has objectively violated the last HH price at 1869.72 (May 24th)
and OVERSOLD Condition 1824.54 (June 1st)
we'll see Monday
how Prices React to market sentiment
We monitor consolidation and confirmation
for for price Rise higher to zone 1880 - 1899
Or down to 1830 -1810 zone
Have a great Trade A head
----Bahasa Indonesia----
Secara General H4
Harga dalam Phase Retracement / Masa Koreksi ke level demand H4
sebelum naik lebih tinggi atau lebih rendah jika supply masih berkuasa, namun bukti CHoCH / Sign of Strenght terlihat dari candle pattern membentuk new Higher High dan Demand volume yang ultra High.
Price projection secara objective telah melanggar harga HH terkahir di 1869.72 (24 Mei)
dan OVERSOLD Condition 1824.54 (1juni)
kita lihat senin,
bagaimana Harga Bereaksi terhadap sentimen pasar
Kita Pantau konsolidasi dan konfirmasi
untuk untuk harga Naik lebih tinggi ke zona 1880 - 1899
Atau turun ke 1830 -1810
Salam TraderBarokah
Nasdaq reversal targets the January lowWith the breakout today, the Nasdaq has confirmed a Wyckoff accumulation structure that started 19th May. The above chart provides my Wyckoff P&F targets, starting with the most conservative and getting successfully more aggressive. Note that the final higher target has not yet been taken. I will add this after the Wyckoff Backup event has occurred, which is a test of the breakout of the structure (bounded by the blue lines).
Not all targets need be met. At each, we need to be on the lookout for the price advance to pause and create a steppingstone structure. That could create a cause for a continued move up, or it may create a cause for a move down. We need to read the chart at each stage.
The most conservative target has been met, and price has already paused at it. I am not expecting much of a Backup, given current market conditions and the potential for more of a short squeeze. A small retracement on Friday and then rapid advance is more likely. A good entry would be on the reversal of this retracement.
I will update this post with my thoughts on the price advance. If you have found this useful please give a thumbs up and a follow to keep updated. Thanks!
Wyckoff AccumulationAccording to wyckoff accumulation, we are due for a short retrace then up higher. This could be the beginning of a denial rally.
Targets are based on imbalances (Yellow mark by candles), this is more of a general bullish guideline over a specific target road map so I will be longing after this possible retrace and confirmation.
NVAX Wyckoff Accumulation events + Elliott waves$NVAX My memorial day homework 😁
Wyckoff Accumulation events + Elliott waves
I have attached my two main theories that are happening together and we are approaching the end of it soon.
For wyckoff, I am expecting a big shakeout to follow. We haven't seen yet a day that has the qualities of a spring. We have only experienced some rallies that turned back quickly to the support/supply area, which imo is a test. We need to see massive selling volume and accumulation.
That is coming together with the Elliott waves count. I have an alteration of the count, but does not change anything in the final outcome. I just wanted to show the similarities with the ending diagonal. A wave C or wave 5 call it as you like, is supposed to come. Maybe this will mark the final shakeout and the end of correction.
PG Hello friends! now let 's analyze the PG company my Wyckoff Line indicator, which you can access and which clearly defines the liquidity zone of professionals , as well as with which you can determine the liquidity zones and, accordingly, understand where the accumulation is .
Where is the distribution absolutely clearly and determined the repulsion from the liquidity zone at the very bottom
You can also see that I recently made a deal on the chart , this mark is marked with the mark b 1 ,
which also absolutely clearly indicated the purchase before the decline
On the right we see the relative strength index , which shows that at the moment the company is still in a negative moment relative to the market and it is not yet ripe for purchase at the moment and we must definitely wait until the price reaches the liquidity zone , after which we will already look at the relative strength index and certainly by sector
Thank you all
Click like subscribe necessarily if the review came in! Then I will post more ideas .
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Potential Accumulation FormingGold - Potential accumulation forming, i want to see another SOS/candle close above before a pullback into the TR then i'll look to take this long!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
ETHER FRACTAL/CYCLE STUDYReviewing Ether's cycle, it contracts and expands but follows the same peaks and valleys. The notable characteristic here is the spring action it takes in the purple box. This spring can be understood in wyckoffian terms as the shakeout which is followed by a sign of strength and a mark-up.
Is gold in Wyckoff accumulation Phase C and ready to rally?This Point and Figure chart shows that gold may be in Wyckoff Phase C. It is still a little early to say for sure, but there are some positive signs. Supply has been reducing over what looks like Phase A and B, which is consistent with an accumulation structure. There has been reducing supply into the prospective Phase C. If the structure were distribution, we would expect to see supply increasing here. There has also been positive relative strength vs. equities all year.
After a hypodermic top in March, gold has been moving down with pressure from the USD and rising interest rates. However, there are signs that rates may have peaked for the short term. The USD has also shown climactic behavior. Plus, gold is getting a bid from the possible (and likely, in my opinion) general capitulation in equities that is about to happen.
My downside P&F target for the hypodermic top has now been met, so at the very least we should expect some consolidation here. Yesterday's Sign of Strength bar was a hint that demand is coming in. I will be looking closely at any local accumulation structure that is made here, to set targets for the next leg up into a Last Point of Support. What we need to see next is a commitment above 1860 to act as a confirmation.
Wyckoff Distribution Schematic On DJIWhich comes first, the chicken or the egg?
With recession talk being forced upon the economy, and many negative economic factors likely playing a huge role, it begs the question.
With a understanding of Wyckoff and how large institutions transfer money, one could see how the looming recession may not be such a unlucky series of events?
♻️ Wyckoff, again, again and AGAIN ⁉️ - #LDTP 8.2Let's do the point !
I will go straight to the point : I don't like this Wyckoff Accumulation Pattern at all ! Let me explain and I will be brief : Volume are constant so ... we expect a spring most of the time. Take a look at the spring area and ... it's terrible.
To remind, we are just on the primary support of the weekly upward channel which is the yellow line between the two grey support areas, we are just over the support of the bullish trend which is the grey area of $33,000 - $28,200 and the last barrier before the bear side of the strenth. I believe in Wyckoff BUT I don't believe in the psychology of this market (for the moment) and when I see the spring area just under the support area, ... I don't believe it can hold the flush or in other way : Could institutionnals absorb all the selling exhaust ? Believe me, if it happen, this will be the biggest volume that we ever seen on BTC for sure.
So multiples options to don't see that happen :
Another cycle inside the range with falling volumes to avoid this possibility of spring
Too strong support of weekly channel which mean we can't go retest the support area of Wyckoff and so avoid the spring and precipitate the bull breakout
Break the support area of Wyckoff and see directly a strong pressure of the grey support area to create a STB and possibly a bull breakout or falling volumes (like June 2021)
Do a short spring which mean reach only the top of the spring area. It could avoid the flush by not breaking the support area.
I hope for everyone that, if we have a spring, you have your stomach well attached because it's going to be sporty (and maybe sweaty). Either way, it's the goal of this pattern to play with psychology of the market, so what's best to put it on the key level of the market ?!
In the case Wyckoff fail, it will be a new perspective of the market, a perspective where we will have to project to the bear side.
Don't forget : "Making money in trading is math and respect of strategy, so never let your emotions guide you in uncomfortable positions"
Like, follow or comment if you like, it give me some strength to continue !
I will update this idea with evolution of the pattern.