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Wyckoffaccumulation

BTC Wyckoff accumulation - Phase D - SOSThe recent move indicates that we are currently finalizing the Phase D of the Wyckoff Accumulation. BTC has put up a fairly decent move to the upside market by the SOS (Show of Strength) which could indicate we are ready to enter Phase E, or rather exit the accumulation phase (after some consolidation). The price levels BTC has found resistance are the levels that showed support after the first crash - this is the PS point in the Wyckoff Accumulation. We now need some time to work through these levels, in order to continue the move to the upside. All previous ideas are linked bellow.
by forthescoopJ
1
Wyckoff Accumulation HYLN updated 8/19EV sector continues to show behind the scenes buying from HFs/tutes (look at unusualwhales.com and sort by date of 13F filing). in a previous post, i shared this idea and thought that the accumulation was happening without this downward move into a spring happening. clearly i was incorrect, as we saw very strange -4% days all in a row--which appears very "manipulated" when you also account for increased volume. (i hate using that term "manipulated" but what i mean is that the price was suppressed to allow for more accumulation by those who have the capital to do so).
HLong
by barrymeindrinks
1
EURUSD 1600+ Swing | Wyckoff AccumulationWelcome everyone! I would like to disclose that this is not financial advice, merely an observation from what I have learned up until this point. I am fairly new to trading so if a couple things are a bit off I do apologize, but nonetheless the fundamentals are there, and fairly obvious. I hope you all enjoy and learn a thing or two from my overview. Let's begin! So, first I would like to introduce you to Richard D. Wyckoff (November 2 1873-March - March 19, 1834), an early age stock trader, and educator. As well, the founder and editor of the Magazine of Wall Street, and editor of Stock Market Technique. He was very good at what he did, so good in fact that he owned nine and a half acres and a mansion in Great Neck, NewYork. His methods are still used to this day and help project ranges and identify two of the most important phases of market cycles, accumulation and distribution. So the Schematic I'm using today is the accumulation schematic. It is used when price has been in a strong downtrend, vice versa for a strong uptrend (Distribution). This is the weekly chart for EURUSD. And when compared to the schematic, it's made into a much simpler, more understandable way to look at it. This allows for precise execution on trades and increases the probability of you winning said trades. There are 6 important periods within the Wyckoff Accumulation. - Preliminary Support - Selling Climax - Automatic Rally - Secondary Test - Spring - Last Point of Support Then the final sign of upwards momentum. All of these periods of time can easily be identified when compared to the schematic. So do yourselves a favor if you are new and print out your patterns, formations, and candlesticks. Have them with you when you trade. Practice them, focus on pointing them out in the market. Then execute a well backed and high probability / minimal loss trade. Be confident, remember the market has rules. Good Luck! www.google.com Sources: phemex.com wyckoffsmi.com
Long
by tradecave
1
Smart Money Concepts Diagram With Wyckoff SchematicsThis is a Smart Money Concepts Diagram With Labeled Wyckoff Accumulation And Distribution Schematics. These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity. Wyckoff methods teach a bigger picture view of the markets and why they are moving, many times you will see smart money setups inside of bigger picture Wyckoff schematics that form certain parts of the schematic itself. I hope you find this to be a useful reference diagram for Smart Money trade setups 😁 If you have any questions please comment below and I can make updates to the F.A.Q.
BITSTAMP:BTCUSDEducation
by renegadeforex
11
Bitcoin Wyckoff Accumulation Cheat Sheet (Update 2)Update on previous cheat sheet after the recent massive short squeeze on Bitcoin. Trendlines and support/resistance levels mostly unchanged. We had a protracted Phase C second test followed by a move into Phase D which was confirmed after we broke out of the trendline at 33k. Sign of strength came from a massive short squeeze as we broke through 35-36k. This update reflects my optimistic view that we are able to break and hold above 41k shortly and build up enough momentum to break the most important line in crypto as coined by @JordanLindsey, which will take us into Phase E of this Wyckoff Accumulation. I won't be surprised if we come back down to retest the 34-36k region first. Will continue updating along the way. Likes, comments, constructive criticisms and cheers very much appreciated! Inspired by: @bbrijesh @JordanLindsey @VincePrince
by ttp112358
1
BTC/USD Wyckoff Accumulation?Could we be in the midst of a Wyckoff Basic Scheme of Accumulation #1 on BTC/USD? One should take note that with how the institutions have been vocally entering Bitcoin, the way the crypto charting and trading game is played is changing. BTC may well have started becoming more classically "textbook" and less sporadic in its cycles. If this is the case I would say this Wyckoff Basic Scheme of Accumulation #1 here would very well be a strategy larger tradfi players are now using to attempt to shake out retail or those less experienced than them to accumulate as much BTC and profit as possible before Bitcoin (dare I say?) inevitably begins its move upwards again. It will be interesting to see if this theory has any substance to it. Let me know if you have any questions here so we may both continue our learning processes and help each other grow!
BITSTAMP:BTCUSD
by Hrempe
7
BTC/USDT Update: Is Phase E already here? 48k$ and 60k$ nextIntro: - Btcoin broke out of it's downtrend indicated by the yellow line. - The last three times we did take a look at the Wyckoff accumulation pattern and it seems we finally are moving towards Phase E. - Guys please give me some feedback to improve my charts, analysis and commentaries. Daily chart on the left hand side: - The volume continues to increase which is bullish . - On the RSI side we finally got above the 50 line and crossed the yellow line which indicated a downtrend. - The next resistance lines are at 48k$ and the 60k$ so we still have a lot of room to grow. 4h chart on the right hand side: - We see a golden cross indicated by the yellow camera. - BTC broke the 44k$ and shortly also 45k$ level which are flash signs that we move towards Phase E since the last resistance for the Wyckoff accumulation is around 43k$. Expectation: - We expect a pullback to retest the 43k$ and 44k$ line and look for support. - Afterwards there is not much resistance between here and 60k$. So it could be a fast ride. - We expect to hit the old ATH soon within the next two months. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone . Check the description.
Long
by tumbler55
Wyckoff Accumulation in HYLNBiden's signing of the Electric Vehicle executive order may be a tailwind for HYLN (Hyliion), the Texas-based company producing EV motors and retrofitting hybrid systems for long-haul trucking fleets. Add to that the proposed I-14 expansion between Texas and Georgia and the electric vehicle charging stations included in the current Infrastructure Bill going through congress, I believe there is a buying opportunity here of which many hedge funds and institutional investors are already aware. This accumulation is happening already, with 13F filings on whalewisdom.com showing that since 7/26, HFs have initiated new positions to the tune of roughly 800K shares long, and those already with positions have increased their holdings by over 1.25m shares in the same time period. This can be seen on the chart as well, with this classic Wyckoff Accumulation pattern playing out nicely. Add in a heavy amount of short interest, and upcoming earnings, and this stock could really make a move on positive PR.
HLong
by barrymeindrinks
8
Bitcoin New Low Targets...Spring has yet to comeI know many are bullish, but I like to approach all FOMOs with caution. As much as I would love to see BTC go up in value, I do believe the worst of it has not come yet. Having been in a Wyckoff accumulation, I believe we have yet to see the spring. I do foresee one last bullrun before the economy collapses, but I also see the crypto market tanking as a whole one last time. Typically there is always one last dump, (the spring) in which a new low is hit. I believe around 25-20k for BTC. As to why? RSI indicates BTC is overbought. This hints towards a reduction in price to stabilize. Although the MACD looks like a bullish move is inbound, the buy signal has not been given yet. We are still in a descending triangle pattern after all and it is unlikely to breakout with such high RSI already. Just my take, not financial advice. I am not shorting, just waiting for the spring before picking more up. Your thoughts?
by Gknight0625
3
#SKY/BTC : Learning Wyckoff Accumulation Schematic #1 ------------------------------------------------------------------ What is Skycoin? ------------------------------------------------------------------ "Skycoin (SKY) is an open-source, community-owned, hardware-based peer-to-peer internet that leverages the incentive structure of the blockchain. Skycoin’s platform has been billed as 'completely secure, infinitely scalable, and ISP independent' by the project team. Skycoin is focused on security, usability, and ease of use. Skywire, the flagship application of Skycoin, aims to decentralize the internet at the hardware level. Skywire's objectives extend beyond providing decentralized bandwidth - it also aims to offer storage and computation." www.skycoin.com coinmarketcap.com ------------------------------------------------------------------ Skycoin is in a category of Cryptocurrencies called "Web-3", "Web 3.0 is slated to be the new paradigm in web interaction and will mark a fundamental change in how developers create websites, but more importantly, how people interact with those websites." If the Web 3 Category of Cryptocurrencies gets some positive attention or news this would be great for Skycoin also. www.techopedia.com ------------------------------------------------------------------ What is Wyckoff Accumulation? ------------------------------------------------------------------ "One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists. In accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR ." ------------------------------------------------------------------ A trading range shows us an equilibrium between buyers and sellers, and the Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure. In this particular example on SKY/BTC : Skycoin we can see the highest volume on record was on the buy side when the price fell below the Horizontal Trading Range, if the price can get back inside this area it may be a good clue that it was a fakeout trapping the sellers below the range, and transferring the wealth from the fear striken to the hands of the patient for the next Mark Up phase. See Wyckoff Links below for further knowledge & reference Schematic of Accumulation, I have also included the schematic on the chart. ------------------------------------------------------------------ Source and more great basic intro information for Wyckoff Method: school.stockcharts.com Current Schematic on Skycoin: school.stockcharts.com ------------------------------------------------------------------ If Skycoin can find support at the 0.000045 area then a strong upside movement to 0.000063-0.000076 is possible, in the case of a Alt Season or continuous Crypto Bull Market even higher prices can be achieved once the Trading Range is claimed again. Thank you for reading, don't forget to follow for more educational ideas and Wyckoff Templates.
SLong
by Worth_The_Ri5k
3