Get started

Wyckoffaccumulation

Very time sensitive data about current Bitcoin Dump!(In Persian)BITSTAMP:BTCUSD BINANCE:BTCUSDT Hi ,In this video I discuss about the current Dump , potential moves of the price in immediate short-term , symmetrical Triangle Breakout and Wyckoff's accumulation pattern in action. For more reference check my other videos about this Wyckoff's accumulation pattern : If you found this video helpful like and leave your opinion about the current situation in a comment and follow me for more!! tnx🤞
BITSTAMP:BTCUSDLong
by arshia3h
BTCUSD 4h. Update on Wyckoff's Accumulation PhaseHi everyone, Thank you for considering reading my idea. This is a continuation update of my previous idea of Wyckoff but this is on 4h timeframe instead of 1h. In this 4h chart, we had our Selling Climax (SC) at 33K then an Automatic Rally (AR) going up to 39K. We also formed another resistance at 40K. We had our secondary test (ST) at 34K that is somewhat near our SC at 33K. Currently, we may be in the middle of Phase C. We hope to see some Spring action at 31-32K - then bounce from there; get a test on one of our support lines before going up and see signs of strength (SOS). What does it mean to get a Spring or Test? From wyckoffanalytics.com, it says that large operators or institutions will test the market for supply throughout a trading range (TR). A spring is often followed by one or more tests; a successful test typically makes a higher low on lesser volume. If you want to compare the Accumulation Schematic #1, view it here: www.wyckoffanalytics.com If you want to know more about Wyckoff Method, read here: www.wyckoffanalytics.com Like this idea and follow me for more analysis like this. TAYOR. Cheers, Juvs
BITSTAMP:BTCUSDLong
by Juvssss
9
NIO - Potential Wyckoff Accumulation (P&F Target Inside)Since the distribution happened in Feb 2021, NYSE:NIO has formed a selling climax (SC) on 5 Mar 2021 followed by an automatic rally (AR), which defined the trading range. The selling climax comes with increasing of supply after reacting the earning announcement and even broke below the support at 40. Yet, there is no follow through to the downside. Instead, a trading range has formed. A lower high has formed within the trading range despite increasing effort (volume) to the upside, suggests that there is presence of supply. The down wave from 27 April till 23 May created a second point of fear (sort of) with localised increased of supply and spring below the selling climax low. The spring comes with increasing of supply and has been tested with a higher low and decreasing of supply, which is a successful test. Supply has been decreasing throughout the trading range is a bullish character. A commitment bar showed up on 24 May 2021 followed by a potential sign of strength rally. Right now, the price stalled at the resistance area with possible supply absorption characters. A commitment above 43 could suggest a start of a markup phase to test the upside target of 50 based on the point & figure (P&F) projection, as shown below. Based on the first segment (highlighted in green) with count line at 31, NIO has a minimum target price of around 50 should it commit above 43. Higher target can be estimated should the first target at 50 hit. Failure case: a break below 39 could suggest the timing is not yet ready, and more time to be spent within the trading range.
NYSE:NIOLong
by mingjong
$BTC Wyckoff Accumulation Phase - Scenario 2Here is a brief theory of mine on where we are right now if we really are in an accumulation phase of the Wyckoff Method. In this scenario, I believe we are early in phase B and will be in for a wild ride over the next couple of months while we utilize the whole range created in January. Hopefully, this will end sometime between mid-June and mid-August, then we can resume the Bull market. I believe this is the more likely scenario. I will be including a bearish scenario as well. These are my 1st publications. I am a relatively new trader, so take this for face value only. These are purely thoughts, and I would like to hear any productive feedback you may have. COINBASE:BTCUSD
COINBASE:BTCUSD
by CapitalByCrypto
Elon's Tweet or Obvious Price Action ?This is an update to my previous Idea linked below. Previously on 4H chart. I've zoomed out to a 1D chart to get some greater perspective. BTC failed to break its resistance - indicating an inevitable downward movement. Then came Elon's tweet, catalyzing the downward momentum. I don't really think his tweet had much to do with this drop as TA already told us to expect it. I view his tweets as catalysts to what is already expected as per TA. On the chart, I've delayed the time estimated to reach "spring". Using the 1D RSI I'm more confident that we will likely break support in the week to come before trending up for the long term. My ideal price movement is marked in green. Comments and criticism welcome
by THE-GERA
4
ICPUSD 8h. Wyckoff Accumulation - Phase BHi everyone, Thank you for considering reading my idea. Since the launch of ICP , the value of ICP against USD has been declining. If we try to plot the current price actions to the Wyckoff Method, we get this analysis. Just a disclaimer that these signals may not be accurate. There are several ways to plot the signals as the price action is not yet complete. First, we have our Selling Climax ( SC ), and we immediately got our Automatic Rally (AR). We tested our SC called Secondary Test (ST). As of now, that's all we have. What are we expecting? We expect the price to go up the SC for a brief time then get a Spring action and we need to get up to test our support lines. Once supported, we should have our Sign of Strength (SOS) where we break our resistance line from AR, then we test it again to confirm so that we may continue to go up to Phase E which is the Markup Phase Like this idea and follow me for more analysis like this. Cheers, Juvs
Long
by Juvssss
1
BITCOIN 😲 Wyckoff Accumulation 👍 Still in ProgressFinally, Bitcoin flips the 1H 200 EMA to support. A few bullish volume spikes show clues that retail traders may be flipping bullish. Just need more volume now. ✅1) Need to flip that 1H - 200 EMA to Support 🟡2) Volume should start increasing as retail traders take positions. 🟥3) Price needs to get to the $23,000 Resistance Line 🟥4) Reversal is only confirmed with a huge Volume Spike at Sign of Strength... 🔥🚀
COINBASE:BTCUSDLong
by ChartCinema
9
Wyckoff Accumulation Test Confirmed USDCADHello Everyone! Yesterday I shared my idea on Wyckoff pattern being formed in USDCAD. This new idea is to let everyone aware that the Test has been confirmed and I expect the price to start making higher highs, starting Phase C of the Wyckoff Accumulation. In Phase D the price should brake the resistance. I hope the high impact news from USD help the dollar move up. I have a few entries right now near the Wyckoff Spring but I plan on adding more as the price continues to move up. Feel free to share your ideas below.
Long
by N0TradingNoLife
Bitcoin Wyckoff Accumulation 1H Last Point of SupportAs predicted bitcoin got rejected at the 38k yesterday, however after being rejected it flipped the previous resistance of 37k into support. After finding support on the 37k in combination with the 0.66 golden pocket fibonacci retracement of the very first wave after this we got a price increase and an increase in volume when we broke through 38k. We are currently close to reclaim the 39k, however, I think it is more likely to retrace back to 38k and test the previous resistance as support now. This is also supported by a .786 fibonacci retracement of the first wave and a .382 fibonacci retracement which provided support before. When the price holds above the 38k the likelyhood of breaking 39k and going for the 40k is much higher.
BITFINEX:BTCUSDLong
by DaanVerbeek
IQ Apparently in Wycoffian Terminal Shake Out (compare Silver)Introduction Bitcoin's recent markdown has put Wycoff and Distribution on a lot of new traders radar as well as investors who have not had to deal with this kind of pattern recognition. There were a lot of people that thought that it looked too picture perfect so disregarded it, Guess what? They were taken the most by surprise and I know what it is like to be there because I was there 3-4 years ago when I had problems believing in TA because so much of it so so bad. That leads to good news on IQ as IQ appears to be in Terminal Shake out and it is looking picture perfect. I have marked out the lower end of the action and have left the top alone because I think the indicators have done a good job showing that resistance. The volume on the final stage of the shake out is lower than what took us edge to edge on the bollinger band and value VPVR value area and this low volume helps us see that sellers are approximately exhausted. Another way to confirm the fact that the selling was relatively low volume is the Value Area did not move down. Much like a slow but persistent sell off can slowly bend a bollinger band lower and lower it can also drag the value area down. I have been watching IQ for a couple of years now and have a couple of posts. My last post was bullish and I was going to update it when I bought some calls and I never pulled the trigger. This time is a bit difference. I have the stock and I have some OTM calls already on the books. It might go lower somehow but my entry this week is pretty solid for a long term hold and I hope to trade the options like a degenerate. Indicators I have put the monthly bollinger band on the weekly chart to show that price actin has gone below the monthly bollinger band. That is a very solid entry point if you generally have any faith in the long term outcome of an asset. Price has also gone below the Volume Profile Value area which contains +/-1 standard deviation of volume by price. When price goes out of the Value Area to the downside when it recovers you often see price actin go coast to coast and end up at the top of the value area. If price action is as bullish as I expect price can hop out of the limits of the BB and VPVR Value area as you can see in silver. From there price would enter into a multi-month re-accumulation. The On Balance Volume with EMAs also has a bollinger band that I often don't show in my posts because if it isn't needed it just adds visual distractions. But the circles have shown times were a green week after a massive sell off has kinked the OBV at the bollinger band and price action has recovered. If you look at the second blue circle you can see how above the Volume Profile Visible Range moved down. That means the sell off hit a tipping point and was significant to move the whole visible range down roughly $5. That VPVR has not moved down in such a serious way with this dump. Silver Below is silver with the bollinger band and VPVR during the "Covid crash" and we can clearly see that buying with price action below both was a fantastic entry for a trade or investment. You should have the tools from the main chart to see all the key points of Accumulation. And I roughly expect something similar to happen with IQ. A rather quick move to or above the Point of Control and then a massive spike in price. I have not used the On Balance Volume because silver futures are a different beast with a different history. Fundamentals and Conclusion I think IQ has a very strong chance of behaving like silver did after its dump, so I bought some. Silver sold off for no good reason, as it didn't lose its industrial or intrinsic value and it is not like you can spread a virus by contaminating a silver mine and IQ sold off because some over-leveraged hedge fund degenerate couldn't answer his margin call, his stuff got liquidated and the momentum traders took this way too low. There was earnings a couple of days ago and it seems that the company can turn a profit within like, 5 years. Look at Facebook and Netflix below and how long it took these companies to have their stock clear the high of their first month of public trading. There is going to be a shake out off the weak hands. My only concern is a rout in tech stocks could take this lower but so far it is doing well.
NASDAQ:IQLong
by This_Guhy
3
Bitcoin Wyckoff Accumulation Have We Seen the Ultimate Low?At the moment of writing we are testing the 36k as support, when this holds it is likely that we are not going to another lower low in the near future. The 36k is supported by two fibonacci retracements and has been tested before. If we hold support it is likely that we will try to reclaim 37k for this to be effective and succesful an increase in volume is needed. However when we fail to find support on the 36 it is likely that we are going for a revisit of the 34k which is supported by the First Support line fo Wyckoff. As I said in a late night update last night, it looked like the price was forming a bull flag. Which a few hours later go a fake-out since the break was not supported by any volume. However a few hours ago we go at break to the downside, this was supported by volume. The downside target of the flag is also around the 34k which, if we break 36k, would indicate another signal that the price would move to 34k.
BITFINEX:BTCUSD
by DaanVerbeek
4