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Wyckoffaccumulation

0x- Dex tokens go up with DeFi goldrush! Long it in the buy zone unless the breakout fails and the price falls below the invalidation lvl. 0x (ZRX) & kyber network (KNC) are two of the older DEX tokens (Decentralized exchanges) and they are both on Coinbase. Whereas, Balancer (BAL), airswap (AST) and other DEX token s are not. ZRX is still under $1 and unlike KNC which has gone up 10x already, it has "only" gone up 2x this year. Furthermore, its spot trading volume is consistently ranked among top 10 DEX (Uniswap doesn't have the native governance token) and its token, in terms of trading volume, is consistently ranked in the top 5 DEX tokens. The only thing to watch out for is its market cap... Yes, in crypto, 300 million market cap means large cap and speculators had the penchant for driving up the price of low market cap tokens between 50 to 100 million back in 2017. I expect the Defi gold rush and liquidity farming to continue carry DEX, lending and oracle tokens at least in the near future.
Long
by Libratus
1
USDCAD Wyckoff Accumulation Hello Traders! in my Previous USDCAD post i gave sell from 1.3530 and Target was 1.3230 and It Hit the exact figure of my target. This was the same strategy that i used in EURUSD and AUDUSD trades in last month which gave us huge pips with perfect entries(I have added the carts below). After hitting the target i waited for triangle pattern to trade upmove now you can see it has formed triangle pattern and now i hope it will reach the AR level perfectly. Don't forget to hit the like and Button and follow to stay connected Trade to ST in Phase B level EURUSD AUDUSD
Long
by Aadil1000x
2
Wyckoff Accumulation Event - Phase E (Textbook Trading Patters)"Phase E: In Phase E, the stock leaves the Trading Range, demand is in full control and the markup is obvious to everyone. Setbacks, such as shakeouts and more typical reactions, are usually short-lived. New, higher-level Trading Ranges comprising both profit-taking and acquisition of additional shares (“re-accumulation”) by large operators can occur at any point in Phase E. These Trading Ranges are sometimes called “stepping stones” on the way to even higher price targets." Feedback below is welcome. Lets have a chat.
Long
by wesmantx05
1
Ziliqa In Wyckoff Re-Accumulation Phase DWyckoff Method is useful for understanding the big picture of market cycles. The simple version has been popularised in the crypto community showing the downwards trend market leading to despair and capitulation... then rising to the highs of a blow-off market cycle top. Some analysts believe the next cycle high will occur end of 2021. As market conditions change, our trading style should change to accommodate. But what most crypto analysts miss are the smaller Wyckoff accumulation/distribution phases that are constantly happening across all markets. In this ZILUSD chart we can see a general outline for the 5 phases of Wyckoff analysis. Ultimately the pattern is only fully confirmed at its conclusion, just when a new upswing begins (Phase E), and we attempt to identify where phases C and D begin and end as the price movement progresses. The goal is to not get mixed up with manual trades during phases B, C or D as that's where a lot of traders seems to erode their account by selling bottoms and re-buying highs. The best risk/reward opportunity is in phase E before the next mark-up phase. So far with ZILUSD it appears we have now concluded a phase C with the secondary test, and began phase D which should show a step-by-step price increase to retest resistance. We'll cover more on Wyckoff Method as part of our educational series on technical analysis with a special focus on strategies useful for Algo-assissted trading. - Note: This is general insight into trading psychology. It is not financial advice. We provide analysis and tools to help traders make their own trading decisions.
BINANCE:ZILUSDLong
by Sparkster
2
HSS - beneficiary of RTS project?Hi, According to recent news, The JB-Singapore Rapid Transit project is expected to resume. I'm not really good in analysing news, but one of the companies that I read that may benefit from this project is HSS. Looking at the chart of HSS, there is an appearance of a Wyckoff accumulation phase. (Or is it a re-accumulation?) We have bar 1 which could be a selling climax ( large down bar with close at the low with ultra high volume) Then bar 2 was another lower low with slightly above average volume, but price started to oscillate in a trading range after this low. Bar 3 is a wide spread up bar with higher than average volume )(not excessive volume), and this could be the "Sign of Strength" bar. According to Wyckoff rule, we wait for Sign of strength to appeared, followed by a Last Point of Support (LPS) for a good entry. If bar 3 was indeed the SOS, then bar 4 would be its LPS. Bar 4 was interesting in 2 ways : 1) its a down bar with light volume (lesser volume than 2 previous bar) which may indicate a No Supply bar, and 2) the low of bar 4 was a "Spring" setup of the previous two bars, where it broke below the low of the previous 2 bars then closed it back above it. Trade at your own risk, comments are welcomed.
MYX:HSSEBLong
by Forever_Learner
ETH/USDT: Weekly Wyckoff Accumulation Perspective 1W (Jul. 27)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Ethereum's weekly chart, and its potential upside through the Wyckoff accumulation model. Analysis - In essence, the weekly chart shows a double bottom formation, which can be dissected through the Wyckoff accumulation model. Wyckoff Accumulation Schematic Explained - PS (preliminary support): This is where substantial buying begins to provide pronounced support after a prolonged down-move. - SC (selling climax) : This is the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. - AR (automatic rally): This occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. - ST (secondary test): This is the point in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC . - SOS (sign of strength): A price advance on increasing spread and relatively higher volume . - LPS (last point of support): The low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume . - BU (back-up): A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new trading range at a higher level. - Phase A: Phase A marks the stopping of the prior downtrend. - Phase B: In Wyckoffian analysis, Phase B serves the function of “building a cause” for a new uptrend. Institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup - Phase C: It is in Phase C that Ethereum's price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. - Phase D: If we are correct in our analysis, what should follow is the consistent dominance of demand over supply. - Phase E: In Phase E, Ethereum leaves the trading range, and demand is in full control with the markup obvious to everyone What We Believe We believe that on the long term weekly chart, Ethereum is bound for further upside, as it has just finished providing confirmation for a prolonged double bottom pattern. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
1
BAUTO - Minor wyckoff accumulation before marking up?Hi, I think this hourly TF shows a nice VSA/Wyckoff accumulation pattern We have a confluence of horizontal line A which was a previous resistant than has been broken to the upside, and the up trendline C which has been supporting price before (please zoom out the chart to clearly see the significant of these two lines) Bar 1 and 2 both had high volume and their closes were away from the low of the bars. In VSA method, a down bar that closes away from the bar's low with high volume indicates buyers entering the market (stopping volume). These high volume bars are usually "tested" again to see any remaining supply, and in this case I believe bar 3 was the test. Bar 3 was a down bar with light volume. If price manages to break above the downtrend line A, it might be ready to mark up higher. Trade at your own risk, comments are welcomed.
MYX:BAUTOLong
by Forever_Learner