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Wyckoffdistribution

XDB Long at $0.25Price action for XDB from March 14, 2022 to the present has been pretty remarkable. From a Wyckoffian perspective, we observe a hyperdermic distribution after the buying climax (BC) on March 23. The red arrows point to volume spikes. In these 3 instances they illustrate heavy selling. It’s possible that we have observed a local selling climax (SC) on April 7. If it was a SC, it’s likely the price will enter a trading range. The first level of significant resistance is around $0.34; this corresponds to the price level at which the last significant amount of selling started. I have opened a long position at $0.25 and expect the price to pause around $0.34. Wyckoff abbreviations: preliminary supply (PSY), buying climax (BC), automatic reaction (AR), sign of weakness (SOW), last point of supply (LPSY), selling climax (SC). This is not financial advice. I am not your financial advisor. This is my opinion.
Long
by Eightchains
4
BTC Potential Sign of Weakness in Re-DistributionThis chart builds on my previous ideas that I’ve shared regarding the BTC price since October, 2021. It appears that the BTC price has been observed in descending stepping-stone horizontal Wyckoff re-distribution trading ranges. The down trend was stopped on Jan 22, 2022 with a selling climax (SC) and the BTC price entered an upward sloping re-distribution trading range (to be confirmed or to fail). Since the BTC price was in a down trending environment from Nov 10, 2021 to Jan 22, 2022, our bias for the current trading range should be in favor of Wyckoff re-distribution, although we should be open to the possibility that the volume and price will demonstrate that our bias was incorrect and that the current trading range was, in fact, Wyckoff re-accumulation. With regard to the more recent price action, we likely have observed a shakeout (SO)/sign of weakness (SOW) in potential Phase D of Wyckoff re-distribution. If this is correct, then we will likely observe upward price movement back into the trading range for a last point of supply (LPSY) event followed by the price breaking the trading range support to the downside. The other possibility is that we have observed a SO/Spring event. If this is correct, then we will observe a sign of strength (SOS) rally. The upper and lower boundaries of the trading ranges are given by the solid black dotted lines. Significant bars, which help define important areas of support and resistance, are given by the blue shading. The blue arrows point to volume spikes. Wyckoff abbreviations: automatic rally (ARa), automatic reaction (ARe), buying climax (BC), secondary test (ST), upthrust (UT), failed upthrust (FUT), last point of supply (LPSY), shakeout (SO), sign of weakness (SO), Phase A (Ph A), Phase B (Ph B), Phase C (Ph C), Phase D (Ph D), Phase E (Ph E). This is not financial advice. I am not your financial advisor. This is my opinion.
BITSTAMP:BTCUSDShort
by Eightchains
2
Bitcoin 2022 Wyckoff Distribution (1D)PSY — preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. BC — buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a climax, with heavy or urgent buying by the public being filled by professional interests at prices near a top. A BC often coincides with a great earnings report or other good news, since the large operators require huge demand from the public to sell their shares without depressing the stock price. AR — automatic reaction. With intense buying substantially diminished after the BC and heavy supply continuing, an AR takes place. The low of this selloff helps define the lower boundary of the distribution TR. ST — secondary test, in which price revisits the area of the BC to test the demand/supply balance at these price levels. For a top to be confirmed, supply must outweigh demand; volume and spread should thus decrease as price approaches the resistance area of the BC. An ST may take the form of an upthrust (UT), in which price moves above the resistance represented by the BC and possibly other STs before quickly reversing to close below resistance. After a UT, price often tests the lower boundary of the TR. SOW — sign of weakness, observable as a down-move to (or slightly past) the lower boundary of the TR, usually occurring on increased spread and volume. The AR and the initial SOW(s) indicate a change of character in the price action of the stock: supply is now dominant. LPSY — last point of supply. After testing support on a SOW, a feeble rally on narrow spread shows that the market is having considerable difficulty advancing. This inability to rally may be due to weak demand, substantial supply or both. LPSYs represent exhaustion of demand and the last waves of large operators’ distribution before markdown begins in earnest. UT — Upthrust. ICE — This is another concept that isn’t covered in all distribution schematics but I feel it’s worth covering. Accumulation has a Creek and when price crosses this creek it’s considering to be Jumping Across the Creek (JAC). The creek is a rough line drawn across the highs of the range that we expect to see broken on high volume to add credibility. Within distribution we have a similar concept called ICE. Imagine this as a frozen lake, each footstep you take on the ice it becomes a little weaker. A rough line is drawn across the lows of the range instead for distribution, each time the price has touched it, it weakens and sooner or later the ICE will break and price (and you on the lake) will fall through. Disclaimer: Autor (Polmej) is not responsible for any damages and losses related to any products, services or ideas. Autor (Polmej) encourages the audience to conduct their own investigations with due diligence on the company, product, service or idea. Autor (Polmej) does not provide investment, financial or legal advice.
BITSTAMP:BTCUSD
by polmej
7
Learning Wyckoff Distribution as RedistributionThe purpose of this idea is to give beginner analysists a introduction to some key principles and methodology used in understanding the movement of price within markets. One of those key principles is Market Phases, and we also use the Wyckoff Method to help us understand these Market Phases further. ------------------------------------------------------------------ What is Wyckoff Method & Intro to Distribution ------------------------------------------------------------------ "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 ." Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure. Reaccumulation is the continuation of Accumulation whilst Redistribution is the continuation of Distribution. ------------------------------------------------------------------ Distribution ------------------------------------------------------------------ I have attached a cutout from "Stocks & Commodities V.32:8 (14-18): The Composite Man's Bull Market Campaign by Pruden, Fraser, Bogomazov for educational purposes. In this picture, described is the characteristics of Wyckoff Distribution In a Distribution Trading Range two of the key characteristics are the UTAD (Upwards Thrust & Distribution) above the Trading Range, and the SoW's Signs Of Weakness's with strong volume at the bottom end of the range, trapped buyers above the trading range. Distribution is one of the 4 Market Phases which we will learn about at the end of the the writeup. ------------------------------------------------------------------ Redistribution ------------------------------------------------------------------ After Distribution, Comes Redistribution. Where after a extended down move, a repeated sideways movement occurs which leads to another downwards thrust. By using the characteristics and schematics to identify Distribution we can also identify Redistribution using the same methodology. This also works with Accumulation & Reaccumulation, by looking for the characteristics of Accumulation inside Reaccumulation. (Read further to understand this concept) So as you can see on the CELR Chart the characteristics almost match the picture Distribution identically, we can see at the Upper Range every time a breakout occurs it is quickly shut down by sellers indicating a strong presence of Supply. Eventually the UTAD occurs where buyers are trapped which is then followed by the price cascading down. The only difference is that this is a potential Redistribution instead of Distribution. Redistribution is something many analysts struggle with and can be difficult to identify. ------------------------------------------------------------------ Using Market Phases to gain further understanding of the Market Direction: ------------------------------------------------------------------ The four Market Phases are. Accumulation Reaccumulation Distribution Redistrubution Market Phases explained further: (Dont Miss This Idea If You Are A Beginner!) (Additonal Infographic) ibb.co Now looking at the LONG TERM chart for CELR, we can see the current trading range of the Above idea (Marked in orange on the current chart below) is potentially Redistribution. ------------------------------------------------------------------ Further Reading & Similar Ideas ------------------------------------------------------------------ Learning Wyckoff Redistribution: Learning Distribution: For more information check out Stockcharts.com, Wyckoff Introduction & Tutorial for beginners. school.stockcharts.com Distribution Schematic: school.stockcharts.com ------------------------------------------------------------------ Final Thoughts ------------------------------------------------------------------ By using the Wyckoff Methodology to look deeper into our Trading Ranges we can potentially have more clues in successfully identifying the 4 Market Phases described above. So far our clues are showing us this current trading range on CELR may be showing weakness and probability of lower prices. Unless CELR manages to get back above the 0.075c area with strong Buying volume lower prices are probable here. If found the idea insightful you can show your appreciation by sharing it or giving it a like, feel free to leave your thoughts and criticisms in the comments and thank you for reading!
Short
by Worth_The_Ri5k
1
US30 WYCKOFF DISTRIBUTION FIRST LONG AND THEN SHORT.Hello everyone, I am posting here my analysis about what could happen next on US30 and why. on 4 hour time frame we can see the PSY, BC , AR, ST , SOW and UT have already been formed. The price has shown indecision and hence gave a reversal after breaking the RETAIL support (Providing break of structure or activating pending stop orders), it can be seen that the price is deflecting after breaking the retail support and now reversing. To which I believe price will form a new weekly high this or next week where we could have a UTAD (Formation of Order Block) and on the restest of UTAD I would go short. On this analysis, there are few Liquidity lines marked up above UT, which means , the price might break any of these liquidity lines (Break Of Structure) and then form UTAD (Order Block). Please feel free to comment, like or share. Also, If you are against this idea, please raise a valid point. Thank you.. TheEdger.
U
by theEdger
FTM Trading RangeI'd speculate on this structure being distributive. Which is a contentious call, given the fervour of the FTM community and HODLers. I really hope it doesn't play out, honestly... but .. it seems very off to me. Check out the volume, no volume at all during the lower structure, but heaps on the tests to the top of the range, a lot of passing the supply over from pros who have made 4000% already and are offloading to people who think it's going to the moon. Hey.. I hope I'm wrong.. I'm just a noob anyway so don't listen to me.
FTX:FTMUSD
by Rolleys
2
Combining wyckoff's theory with ONCHAIN data"This is a hypothesis that needs more testing to be more precise." Wyckoff's theory t is one of the most influential theories of market expression, and the most important components of which are lateral movement areas and trends. This theory turns the graph into something like Dots and lines (stations and paths). But it is not as easy to use as written in books. After getting acquainted with Wyckoff's theory, I read several books on the subject, hoping that they could help me identify this area of ​​lateral movement, the area of accumulation, or distribution. But there was a fundamental drawback. It is challenging to diagnose this issue. In fact, the rules discussed in these books are highly interpretive and subjective, and two different individual traders may come to exactly opposite conclusions based on their interpretation. But as I became more familiar with the onchain analysis, an idea came to my mind that might be useful for more objectively recognizing charts based on Wyckoff's theory. Composite Man: Wyckoff proposed a theory to help understand price movements in stocks. this is the “Composite Man” theory. (The same concept of whales or strong hands.) he said: “…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.” (The Richard D. Wyckoff Course in Stock Market Science and Technique, section 9, p. 1-2) In fact, composite Man is a hypothetical man who has so much money and stocks that when he wants he can gradually increase the price by buying stocks and creating demand, and when the price goes high enough he selles his stock and lower the price. The composite man is the main player in the market. Wyckoff says that if you want to make a good profit from the market, figure out what a composite man game is. In fact, having a way of showing us where the Composite Man is in the market, can help us understand future trends Who are the strong hands in the cryptocurrency market? (I use the strong hand word here instead of the composite man) There are those who buy or sell more per capita than other market participants (retailers). To understand this in the bitcoin market, I have used 3 charts and concepts: 1- Sending Addresses: The number of coins addresses making inflow transactions to the exchange. Indicates the number of sellers' wallets (number of sellers) 2- buyers Addresses: The number of coins addresses making outflow transactions from the exchange. Indicates the number of buyers' wallets (number of buyers) 3- Pay attention to this issue: the volume of transactions shows both the volume of sales and the buy (Volume of buy and sale is equal in the market) Considering the above 3 issues, it can be concluded: - If the number of Receiving Addresses is higher than the Sending Addresses (the number of people who bought compared to the number of those who sold), it indicates that more people bought and fewer people sold (given that the volume of sales and buys are the same) So the sellers were stronger hands. In such a situation, the composite man is on the sales side. - If the number of Sending Addresses is higher than the Receiving Addresses (number of people who have sold more than the number of people who have bought), it indicates that more people have been sellers and fewer people have been buyers (given that the volume of sales and buys are the same) so the buyers were stronger hands. In such a situation, the Composite man is on the buying side. To do this, the oscillator at the bottom of the chart divides the Number of Receiving Addresses by the Number of Sending Addresses. Numbers above 1.2 indicate that the Composite man is on the side of the sellers and should expect a price reduction in the future. Values below 1 (or 1.2) indicate that the Composite man is on the buyers side. And we should expect price increases in the future.
BITSTAMP:BTCUSDEducation
by cryptoonchain