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Wyckoffmethod

BITCOIN Wyckoff Accumulation (1D) - Brighter Times ARE Ahead!This chart describes a typical Wyckoff Accumulation Scheme. Although Phase E is already in effect for a longer time now, considering market conditions and sentiment, I think the Distribution Phase is not anywhere near currently, especially not on the daily timeframe . I got a decent entry on this one earlier last month, and just wanted to share this chart with you as how much of a textbook Wyckoff Accumulation Sequence is this. But don't get too caught up in this demonstration, as price action tends to differ each time one spots a Wyckoff Pattern. I hope you found value in this chart, as learning the Wyckoff Method and Price Action is one of the most important things besides risk management. Alright you guys, take care and happy trading! NFA and DYOR
Long
by Lazarth
September re-accumulation worthen studyingAlready posted an idea about it, and upside are gonna happen on this one. Here it is, still looking amazing When analyzing a TR, we are first seeking to uncover what the law of supply and demand is revealing to us. However, when individual movements, rallies or reactions are not revealing with respect to supply and demand, it is important to remember the law of “effort versus result”. By comparing rallies and reactions within the trading range to each other in terms of spread, volume, velocity and price, additional clues may be given as to the stock’s strength, position and probable course. As for last September month, a re-accumulation was unfolding all the month. And these cycles can be more tricky to identify -> Here is the following part of the cycle, since I did not have place anymore on the main chart idea. Looking on the daily
Long
by bibsz
6
Updated Wyckoff Accumulation Chart for Bitcoin - Going to Plan Basic Introduction to the Wyckoff Method: school.stockcharts.com Current Schematic: ibb.co Old Ideas: --------------------------------------------- Trading ranges ( TRs ) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand . Institutions and other large professional interests prepare for their next bull (or bear) campaign as they accumulate (or distribute) shares within the TR . In both accumulation and distribution TRs , the Composite Man is actively buying and selling - the difference being that, 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 ." -------------------------------------------------- In this Wyckoff idea we can see we have clearly reclaimed and broken out of the trading range, if you observe the below schematic I believe we are currently looking to put in #14 LPS at this stage, I would hope for an LPS around 35-36k but that is not a guarantee and if the Fear Of Missing Out is strong in this market then an LPS bounce at 38-39k would make more sense. ------------------------------------------------- To put it simply, I am expecting a retracement on Bitcoin and this to be the last great buying opportunity we have before pushing towards the earlier highs at $60,000 region again. See the above Wyckoff Schematic and look at #14 LPS For cross referencing, this is the next stage we are looking for. My personal buy in levels recently are in green, my target areas are in red.
Long
by Worth_The_Ri5k
4
Palantir..... a case of accumulation Idea is based on Wyckoff theory. Although the price action has elements of distribution present (e.g. the lower low on the secondary test in phase B which could indicate a minor sign of weakness), I believe a more probable scenario is that we are currently still in an accumulation phase. Price held at the selling climax level and both supply and downward result decreased afterwards. We either are in the last phase of weak hands shake out where we will get one more test and upwards price movement, or we get a spring like action to capitulate weak hands and we resume to the upside from there.
P
by NQunlocked
RIPPLE - $XRP - [WYCKOFF] PHASE DPhase D The Phase D represents the transition between the Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E) . Typically, the Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS) , making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS) , as previous resistances become brand new supports. Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E . more information on the Wyckoff Method Explained here in Binance Academy
BITTREX:XRPUSDLong
by ferGOD
Dow Inc Showing Classic Wyckoff DistributionAmazing example on Dow Inc. of a Trading Range following Wyckoff Distribution Schematic #2. ------------------------------------------------------------------ What is a Trading Range? ------------------------------------------------------------------ In an trading range there is a equilibrium of Sellers & Buyers causing price to move sideways but unknown to many the large operators are slowly absorbing all the Supply or Demand of the asset before starting a major campaign. ------------------------------------------------------------------ What is Wyckoff Method? ------------------------------------------------------------------ "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. 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. ------------------------------------------------------------------ Further Reading ------------------------------------------------------------------ For more information check out Stockcharts.com, Wyckoff Introduction & Tutorial for beginners. school.stockcharts.com For Distribution Schematic #2 for comparison: school.stockcharts.com ------------------------------------------------------------------ If you found the idea informative & insightful then share the love with a like & comment, thank you!
NYSE:DOWShort
by Worth_The_Ri5k
5
Bitcoin wyckoff reaccumulation Is this what we could possibly see over the next 2 weeks? reaccumulation usually can last between 3/6 weeks. as this started the beginning of September I'm very bullish for Q4. after all it is the most bullish quarter in the most bullish year in the BTC 4 year cycle historically (A Reaccumulation serves the same purpose as an Accumulation with one main distinction. An Accumulation stops a downtrend as the Composite Operator begins the lengthy process of Absorbing shares. This begins with the stopping action of a Selling Climax (SCLX). A Reaccumulation is the process of Absorbing shares during an uptrend. It is a pause in a major uptrend that can take weeks to months (sometimes years) to complete. A Reaccumulation will begin with an acceleration of the uptrend into a Buying Climax (BCLX). A BCLX and an Automatic Reaction (AR) set the Resistance and Support areas of this new ‘range-bound’ condition. The trendless trading range will discourage many traders and they will sell shares to move on to other more active stocks. The C.O. uses the release and availability of shares to add to their positions. Wyckoffians will attempt to identify the footprints of the C.O. in the Reaccumulation process to initiate or add to holdings along with the Composite Operator. Often traders will misinterpret a Reaccumulation as Distribution. With careful analysis Wyckoffians can learn to make the essential distinction between these conditions. Recall that Absorption results in Reaccumulation or Accumulation, and price action becomes ever less volatile as the structure comes to a conclusion and the uptrend begins. This is because most of the available shares have been removed from the marketplace)
Long
by Cymoongale
2
Doge: Wyckoff Redistribution RangeIf Doge rejects here its a clear example of Redistribution.. Notice how well price respects the upper trading range. Only if DOGE gets back above 0.22 cents mark or so with STRONG buying volume can this bearish pattern be considered invalid. ---------------------------------------------------------------------------------- My redistribution is based on the characteristics of Distribution found here; school.stockcharts.com Let us remember that Wyckoff is not a CHART PATTERN, it is a METHOD OF TRADING RANGES that can be APPLIED TO ANY RANGE. That means characteristics of Accumulation can be found in Reaccumulation, and vice versa with characteristics of Distribution found in Redistribution. ---------------------------------------------------------------------------------- Thank you traders, Take Caution & Goodluck out there!
Short
by Worth_The_Ri5k
3