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Wyckoffreaccumulation

Long on UJHere we are finishing complex pullback into the previous Source of Institutional orders.. Daily, 4 hour and 1 hour are all bullish... unless we break that bottom red circle.. We just faked out cleared liquidity from the bottom ( wyckoff accumulation on 5min, and shot up breaking the range,I would really have loved if we broke 15 min structure but it is what it is) now we are expecting a test, mitigation from the marked area to go up and rack all the targets and liquidity above... If for some reason we break lower a great reaction could be expected in that green square below (asian midline). Fundamentally interest rates supposed to be going up so DXY and USD pairs should start being bullish while stock market on a pull back which is happening now. If you stack in that green area you could double or triple you equity while risking only 1 percent or less.. This should be epic..
by LordFury
2021-02-16 ADAUSDT Bump and Run BottomADAUSDT has been forming a Wychoff distribution pattern, this resulted in a bearish push lower, but price has been snapped up. The recovery has resulted in the price action "jumping the creek" of the downtrend and is starting to form up as a bump and run bottom on the 1h timeframe. Target for this play is the top of the previous trading range, where the Wychoff uptrusts have been previously rejected. Stop is placed under the lows of the trend re-test.
Long
by DoryFish
Wyckoff Reaccumulation - Last BTC Chance!Hello, dear subscribers! Yesterday we told about the negative Bitcoin scenario. The price bounced off the key support level of $30000 because a lot of people believed in this level and took a great number of limit orders here. Two weeks ago we have done the article on TradingView about the Wyckoff accumulation and distributions scenarios. Today let's consider another one interesting scenario of Wyckoff's REaccumulation using the current Bitcoin price action. The Reaccumulation scenario is a hybrid of accumulation and distribution. The key points: 1. Preliminary Supply - after a huge uptrend the first significant pullback. 2. Buying Climax - price spread is large, all demand is satisfied by major sellers. 3. Secondary Test - the price goes back to the point of the preliminary supply pullback. can be multiple. 4. Automatic Reaction - the sellers pressure absorbed by large investors because the BTC price is small in comparison with the buying climax point, as a result the price pumps to the resistance. 5. Spring - it is not obligatory point, but do not wonder if this point is the case. This is the support failure point. 6. Sign of Strength - the area of multiple tests of the resistance with the last point of support. The final phase is the massive price growth. The main reason of this price action is when the price growth was too intensive, a lot of investors decided to take the profit and to buy the Bitcoin at lower price. During this phases the demand reaccumulates, absorb all supply and pushes the price to continue the growth The big danger could be here, because the reaccumulation can be confused with the distribution. You shoud pay attention to the Sign of Strength area beacause this is the key point in the further trend defining. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
4
Bitcoin : Signs of accumulation and more upside potentialThe Wyckoff Method is a study of how market makers and whale manipulate retail traders to get in, and out of large positions. It's something any serious trader MUST understand. You do not want to get caught in distribution, and you don't want miss out on accumulation or re accumulation. In this idea I am covering what seems to be a potential Wyckoff Reaccumulation phase on Bitcoin. What is a Reaccumulation? If you look at the idea linked below you can see the different phases of a market. There are 4 key phases in a Market Cycle: 1. Accumulation The heavy buying phase before the uptrend begins. 2. Mark Up/ Re accumulation (Current Phase on the chart) Mark Up is the uptrend, Re accumulation phases are sideways pauses in the uptrend where more buying occurs before continuation of trend. 3. Distribution The heavy selling phase before the downtrend begins. 4. Mark Down / Redistribution Mark Down is the downtrend, Re distrubution phases are sideways pauses in the downtrend where more selling occurs before continuation of trend. #2 is the current potential phase we are covering in this idea :) And as you can see in the image above, when the price was in a uptrend the Reaccumulation phases are marked in yellow. So a reaccumulation is basically when price of an asset is increasing in value, the market begins to move sideways with the direction up or down undecided, while this occurs a trading range is formed and many buyers are entering positions at the bottom of this range, reaccumulating for the next leg up. What is a Wyckoff Reaccumulation? This particular range described in the image with lettering is Wyckoff Schematic #2. The Wyckoff Method is a study of how market makers and whale manipulate retail traders to get in, and out of large positions. A Wyckoff Reaccumilation Schematic is basically a study on a advanced chart pattern whales and large size traders use to trick retail traders (mom & pop investors) into "PANIC SELLING" there asset or triggering stop losses under important support areas to generate the massive liquidity needed to fill large buy orders. They trick the traders and fill orders at the Shakeout and Spring areas. In the above image you can click the pins for a further explanation of each characteristic of the Wyckoff Range. So far Bitcoin is matching up quite well to this pattern, the PSY and Shakeout phases are quite obvious, not to mention that there is alot of Institutional Buying happening behind the scenes. It is likely this range breaks to the upside and we push towards the $45,000-$50,000 mark. If you visit: www.bybt.com You can see Grayscale Investments has added 26100 Bitcoin to its holdings this week, purchasing Bitcoin at a faster rate then it is produced, the rules of Supply and Demand tell us that when Demand outweighs the Supply of an asset, prices increase. Paired with the potential Wyckoff Reaccumilation range, if this pattern continues to form it will be a very strong sign higher prices are coming. If you found the idea informative you can show your support by Liking & Commenting! Thank you for reading :)
Long
by Worth_The_Ri5k
11