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Wyckoffreaccumulation

Wyckoff Structures Shown On Daily BTC ChartArrows indicate Spring actions on January's re-accumulation and February's accumulation after decline. Currently in our re-accumulation we have perhaps been just subjected to a "terminal shake out" which saw us drop down to $50400 and a wick down on the daily into our old trading range. We have managed to rally up and break our local trend line, if we keep this up we could be seeing our SOS (Sign of strength) before making a mark up. Its just an idea we need more confirmations yet but so far the scenario looks very strong. Long positions built in the terminal shake out stage are now in a very strong and profitable position even if BTC fails to break out of its range fully and enter the SOS stage.
BYBIT:BTCUSD.P
by FX_TWIN
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
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