The white horizontal rays at the consolidation resistance and the red descending support the consolidation support. When we confirm being in phase D, where we have either created another lower-low for the SoW or a wick out above the consolidation resistance for the SoS, then we can look for the confirmed LPSY or LPS respectively to enter our trades!
hello 👋 This is just an update/refinement of my Wykoff interpretation....i feel the more i post the cleaner it gets i also took an order block trade down at support. thanks for reading
On the 10m to 1h timeframe we can clearly see what appears to been an accumulation range having just had our potential spring point. We would want to see us come down to a higher low, above the SC and ST with high volume on the move back up from a bounce there. That would confirm our spring and likely lead to an SoS impulse that would absorb the remaining supply...
Lxchem making a nice rounding bottom pattern . It can start it's 2nd run-up . Accumulate Fast !
Hi Im Masoud Sadeghi , my insta : @crypto.sadeghi i see bitcoins behavior like that above pattern, I become glad to have your attitude in my account.
Interval: 4 hrs Description: Bitcoin is about to complete Big Wykoff's last leg. Big W stars from the midst of April till the middle of Nov!
Interval: 4hrs Description: BTC's post recovery on 50Ks and push toward 60K by the end of October via Triple Wykoff pattern! The red boundary line is where BTC can play down and come back to Blue.
Interval: 4hrs Description: Bitcoin's post-recovery on 50K's and the road to 60K by end of October. Let's throw a Halloween party! Hell yeah :-)
Interval: 4hrs BTC Bull case here and can propel BTC to the new heights!! As you can see parabola's leg can become Wykoff Leg.
Beautiful catch on GBPUSD before weekend Sell Limit off 80% of the 127M candle which initially was the extreme of the leg that pushed price to break the low from 01/09. Price has therefore come back up to mitigate some of the orders in the area which also holds some significance being in the NY session. SL set on the extreme high risking 6.6 pips in order to run...
According to the previous idea, price bounced from 1,618 of XA (check idea below) 1D Bearish CRAB has formed Goal - 28k Have a good trade!
The Gartley pattern for daily Chart of Bitcoin tether resemble W pattern, that All of swings are interrelated and associated with Fibonacci ratios. Point B closed bellow 0.618 fibo, Point D maybe with ration of 0.768 ration will be close in above first resistance in 56895 , and with point at 1.27 ratio above X point in 74863 will be closed, now in Phase (D)...
Wykoff distribution pattern for LTCUSDT with prediction of E channel
Looking for price to rise during EU session and possible start to decline around news before US Open. Risk to reward is good on this one.
Now that US Markets have opened up... I'm starting to see clues of a bottom reversal. Bearish volume has been declining... 👇 while the price has been dropping. 🤷 Effort < Result. At this stage with low volume and prices appearing to be creeping up (on the lower timeframe)... this could be a sign that sell pressure is exhausted and whales are accumulating...
Hi, I'm still learning how to read charts but a good friend showed me the Wykoff theory today and I started looking into them. Am I on the right path?
It is bullish they told you. 1K is cheap they claimed. Moon any moment they said. Grayscale buying they reassured you, well guess what the whales are doing.
For Educational Purposes only. Please do not short Bitcoin while it's above its 200 Day Moving Average! 😢 More bearish than bullish sentiment based on price moves in relation to decreasing volume and decreasing Relative Strength Index. 💚 Bitcoin may have a chance to bounce off the 0.618 Fibonacci Retracement at $38,642 🚨 Bitcoin may break down and at the Sign of...