bear is about to start !!
It's evident that the accumulation phase is approaching its conclusion sooner than expected. The US100 index has notably fallen short of breaking its all-time high. Could this signify that major players are now offloading their positions to retail traders like ourselves? Even in the best-case scenario, substantial market shifts are occurring. I'd love to hear your thoughts on this
Wykoffmethod
AMC Wykoff Accumulation AMC looks to have found a floor at these levels. It’s a high demand stock has a lot of shorts. This is the longest floor amc has been in, in a while. And CEO came out and said Retail owns the float. So the downward pressure has to me mostly shorts. Which this long floor it’s possible this could be a Wykoff Accumulation method to break out of this supply and demand zone. Which right now is a 30% percent just to break the top of the chart. If it test and continues to the next resistance area that a 100% increase in price. Wykof accumulation charts I’ve seen in the past happened in times where the stock, or crypto is under a lot of downward pressure mixed with a lot of talk about upward pressure. If there’s people wanting that upward movement and technicals also have reasons to move the price upwards, the chance of this being a Wykoff accumulation is very high from the info I gather about it.
Solana + Wykoff + Elliott analysis Good morning reader 👋
Here is my analysis on the current consolidation phase we are in with SOLANA.
i labeled everything on the chart for an easy read.
i am just getting familiar with the Wykoff method so this is just my interpretation and could have mislabeled some areas
so feel free to express your thoughts in the comments below or give a like if you agree.
HEXUSDC Daily Chart Prediction with Wykoff AnalysisThis prediction is based of the apparent recent Wykoff distribution by forecasting a Wykoff accumulation. It assumes the long term trend line will hold support, yet perhaps seems a little bearish given the indicators shown below it. This is due to the number of upcoming end stakes. At this point new all time highs for the end of the year remain in play.
Algo Key Code with PTP on: RIO - CCIV -TME - DISCA - CCLSince there was such an overwhelming interest in weird things I find in gauging the market....I made this video that breaks down 4 stocks that I used Past Trend prediction on and paired it with Key Code to show confluence on these stocks going Up. Keep in mind these are 2 different paths from 2 different time periods and completely different moves altogether. If that doesn't speak to you I don't know why you are watching this.
I am iCantw84it, 1 of 33 people in the world with Acquired Savant Syndrome. You can google me: Scott Mele WECT to see a video about me. I paint amongst other things like trading. All things I couldn't do before my wreck.
If you like this video and want to see more like this pls like, follow, share, and comment below. As thats the only way I can tell if you want to see more of these.
Thank you,
iCantw84it
06.03.2021
BITCOIN 😲 Wyckoff Accumulation 👍 Short term reversal...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 quietly... 🐳
🚨 Still a work in progress! No guarantees this will play out.
Does this fit the Wykoff theory?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?
Bitcoin USD - BULLISH Signal!Bitcoin Has Entered Into Accumulation Phase, Confirmed By Selling Climax and Followed By Automatic Rally.. I Expect It To Form A Trading Range From Here (10.5k - 11K Range)..
Let's Wait For The Change Of Character In A Few Days Time To Confirm Bullish Bias.
Bitcoin So Far Has Maintained It's Bullish Momentum By Breaking 11K