WYCKOFF RULE #2 The longer and deeper the accumulation phase is, the more powerful the breakout trend, “markup phase” will probably be. Three Wyckoff Rules Rule #1: Price action is determined by supply and demand. While this rule seems entirely obvious, deep learning of supply and demand dynamics is a fundamental part of the analysis. The Wyckoff method uses...
Sometimes I am surprised to see the similarity in symmetry between the architecture of our ancestors and the movements in the prices of financial market assets. you see some similarity in the pyramids of Giza and the descending channel in bitcoin price What do you think ? Do you think it reaches the bottom of the canal? Pyramids of Giza is Undergoing
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, The break occurred with an increase in volume and accelerated price decline.
Lack Volatility is Probably the First Sign of the So Called Crypto Winter Lack of Interest in Trading We May are Facing a Crypto Winter Definition. “In the Crypto Industry, We Call it Bitcoin Winter and it Can Last for Two to Three Years. So After it Peaks Out… People Should Be Aware that it Could Fall as Much as 80% to 90% of its Value from the All-Time...
Bearish Sign in Charts Bitcoin Could Revisit $20,000?? Bitcoin Forming Head and Shoulders if Falls -70% Will Hit $ 20,000 Could Fall More than -70%??? We Had Three Similar Draw Down Before (-93%, -86%, -84%) I Truly Believe if we fall Under $30,000-$28,000) and Price Do Not Rebound Quickly We Will Experience a Massive Liquidation Taking the price to $20,000...
If the Next Peak Does Not Occur in October or November, Most Likely it Will Occur Until May 2022 Bitcoin Keeps Breaking Models The Next Possible Peak Would Be an Average of the Previous Cycles?? We Have to Wait to See How Prices Evolve in the Coming Months Extended Bars Patterns - Elongation Cycles Give You a Visual...
Mission Control Roger! No Worries!! Continue our Program We Still in Bull Market
Bull vs. Bear Markets What is a Bull Market? A bull market is the condition of a financial market in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market but can be applied to anything that is traded, such as bonds, real estate, currencies, and commodities. Because prices of securities rise and...
exceeding September 2011 with -40% VS -40.74 Today's 72 Significant Hours for Bitcoin to Hold Support or Break to the Downside "Something that we Definitely Dont Want to See"
The Worst Monthly Close for Bitcoin was in 2011 August -38.19% September -40% October -36.33% Are we Experiencing the Same of 2011?? Hope to Hear your thoughts 😉
THE NEXT STEP OF THE BIG WHALES YOU SHOULD KNOW !! WATCH THIS DATA!! 😉 It is the perfect time for the new corporation to file the legal paperwork to convert part of its balance sheet to bitcoin in anticipation of a big explosion in bitcoin in October if you think Wyckoff Events and Phases was perfectly prepared for the big whales. Well..!! they did incredibly...
TIME TO REACCUMULATE “ Probably be the bottom of the next bear market ($40k-$60k).” I believes that altcoins have also not finished their ascent this cycle and that the group of crypto assets will likely range for a significant period of time before beginning their final run. “What I see is that many altcoins have completed the...
Read Until the End if you want to Know why we are Experiencing this Deep The graphic is a Visual Representation of the Amount of Days Took the Price to hit 150 Level (You Can call it overbought, Bubble, Price Over Extended, You Name it!!) and the Mid Level of 97.50 Representing the Point when Hit and Break Below 97.50 Area to Comeback in the Future to ...
I KNOW YOU DIDN'T LIKE MY PREVIOUS IDEA !! BUT IT IS WHAT IT IS !! I want to share something I read in one of my favorite books Every time a cloud appears above your head, think, behind this gray cloud, the sun is still shining brightly. I THINK TODAY IS THE DAY!! PS: Just open the door of your opportunities and follow the process you won't Regret it. extended...
Bitcoin Breaks 50 and 100 MA and now 200 MA is in Play Last Chance for Bitcoin to find Support Level otherwise Wyckoff Model will Play Out $38,000 Last Chance!!!
YOU MUST CHECK THIS DATA!!!!!!!1 I want to share this data that I considered of utmost importance The similarity between the price of bitcoin and Wyckoff Events and the phases. This is a carbon copy of the movement of the textbook in Phase A, B and C Phase D bitcoin acted on ascending trend instead But the price is now exactly in the Support Lines as shown in...
PAIN CONTINUES IN THE TECH SECTOR NASDAQ On Track for the Worst Month of the Year More than Half the NASDAQ 100 is 10% or More From its 52-WEEK High If you follow my idea I posted on May 4 I Analyzed the potencial drop between the 0.168 and 0.5 Fibonacci Retracement and now is breaking bellow those levels with a possibility for RSI to drop at over sold level...
If Breaks Below Will May Sink into 6 Years Low which Make a Nice Possible Entry to go Long. NFA