We are seeing a textbook Wyckoff accumulation schematic here imo. The phases are pretty clear. i don't think i need to explain it.
This type of setup usually indicates smart money loading up before a major move up. Lets see if this plays out. The spring has sprung and i think this is preparation for the markup phase.
Wycoff was a pioneer in technical analysis and market psychology. His methods were all about understanding the intentions of the smart money by the study of the price and volume. If you are new to this, it can take a little experience to see them as they can be nuanced.
There are no indicators for this. Just familiarize yourself with the patterns and eventually you will start to see them across all time frames.
Big money hides its moves. Institutions use fake outs, shakeouts, and traps to disguise accumulation and distribution. But once you see you cannot unsee.
There's a lot of noise and too much information in indicators, signals, bots, and hype. Market structure is enough if you know how to read it.
Wycoff patterns are literally designed to expose how big money works-but only if your watching from their perspective. Most people are still reacting emotionally, while institutions are executing a well planned narrative which is the same today as days past. get in cheap, trap liquidity and push price.
Wycoff today is still one of the cleanest ways to see the game behind the game
This type of setup usually indicates smart money loading up before a major move up. Lets see if this plays out. The spring has sprung and i think this is preparation for the markup phase.
Wycoff was a pioneer in technical analysis and market psychology. His methods were all about understanding the intentions of the smart money by the study of the price and volume. If you are new to this, it can take a little experience to see them as they can be nuanced.
There are no indicators for this. Just familiarize yourself with the patterns and eventually you will start to see them across all time frames.
Big money hides its moves. Institutions use fake outs, shakeouts, and traps to disguise accumulation and distribution. But once you see you cannot unsee.
There's a lot of noise and too much information in indicators, signals, bots, and hype. Market structure is enough if you know how to read it.
Wycoff patterns are literally designed to expose how big money works-but only if your watching from their perspective. Most people are still reacting emotionally, while institutions are executing a well planned narrative which is the same today as days past. get in cheap, trap liquidity and push price.
Wycoff today is still one of the cleanest ways to see the game behind the game
Trade active
this is the classic 12345 pattern. I was ready for 5 to hit. had alarms set. I was across the driveway doing trim work on my new tiny home. I was covered in dust and my fingers were covered in painters putty so it took me a few minutes to get inside and clean up so i could touch the mouse. but i got a great entry. I knew this was the last dip. or so i think. good luck to us all. i think were up for the summerNote
and there is 6. im trying to see if this thing is done yet. i dont think it is. ill add notes if i see anything
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i just sold everything. damn that was a good trade. but im not sure its done. so dont follow me unless your own TA agrees. I need to go do some work. the LTF moving averages need to catch up. and i will jump back in if i see fit. I had a trade in sui also from 2.04ish im not updating to "trade closed" status because i want to keep this thread open for me to post still. i will jump back in. but i can see eth dropping to 1700. let me look aroundNote
i think it is possible that eth goes to 2007, the weekly and 886 is and a bunch of other confluence you can read on the chart. def 1845 next where the 618. btc to 96150 now in short scalp on ONDO. let let this thing reset aka cool off. that was a huge move and some great profit. BUT IM GLAD IM OUT for now because never know if its a Dead cat bounce or notNote
ive been playing some bounces. but missed the last two. im hoping for a lower entry. but i like this view. a critical level held. i dont have much faith in ETH for the last year. but well see. i would be surprised if the posted idea played out. but im watching for it.
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it looks like it could fire up to 2400-2700 Note
got back in ETH at 1828 road to 2125. close 20 of the 35 here. lets see for the rest. i actually do expect much higherNote
my btc target has not hit yet so i think eth can for another 100 for sure as btc goes to the fvg around 103-4kNote
wish i could sit om my hands. Ive been in and out of eth many times . This round tho been back in right on time. i think $2400 is inevitable. I had to rebuild this wykcoff chart. 
When I make a post, i will continually make updates while the PA is building and moving so you can follow my thinking. Follow for notifications. Boost and make comments to let me know you care.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
When I make a post, i will continually make updates while the PA is building and moving so you can follow my thinking. Follow for notifications. Boost and make comments to let me know you care.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.