#API3 #API3USDT #Short #ShortSetup #Eddy#API3 #API3USDT #Short #ShortSetup #Eddy
Its my "API3/USDT" short setup <3
Enjoy Guys ;-)
Distribution
🇬🇧 GBPUSD 🇺🇸 - Waiting for distribution from consolidationGBPUSD may show further growth. There are several reasons for this, including the positive geopolitical and fundamental background for the Pound. NFP could be bad on the back of US jobless claims increasing, which could affect the employment rate.
Reasons for further gains:
1) Today will be NFP. Expect the data could be bad for $
2) Price breaks local resistance
3) Consolidation of price above PDH and above 1.2750
4) Bullish trend and strong consolidation
#My #SAND #Short #Order #Activated #Eddy#My #SAND #Short #Order #Activated #Eddy
It's My SAND Short Order is Activated <3 Enjoy ;-)
Also Its time to dump crypto, You Can Short Any Altcoins too ;-) Have a Good Night <3
#BTC #New #Short #Order #Activated #Eddy#BTC #New #Short #Order #Activated #Eddy
It's My New Short Order is Activated <3 Enjoy ;-)
Related Relevant Analysis of Bitcoin : (( BTC/USD )) : Check Link :
I Don't Always Chart Distributions, But When I do, I WYCKOFFHe wouldn't be afraid to show his Bullish side, If he had one.
His mother has a tattoo that reads... Bear.
On the Crypto markets, He's allowed to touch the coin.
He is, the most bearish man in the world.
#XAU #XAUUSD #GOLD #DUMP #SOON #Distribution #Wychoff #Eddy#XAU #XAUUSD #GOLD #DUMP #SOON #Distribution #Schematic #1 : #Wychoff #Events & #Phases #Wychoff #Eddy
((" I have analyzed gold for you with a combination of Price Action + S&D + RTM + ICT + Volume Trading, Level 2/3 Book Map, Dow Theory + Wyckoff Schematic &...
Please Dont forgot boost and comment, i will answer all comments. "))
By : Dr. #Eddy SunShine 👨🏻💻 1/18/2024 ❤️
"Thank you to #TradingView for making this extremely useful platform and also for providing this social space to publicize the charts and all the interesting features it has."
Love you ❤️ #Eddy
TSLA Showing Distribution patternWatch out for Buying at the tops, that promptly follows with selling.
We are going to correct the S&P500 and other indices so be careful if you are long TSLA
* UMVD is red and so is Market strength indicator. Prices are stuck under Red TrapZone*
Bitcoin Distribution I aim to articulate the discernible trends depicted on the chart. Numerous trendlines can be observed in the historical movement of Bitcoin, with a notable convergence anticipated within the green-highlighted zones by 2024.
I anticipate the current distribution pattern to undergo a resolution downward, culminating in the formation of a plateau. This plateau may signify a potential period of financial relaxation in the near future.
Noteworthy points include the outcomes of yesterday's closed meeting with the leaders of BTC ETFs, which did not yield substantial price movements in an upward direction. Volatility, indicating a more accelerated position, leads me to consider the first two weeks of 2024 as a critical timeframe for resolution.
GBPUSDAs a student in the financial markets, learning about the market is interesting and it's a long journey to begin with. GBPUSD having a accumulation, manipulation and now waiting for a distribution. Will GBPUSD make a move early next year along side with USA rate cuts? Let's see what year 2024 lead us to
I don't post much as I'm not a signal provider nor a financial advisor. But one thing is that learning how the market behaviour, reactions and structure, it's simply interesting to me. If you have any thoughts on GBPUSD, let me know down the comment area, let's discuss about it.
This will be my last post and trade of the year 2023 holding it till next year 2024. Wishing you guys out there trade safe and happy new 2024.
Swing Trading - Concept of Accumulation and Distribution Following stocks have been discussed in the video
1. HG Infra
2. NFL
3. SPIC
Accumulation - Is always found on downside and any breakout may give 8-14% returns in short trade
Distribution - Is always found on top from where the price may reverse to downside
This video is made only for educational purpose. Do your own study before taking any trades.
YFI Huge Fakeout ! Yearn Finance (YFI) has orchestrated a strategic move, executing a feigned breakout from a descending triangle—a bullish pattern that saw a swift sweep of the $14,000 level. In this analysis, we unravel the narrative behind YFI's tactical retreat, its implications, and the anticipated journey back into accumulation.
Chart Analysis: The Intricate Dance of YFI
YFI's recent price action presents a nuanced storyline on the charts, characterized by a false breakout and a subsequent retreat into a potential accumulation zone.
Key Observations:
Feigned Breakout from Descending Triangle:
YFI exhibited a false breakout from the descending triangle, creating an illusion of bearish momentum.
The rapid sweep of the $14,000 level marked a calculated move to trigger liquidity.
Retreat into Accumulation:
Following the feigned breakout, YFI is retracing back into what appears to be an accumulation zone.
Accumulation zones are often strategic areas where institutions and savvy traders gather positions.
Critical Levels: YFI's Recharge at $14,000
Strategic Retreat and Accumulation:
The retreat from the false breakout aims to accumulate positions at a key level.
$14,000 emerges as a critical zone for replenishing liquidity and preparing for the next move.
Potential Scenarios: YFI's Journey Back to Prominence
Accumulation and Strategic Reentry:
The retreat into the accumulation zone sets the stage for strategic reentry.
Savvy traders may position themselves within this zone, anticipating a renewed bullish surge.
False Breakout as a Tactical Move:
YFI's false breakout could be interpreted as a tactical move to shake out weak hands.
The subsequent accumulation phase may serve as preparation for a more sustained bullish advance.
Trading Strategy: Navigating YFI's Tactical Landscape
For traders considering YFI in their strategy:
Accumulation Zone Entry: Assess entry opportunities within the identified accumulation zone.
Monitoring $14,000 Level: Keep a close eye on the $14,000 level for potential confirmation of strategic moves.
Risk Management: Implement risk management strategies to navigate the inherent volatility.
Conclusion: YFI's Strategic Maneuver and the Road Ahead
As YFI retraces from its feigned breakout, the narrative suggests a strategic accumulation phase underway. Traders are poised for potential bullish movements as YFI recharges at the $14,000 level, highlighting the intricate dance between feints and strategic positioning in the crypto arena.
🚀 YFI Analysis | 🛡️ False Breakout Tactics | 🔄 Retreat into Accumulation
❗See related ideas below❗
Share your insights and analyses on YFI's tactical retreat in the comments, contributing to the collective intelligence of the crypto community. The journey through false breakouts and strategic retreats adds layers of complexity to the YFI saga. 🌐📈🚀
S&P 500 short from resistance zone after days consolidatingAs title says, many days sideways indicate buyers is running out of fuel + we're at a strong resistance. Target the next support area.
Good Luck
NQ Power Range Report with FIB Ext - 11/30/2023 SessionCME_MINI:NQZ2023
- PR High: 16050.25
- PR Low: 16037.00
- NZ Spread: 29.75
Key economic events
08:30 | Core PCE Price Index (x2)
- Initial Jobless Claims
10:00 | Pending Home Sales
Another day of virtually no change
- Maintaining weekly range
- Failed breakout attempt above 16180 supply zone
Evening Stats (As of 1:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 200.87
- Volume: 28K
- Open Int: 280K
- Trend Grade: Neutral
- From ATH: -4.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
🔥 Bitcoin In Wyckoff Distribution: Top Is In?Over the last couple of week's I've been very bullish on the market. My 40.000 thesis for this year is still my personal most likely scenario, but that doesn't mean that we can't look at the market from a more bearish perspective.
So, in this analysis I want to take a look at a bearish Bitcoin scenario that might be playing out at the moment. Bitcoin might be trading in a Wyckoff distribution pattern.
As seen on the chart, the BC/UT/UTAD are nearly identical as on the schematic. Three higher-highs, of which the first two are sold off quickly, and the last (UTAD) took a while before it turned bearish.
AR and SOW are also fairly identical to the schematic. Difference is that we had two retests of the AR-low between UT and UTAD. In the end, the schematic is just a schematic and the market will rarely follow it exactly. I'm interpreting it more as a guideline instead of an exact science.
Were this pattern to play out, Bitcoin will likely retest the SOW area in the near future, and likely fall through the SOW support. This would also mean that 38.4k is the 2023 top, with a move towards 30.000$ being fairly likely.
Like mentioned before, I'm still bullish on the market. However, it's important to spot bearish signs when they are there. The fact that we had three higher-highs which were all sold off is alarming at the very least. Time will tell if this pattern will play out. For now, keep your eyes open and be watchful.
Share your thoughts in the comments, interested to see what the community thinks of this pattern.🙏
TVK: Accumulation Manipulation and Distribution to $0.16Exciting developments in the crypto space as TVK (ThetaFuel) follows a trajectory similar to LINK, experiencing a prolonged accumulation phase within a range. The recent shakeout below the range, swiftly followed by a sharp recovery back within, sets the stage for a potential upward move. Anticipating a retest at the 0.5 imbalance level around $0.036, with the first target set at $0.16. Let's delve into the details. 📈💼
TVK's Accumulation Breakout:
Range-Bound Accumulation: TVK has undergone an extended period of accumulation within a defined range, resembling the scenario observed with LINK.
Shakeout and Recovery: A recent shakeout below the range swiftly followed by a sharp recovery back within signals a potential accumulation breakout, reminiscent of LINK's historical movements.
Key Price Levels:
Retest at $0.036: Anticipating a retest at the 0.5 imbalance level around $0.036. This level serves as a critical point to observe for confirmation of the bullish momentum.
First Target: $0.16: Upon successful retest and confirmation, the first target is set at $0.16. Achieving and sustaining this level could pave the way for further upward momentum.
Trading Strategy:
Observing Retest: Patiently observe the retest at $0.036, ensuring it aligns with supportive price action and volume for confirmation.
Strategic Entry: Consider strategic entry points based on the confirmed retest, aligning with your risk tolerance and trading strategy.
Risk Management: Implement risk management tools such as stop-loss orders to mitigate potential downside risks.
Conclusion:
TVK's accumulation breakout, resembling the pattern seen with LINK, presents an exciting opportunity for traders. A retest at $0.036 followed by a potential rally to $0.16 is on the horizon, offering a dynamic landscape for crypto enthusiasts.
Wishing you successful trades on the TVK journey!
❗️Get my 3 crypto trading indicators for FREE! Link below🔑
Go woke go broke? - Anheuser Busch
From a technical perspective, Anheuser-Busch InBev (AB InBev) presents an attractive opportunity due to a substantial drawdown of over 20% since April, attributed to a perceived shift toward 'wokeness.' This phenomenon, commonly expressed as "go woke go broke," often reflects boycotts against companies embracing diversity, equity, and inclusion, or, in AB InBev's case, partnering with transgender influencers. However, this negative sentiment has potentially led to AB InBev being undervalued.
The uniqueness of this situation lies in AB InBev's diverse brand portfolio. Many of its brands are not immediately associated with the company, and while certain recognizable ones may face boycotts, the other brands continue to thrive. Notably, several of these brands hold higher market values than the more affordable ones that have been boycotted, which suggests that this strategic diversity could benefit the company.
Additionally, as the outrage associated with 'wokeness' appears to be subsiding, AB InBev may find itself in a more favorable market position. Furthermore, in times of economic uncertainty or conflict, consumer demand for alcoholic beverages typically increases, and AB InBev's comprehensive product range positions it well to meet this potential surge in demand.
Price Levels:
Strong Support: $49.80
First Resistance $59.90
Target 1: $65.80
Target 2: $88.93
Long-Term Target: $106.00
XAUUSD Sell, Wychoff SMART MONEY CONCEPTPrice is in an overal downtrend on gold. Price has recently entered a 15 min Point of interest (15 min Order Block). Price also started forming a Wychoff schematic within the POI leaving behind a small imbalance after the UTAD as indicated on the markup. Im interested in sells if price grabs the liquidity building at current price and triggers my sell limit on the 5 minute OB identified.
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
Everybody put your shorts on!A lot of volume and volatility on the upthrust, nonetheless bears are clearly on control (Bigger tfs bearish).
📈 Ethereum's Wyckoff Accumulation 📈Understanding Wyckoff Patterns: A Brief Overview
Richard D. Wyckoff's trading methodologies have stood the test of time.
These patterns are characterized by phases of accumulation, manipulation, and distribution.
Ethereum's 4H Chart: A Wyckoff Tale
On Ethereum's 4H chart, we see signs of accumulation, where smart money starts buying.
The next phase could be marked by manipulation, with price swings often seen as tests.
Following this, distribution may occur as the price rises to a certain level.
The Anticipated Outcome: A Bullish Move
Wyckoff patterns often conclude with a bullish move.
Traders are eyeing this setup for a potential uptrend in Ethereum's price.
Trading Strategy: Navigating the Wyckoff Path
Traders may consider entering or adding to positions during accumulation.
Caution is advised during the manipulation phase, as price swings can be volatile.
Distribution may be a signal for some traders to take profits.
Conclusion: Wyckoff Wisdom on Ethereum's Journey
Understanding chart patterns like Wyckoff can provide valuable insights into market dynamics. Ethereum's 4H chart currently reflects this classic pattern. While it suggests potential upward movement, traders should always exercise caution and use risk management strategies.
Crypto markets are known for their volatility, so stay informed, adapt to changing conditions, and trade wisely.
As we watch Ethereum's Wyckoff-style journey unfold, remember that trading is both an art and a science, and every move should be calculated. 📊🚀🌐
❗See related ideas below❗
Don't forget to like, share, and leave your thoughts in the comments! 💚🚀💚
XRP Bull Breaker - Alternate View By Popular Request (5:1 Short)My most popular idea by far, with over 70 comments in half as many hours, is this one, which I've revised in order to show the Trend Exhaustion details w/in the AVWAP Array on the 1D chart. Again, if you are a long term Bull, you won’t like it, and yet since I operate by the Steel Man principle, I welcome your toughest questions and chart-based counter-arguments.
As I always, I strive to render my ideas so that I need no words to explain them, although I can (and do) write detailed paragraphs (elsewhere).
Anyways, in the medium term, I expect price to fall to the $0.3785 shown here, which also marks the Point-of-Control from the last major swing low. Price Action already tested the positive 3rd Standard Deviation of the AVWAP from the same reference point, as shown, and will, by degrees, retest the negative 2nd Standard deviation below (+/- $0.22 USD as of this writing).
The stop loss shown here is discretionary and conservative, and should be revised for current conditions if you are considering a short trade. Closer study on lower timeframes may reveal a better entry or stop loss as the chart unfolds over time.
Hopefully this version clarifies a few details for the confused.
In practice, the Trend Exhaustion Wedge reveals stop loss and profit targets for day traders on the lowest time frames (minutes, even seconds), which are, by nature, moving targets on any given day. The AWVAP Array, on the other hand, is dynamic, and prints according to the timeframe, unlike the trend lines.
I intend to start live-streaming soon, so feel free to ask questions if you have any. Critical thinkers only ... XRP-Trolls need not apply.
Until then, be liquid!
XRP Bull Breaker - 7.77:1 Short + Longterm ForecastI just finished a complete overhaul of my XRPUSD chart, a portion of which is on display here in order to publish my medium and long range forecasts for this most “distributive” of digital assets. If you are a long term Bull, you won’t like it, and yet since I operate by the Steel Man principle, I welcome your toughest questions and chart-based counter-arguments.
As I always, I strive to render my ideas so that I need no words to explain them, although I can (and do) write detailed paragraphs (elsewhere).
Anyways, in the short term, I expect price to fall below the $0.3785 shown here (purely for the 7.77 R-Value) down to ~ $0.34, then to ~ $0.28 in the medium term and finally to ~ $0.22 at or near the next BTC Halving event.
From there your eye leads up to the Trend Exhaustion Limit and retraces until the end of 2025. Three years later, if my forecast is correct, there will be a final speculative peak, after which price should level off to some stable range of intrinsic value of ~ $5.89 throughout the next decade.
Obviously, this chart is not tradable, per se, and serves instead as an an introduction and reference point for lower timeframe ideas and videos I intend to publish. The complete chart has many granular details for targeting stop losses, and new details will be constantly updated (and erased) as price action unfolds.
Until then, be liquid!
