LINK- Re-accumulation w/SpringBIST:LINK
Is a Wyckoff Re-accumulation w/Spring about to jump the creek...?
Jumpthecreek
Monster Run Starts 7/11Updated details from my post on Friday 7/8. That was done in a hurry with the primary message being "seize the opportunity and Buy while its still in the 700s"... Here are my expectations after running a full analysis - I should note that the method I am using to calculate targets is my own, the Elliot Wave shown is just a supplemental check I use to confirm the move I am seeing coming using my method is plausible with respect to the larger structure:
- Pre-earnings target = 917.61, with the most explosive part of the move coming next week (7/11/2022 - 7/15/2022). There might be some resistance around 822-853, but I think it has the setup to squeeze right past it with consecutive big green days.
- After testing low 900s as a sign of strength, it might pullback/consolidate going into earnings. Post-ER target range is 955-984, and in the right environment it can even test the major resistance around 1150. I'll re-eval from there when the time comes.
Markup was activated with a break above 747.90, and then close above deep purple trendline Friday 7/8. We already got a taste of TSLAs strength above the 747 after hours 7/8 when if got to as high as 777 after Elon withdrew from the Twitter deal. He knows what he's doing.
Regards,
Grimes
we are from the dimension that exists in Your future, translated in Our past via R.E.M. within the dimension that exists in Your present... or did
Nested Markup (supplement idea)I was going to type up some additional notes pertaining to my other post, but actually its time for some fireworks soon so I'll just leave this here - knock yourselves out. Will probably send update in the morning touching on the projected paths shown.
Reference this post for general expectations on levels. If you leave with any message its that things might get violent with NVAX price action these next few weeks.
Jumping your local creekBased on DMI and obv divergence on the 30min-1 hour time frame, this is a good setup to make a run back to upper 20k/lower 30k region.
Detecting equilibrium point 3-way intersection occurring around 6:30AM on Tuesday June 21st.
The way I see it BTC started trading bullish after the 17k got bought up and it’s looking like that was the spring of a very local accumulation phase, which would setup for an incoming sign of strength near the critical event on Tuesday morning. What would unfold if this materialized is a back up test and then continuation to near upper 20-lower 30k.. this would likely be part of a larger accumulation within the 17-30k range and could result in a larger spring down to the 13k level before initiating markup (and completion of corrective wave after big money loads the boat at average cost of 22k.
The blue lines are the local creek drawn at successive highs, we just saw an inflection from down current to up current which makes me think that that was a spring at 17k. The dashed purple are support across successive lows which might give some confirmation the sign of strength is coming if it can get back above the purple line immediately above price in chart.
Likely going to save the whole market next weekAccumulation. About to JAC
Can see same pattern at 1 minute interval if you look now it will give you a indication of what to expect in coming weeks at daily level.
Very similar end to phase D back in mid 2021 before it ran big.
Key levels near term are 37700 support, resistance at around 41k (will break easily I think). Then to 47k, 50k and will need to retest these as support before it really goes
Not financial advice. This is how shorts get burnt though, every post I’ve seen is missing the huge evidence unfolding that accumulation phase is finalizing.
If 37700 does break it has support around 34-36k and it those break I’ll become bearish to 29k.
Watch for the JumpI entered in a long position here at $52 for 30 contracts expiring at the end of January. Cashing out at $55 when it reaches the top of the trading range of the automatic rally.
obvious don't you think?Honestly, BCH is about to see a "jump" so to speak. Following this "jump", it'll crash but if you look at the long term support line which is the long blue line I laid out, you can see why the red line makes sense. I mean to me, it's kind of obvious but this is simply speculation. don't take my word for it, it's just a feeling.
XAU/USD, Jumping the creekWe are in the final phases of wyckoff, we broke above, we are currently sitting on an order block and at the top of the wyckoff levels, I see gold reaching to clear liquidity, i even see an order block that could be 200+ pips, the move is looking sexy, i see some consolidation, I'm waiting for the false break to enter, my trade enter spot is placed below the consolidation on,!
