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T-distribution

BITCOIN: The Worst Scenario!This presentation is for informational and educational purposes only; it should not be construed as investment advice of any kind. According to the daily chart , BTC still fighting for the level of $60K which may lead to reach to $75K all time high (according to the calculation of the target point using P&G for the last accumulation); and we may see a distribution in the market after that.. It could rebound at the $50K level and the price return above $65K so this chart will be invalidated; or it continue down to the next support which can be considered as a value zone to start accumulating again. Also, the fear and greed index shows greed in the market which indicates some major correction pending. Remember: Market is still uptrend, so the scenario will be canceled if the price makes a move towards $85K and breakout! This could be the worst possible scenario so the rest is all good :)
Short
by Akaai
Bitcoin Black Friday Special Discount!Hi all, Now that the distribution play has revealed itself, i'm looking for the mark down and completion of distribution following a reversal to the upside. We had a similar but different distribution play last year early September and the pull back ended at Fib 0.5. If this profit taking and bonus collection of money managers repeat itself, we can expect a similar behaviour. A pull back of ~20% That said, as much as i want to buy Bitcoin at 49k, the reversal of fib 0.5 is at 54.300 adjacent to previous markup range POC at 54.829. But the liquidation requires taking this level down and some more. At this point the previous top of last distribution perfectly matches a retest of this level at 52.666 This should happen within few days so a new accumulation range will be created which will magically complete by November 26th - The Black Friday. This analog is from the previous disttribution and see how accumulation matches Black Friday. Amazing! Let's see how it plays out! Trade safe and use a stop loss!
Long
by BitcoinMillio18
10
66.666Devil has it's own signature :) And 66.666 came up couple of times during the last week. This time it matches the mid-line of the upward channel. Don't get me wrong, i didn't work around this number, it was just very close to the intersections. So, my previous analysis is still in play and should this be a distribution, we will reverse at around 66.666 and complete the LPSY event with a reversal all the way down to the POC of the trading range at 61k where the most liquidity awaits and my long setup comes in to play. The bounce will be very critical as it should be a weak one that will fail at 63.333 (look at these numbers, i'm not hand picking them) So the long setup i gave yesterday is quite a tricky one that you should know when to exit or not! If 63k fails after the bounce and we loose the SOW at 57.820, the downside would be quite brutal, down to 57k first and 49-50k as the final target. If 63k holds, then this could be the shakeout before the breakout! So, the rest of November could be bloody as hell, where every bitcoiner meets the devil until the last stop gets hit. This scenario invalidates if we get a daily close above the mid channel (thick blue line) and move above towards the ATH. And then... 100k by new year / 144k early next year is still in play, just not in a straight line :) PS. There are a couple of sell the news event for today, taproot activation and Biden's infrastructure bill signature are both long time waited events. I don't trade the news, but the price has almost reached the critical levels too. So, don't long into the resistance! As always trade safe and use stop loss.
Short
by BitcoinMillio18
7
Swing Long SetupHi all, We are still in the upward channel and Bitcoin is entering the sideways trading range set by ST and AR. In between the two, the strongest support is at 60.943 which is the POC of this trading range for about a month now. The composite man will want to take down this support and liquidate longs before bouncing. That's where i'm planning to buy at 60.400. This way it won't take down the previous swing low at 60.050, so the market structure does not change. This will keep everyone bullish and create a front-run effect to feed FOMO who will be waiting at 60k to buy. Also it will coincide with NY opening on Monday! Bounce rally will end up somewhere above the AR ~64k, so everone will think we are going to moon. This will be the final LPSY event of the distribution range before mark down! If TOTT buys during this rally, then i will consider canceling the sell order and watch the target level for the swing failure before taking action. If not, this is where i will be selling. Downward target for this distribution range from pnf chart is between 50-57k, so i expect anything 57.xxx as the first conservative target to buy after this swing move. So, that's my plan for now. Let's see how it unfolds. Traget safe and use a stop loss.
Long
by BitcoinMillio18
13
URGENT! Limit Orders Cancelled, Here's Why!Hello, sleepless nights! I was searching for distribution schematics and found this uncommon but perfectly matching distribution schematic. Coupled with TOTT sell signal, i decided to cancel my limit orders and abide with TOTT, so i'm fully in cash. Bad news is, if we take down SOW, it's game over. Right now, we are still in the channel and let's hope we don't go lower than 57.820. I remember noting this level as a SOW, now it makes more sense in a distributional context. Right now we are getting rejected from the mid-line of this channel. 63.710 is the top of this trading range, so i expect it to be broken. Point of control is at 61k. This is the strongest level to hold with a small violation of the channel. I wish it would hold, but that would be too easy to catch. Bottom of the trading range is at 59.510 SOW is at 57.820 Last important level is 56.500, the infamous neck line that can put us in to coma. Loose this level and we can find ourselves at the vacinity of 50k. Not loosing money is making money, so i'll just wait and watch closely. The darkest hour, might be darker than you think :))) But hey, what do i know! Trade safe and use the f***ing stop loss!
Short
by BitcoinMillio18
21
UPST-- Time to go shortUPST-- bearish territory started. Might go down in waves. But the descend is on. The wild ride or more than 1000% gains since the beginning of the year are about to end. There will be a profit-taking cycle happening. Few data points, 1) 9 EMA crossing below 23 EMA 2) Price is not able to break above the trendline from recent highs. Forming lower lows on daily 3) Price is not able to break above 9EMA recently on 4hr and daily 4) 333 is acting as resistance from the left shoulder of the H&S pattern.... and in the distribution phase, as per stock cycles If you follow this chart, it is matching to the textbook representation of stock cycles. Will it go down before ER or after? Note: ER is on Nov 9th. It is time to watch this one. What do you guys think?
NASDAQ:UPSTShort
by nextgenm
1
Amadeus IT Group S.A.(AMS.mc) bearish:The technical figure Pennant can be found in Spanish company Amadeus IT Group S.A. (AMS.mc) at daily chart. Amadeus IT Group, S.A. is a major Spanish IT provider for the global travel and tourism industry. The company is structured around two areas: its global distribution system and its Information Technology business. Amadeus provides search, pricing, booking, ticketing and other processing services in real-time to travel providers and travel agencies through its Amadeus CRS distribution business area. It also offers computer software that automates processes such as reservations, inventory management software and departure control systems. It services customers including airlines, hotels, tour operators, insurers, car rental and railway companies, ferry and cruise lines, travel agencies and individual travellers directly. The Pennant has broken through the support line on 21/10/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 8 days towards 51.72 EUR. Your stop loss order according to experts should be placed at 61.00 EUR if you decide to enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
BME:AMSShort
by legacyFXofficial
POSSIBLE DISTRIBUTION SCHEMATICS ON CARDANO!Hello my beauties. It seems to me like the price could forming distribution schematics. The arrows are indicating more or less the events associated with a fully developed Wyckoff distribution, not an accurate prediction of what I expect the price to do. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
Short
by TrickleDownFX
BTC Wyckoff Accumulation Schematic #1 study 27/7/21A study of Wyckoff Accumulation Schematic #1 and comparison to previous distribution. It is possible that we have entered Phase D of a Wyckoff accumulation - an upthrust following a successful test of the spring from 28.7k (confirmed higher low on lower volume). We may now look for signs of an LPS/BU. The current move from the test somewhat mirrors 14th - 18th April from the ATH. There have been 3 tests of the RSI extremes on both the accumulation, and looking at the RSI, this is the first time we've managed to reach overbought levels since hanging to the lows. There has been a high level of liquidations during this move upwards, similar to the move down from ATH - this is a sign of strength. Time duration from PSY to mark down has been overlaid onto the current accumulation for comparison, and as a general target for what would be healthy following an ATH. Not to say that an immediate break up wouldn't be great, however the longer we stay in accumulation, the higher the probability of a larger move to follow. What we would like to see (and/or): DXY to breakdown from current local top, or two stay sideways without printing a higher high. A break up of 40k to test the AR and potentially work on an SOS. A range between 37.5 - 40k, with the lower bound holding as support and gaining strength for a push to the AR (likely good for alts). A bounce from 35 - 35.5k to confirm an LPS. RSI to hold and trend above 50. Volume to keep increasing. What we don't want to see: DXY to break up and make a higher high (from the current area, it would represent a structural change to direction and continuation of it's run). A breakdown from the 35 - 35.5k area. This would be a sign of weakness and builds towards invalidation of the schematic - caution should be used. RSI lower than 50 or reaching back to oversold would not be ideal. On-chain metrics still relatively bullish, with ongoing negative funding rates and BTC currently leaving exchanges. Fear/greed index also seems to be bouncing of it's lows.
BITSTAMP:BTCUSD
by fvideira
4
DXY - Wyckoff Market Cycle Theory!Hello TradingView Family, this is Rich and I found DXY H4 chart interesting, following the famous/great Wyckoff Cycle as per Richard Wyckoff. First, What is Wyckoff Cycle? - Accumulation Phase The Accumulation stage is caused by increased institutional demand. Bulls are slowly gaining power and as a result, they are poised to push prices higher. - Markup Phase Bulls gain enough power to push the price through the upper level of the range. This is usually a signal that the price is entering the second stage and that a bullish trend is emerging on the chart. - Distribution Phase This phase is where the bears are attempting to regain authority over the market. The price action on the chart at this stage is flat, just like the Accumulation phase. - Markdown Phase The Markdown process comes as a downtrend and begins after the Distribution phase. It indicates that the bears have gained enough power to push the market downward. on DXY, the cycle phases are highlighted in the picture. In brief, we are now in the Distribution phase and we are waiting for a breakout below the last low for the bears to take over and the Markdown phase to start. Meanwhile, until the bears take over, DXY would be overall bullish and can still trade higher. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
TVC:DXY
by TheSignalyst
15
My JB MA CHANNEL INDICATORWe all know that moving averages, in particular, moving averages of closing prices tend to be highly inaccurate indicators and frequently miss major tops and bottoms. In backtesting, they tend to be accurate some 30 to 40% of the time which is to my way of thinking unacceptable. On the contrary moving averages of opens versus closes for highs versus lows, when used properly avoid the drawbacks of closing moving averages, particularly when combined with a trigger. Shown above is my moving average channel method which uses the 57 SMA of Williams accumulation distribution as a setup or trigger. As shown by the arrows two consecutive price bars completely below the MA channel low and triggered by Williams below SMA constitutes a sell signal. Conversely, two consecutive price bars or more above the moving average channel high accompanied by Williams above its moving average constitutes a sell trigger. The moving average channel high, the red line is a 10 period Moving average of highs. The Moving average channel low, the green line is an 8 period Moving average of the low. There are at least a dozen applications of this methodology including its ability to spot trend changes, support, resistance, swing trades, market strength, market weakness, and more. I will post some of these additional uses of the moving average channel as they present themselves. Do note that in this chart there were two instances above the moving average channel high but these were not triggered by Williams AD and therefore the trend remains down for the duration of this chart. The methodology associated with my MAC is completely rules-based and works in any timeframe. Thank you my friend Larry Williams for developing your excellent version of accumulation distribution. Thank you Dan Wall here on TV for your brilliant coding of my work. Jake Bernstein (RBT rules-based trader) www.jakebernstein.com PS to see the MAC in a bull market take a look at a daily chart of Netflix (NFLX)
NYSE:GOLD
by rulesbasedtrader