Wyckoff Distribution + H/S near macro supply line.. Yes i've been shorting this but this is not financial advise and just my opinion..
BTC is in a big symmetrical triangle (Yellow lines) I am now more convinced the current trading range is a distribution schematic.. Mainly because of the volume that comes with these red dongers (Sign of weakness). Everytime we hit the supply line btc 0.85% takes a dive south and find temporary support at the bottom of the trading range.. We might test the...
The US Dollar has been in distribution with large speculators unwinding their net long positions (COT Report) that had been building since mid 2000. Currently the longs and shorts are matching each other and there is no commitment in the US Dollar. The volume signature has also decreased. The correlation with the 10 year bond yields has also shown a significant...
For re-distribution, Phase A will resemble the Phase A of Wyckoffian Accumulation. Phases B-E will resemble normal distribution
Hello fellow crypto traders!! Let me get right into it! Bitcoin prices has been dropping since it's all time high top. Coincidentally (or not), the all time high date was the day that CME futures started. From then, we have so far dropped from 20k down to 6k and bounced. But that bounce had retraced quite a bit and it seems that BTC is heading further down from...
I find ETC USD chart abnormally similar to text book distribution phase. Everything is presented on a chart. This is only my opinion, use it, or not.
Amazon has rallied for 15 weeks into last week's close after accumulating at the mode back this past fall for 15 weeks. In other words: Amazon has "run out of time". Once Amazon blasted off on its previous earnings report back in October, it kicked off a 15 week rally which ran far beyond the rally that was implied by the previous move from $766 (where it...
BTCUSD is in the last phase before a further move down. If the price cannot get above the ICE, the price will fall further. See the Attached YouTube video on distribution to explain the concept. www.youtube.com
The breakdown of the XRPUSD from the big speculative top formation is readily apparent from the chart. The market is driving towards the weak long holders' stop order pool to wash out weak longs. Until those trapped weak longs are washed out, we are not going to see price rallying above 2.4 dollar mark. What I am looking for is a accumulation pattern below 1.4...
When it comes to cryptocurrency trading, almost everyone is looking for quick wins... Buy and sell after 5%, repeat this several times in a week and boom... But what about playing the game in a different way... Here's a great strategy to make 500% on almost every trade you will make... Just watch out for new cryptocurrencies getting into the game in Bittrex. For...
NOTE: I am not actually in a short position as I really dislike shorting bitcoin at times like this. It is a risky maneuver especially since Bitcoin often rallies hard to the surprise of many. I have just sold all my Bitcoin holdings which I have held since earlier this year. 2017 has been an amazing rally for Bitcoin with almost 100x growth. With the opening...
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has...
LTC broke down from it's 0.618 fib, and has now found support on 0.768. Its oscillation with BTC has graphed a wyckoff distribution cycle, which currently will be turning to throwback for a retest of 0.01 BTC. Several market signals point to a local bottom having been reached. CMF is showing bullish divergence on the daily for LTCBTC, and BTC has reached its...
Hey guys ! The H&S Pattern is now confirmed on eurusd You can short on the neckline or try higher for a better entry. Accumulation of : - Breakout and retest of few trendlines - Fibonacci confluence Entry , targets & stop loss are sets with standard deviation , pivot ,support/resistance zone, fibonacci retracements and trendlines . Good luck !
Making the case that the market has been in distribution of the USD since early in 2015 when a buying climax (BC) occurred. Since then the USD has been in a trading range with Signs of Weakness (SOW). Most of 2016 low volume adsorption occurred with an upthrust using the presidential elections as springboard. In 2017 we have seen signs of weakness with increased...
Fundamentals: GBYTE - Full Moon distribution, November 4 05:23 UTC Holders of GBYTE will receive 10% of their balance during this distribution round. This is an incentive to buy before this date. Technicals: There is support at 0.03