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Wyckoffaccumulation

Multi-Alts Chart - Monitoring the Next Alt SeasonThis is a chart showing the ranges of multiple alts. Most are near the bottom trading range (BTR) and or have had a spring. This is an amazing R/R opportunity provided we see a minor sign of strength (SoS) off the low. Ideally, we want a steady grind above the top trading range (TTR) with a health consolidation of support. Flipping the top trading range line as support would be another safer opportunity as another SoS would be soon to come. Not financial advice. For education/observation only. Nothing is absolute. Beware of the Composite Man.
BINANCE:AXSUSDLong
by onedotsix18
Bitcoin and Wyckoff Accumulation D1BINANCE:BTCUSDT Lets check classic Wyckoff Accumulation phase since drop In June. This is D1 Timeframe and if Historically October is green month with 15-60% moves up. We have an all chances break resistance and hit even 28-30K. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
BITMEX:XBTLong
by Crypto4light
5
Weekend analysis for EURUSD >> BullishJust finished my weekend analysis video and figured I would share my 4H chart. Following the drive up on Friday, creating a near perfect accumulation schematic, I am very bullish on EU next week. But only until Wednesday as FOMC could cause price to go either way following the int rate hike announcement. First target is 4H imbalance & 4H supply. If supply breaks, then 2nd target is daily supply. I have this idea, after seeing what happened with CPI, if the Fed sticks with the expected 75 bp, it could cause complete disappointment and DXY to continue to the downside. But its just a theory and we will have to wait and see to what extent the the Fed increases the int rates and how the market reacts to it.
Long
by AfterlifeTrading
3
$META Wyckoff Accumulation - Panic Selling - FACEBOOK BULLISHMeta - Facebook Chart resembling a Wyckoffian pattern - occurs in accumulation phase. You can see Facebook has had a big downfall from its top in September 2021. We can view the selling climax, preliminary support, and the secondary test - this particular pattern has a spring currently (panic selling) (breakdown of continuation). This is NOT the last line of defense for META, it can absolutely drop down - there is huge support at $139 - which would tap the lower trend of the falling wedge (marked in light grey trendlines). HOWEVER!!!!! -- check out the descending channel within the falling wedge - (descending channel is marked in green and highlights the Wyckoff Schematic ) and it seems to have found support at the 'spring' - bottom of the trend. This is generally a bullish pattern. To the left we can see a huge capitulation volume bar from February 2022 and the price as been descending all summer - selling volume is also in decline which is bullish. This is not financial advice but this is my take on $META
NASDAQ:METALong
by ChaldeaCode
5
BTC Will Probably Stay Boring For A While Before Retracement.As we have finally showing solid signs of bottoming, i would say that we have entered a wyckoff accumulation pattern at the lows. We've done something similar in 2015 and even in 2018, but it is looking more like '15. We are talking about completed crashing structure here, and not that we are just going to a new bull market here, at least not for BTC. With the Altcoins there could very well be a different story here, what i've already presented in a previous idea. Retracements usually reach to at least 0.5 / 0.618 fib. level., something what BTC still hasn't done yet. This always happens at some point. Best case scenario we could see prices to reach .702, even .786 (78.6% of the initial fall) which sits at 55k area, before turning back down again. This would trap a LOT of retail investors in, and this is something markets love to do. I am not a financial advisor so non of this should be taken as a financial advise. Be well.
by AVA37
5
BTC 4H Wyckoff Accumulation updateGood morning Traders, Following my previous analysis, I have updated my chart to show my thoughts on what's happening. Following the "sign of strength (SOS)" stage, we have seen a re-test of the "last position of support (LPS) stage and have now seen the typical continuation pattern / shape you would expect following the "SOS", where the price is converging before breaking out. I believe the "Phase E" of the wyckoff was delayed by the re-test of the "LPS", but we are now starting to break out of the top of the range and I would expect volumes to increase and price to increase, probably tomorrow when the market re-opens to the large institutional traders. We have also seen some of the minor downward trendlines break out upwards. Full view of chart in comments. All I keep seeing on other posts is that this is a "BEAR FLAG" or "RISING WEDGE" and price is going to fall to 10-13k, but to draw the flag / wedge trendlines, the line cuts through the price action / candlesticks. In my opinion if you have to do this to "make it fit", this is not a correct trendline and people pass it off with "false breakout" all the time, but a trend / pattern is not a trend / pattern if it is consistently having false break outs! As always this is not trade advice and is just my own view, so trade at your own risk. Like, comment and share! Have a great week and good trading! GDuB
BITSTAMP:BTCUSDLong
by GDuBFX
1
Long BTC to $25,600Cognitive flexibility, required to shift one’s bias from bullish to bearish, long to short, and vice versa, based on market conditions, is extremely valuable as a trader. In previous publications, I mentioned that since the BTC price has been in a down trending environment for nearly 9 months we should assume that the current trading range (31 days and counting) is re-distribution unless the market conditions tell us otherwise. The BTC price is up 22% since the secondary test (ST) on July 13. Thus, the current market conditions tell us that we should consider whether the current trading range is re-accumulation instead of re-distribution. If the current trading range is re-accumulation, then the secondary test (ST) on July 13 had a spring-like effect and the subsequent rally, which broke above the trading range upper bound, broke above the value area high (VAH, purple line) and, most likely, will close above the open of the significant sell bar (shaded pink) on June 16. This is bullish! The 2 day, 4 day, and 8 day all look bullish. With regard to a long position, target 1 is $25,600 and target 2 is $29,959. Wyckoff abbreviations: automatic rally (ARa), preliminary support (PS), selling climax (SC), secondary test (ST), failed upthrust (FUT), upthrust (UT), upthrust after distribution (UTAD), last point of support (LPS), selling climax (SC), shakeout (SO), sign of strength (SOS), sign of weakness (SOW), Phase A (Ph A), Phase B (Ph B), Phase C (Ph C), Phase D (Ph D), Phase E (Ph E). This is not financial advice. I am not your financial advisor. This is my opinion.
BITSTAMP:BTCUSDLong
by Eightchains
2