Get started

Wyckoffaccumulation

BIG Money Accumulating SHOP shares? Wyckoff Accumulation FormingOpposite the Wyckoff Distribution is the Wyckoff Accumulation. This is a sign of buying from big money. It shares many elements of the distribution and is broken into 5 phases. I will briefly outline them below... =================== Wyckoff Accum Phases Phase A: Phase A marks the stopping of the prior downtrend. Up to this point, supply has been dominant. We should see volume taper and spreads widen (price-volume divergence). Big money will scoop up shares to create the AR on increased volume. A trading range is created using SC and AR. Phase B: Is the actual accumulation phase. Prices are low and easy to grab. Expect the price to ping pong within the trading range as big money optimizes their average. Expect many stop hunts and false breakouts to free up shares. Phase C: It is in Phase C that the stock price goes through a decisive test of the remaining supply, allowing the “big money” operators to ascertain whether the stock is ready to be marked up. The shakeout is the optimal entry point but it does not always occur. Phase D: If we are correct in our analysis, what should follow is the consistent dominance of demand over supply. This is evidenced by a pattern of advances (SOSs) on widening price spreads and increasing volume, as well as reactions (LPSs) on smaller spreads and diminished volumes. During Phase D, the price will move at least to the top of the TR. LPSs in this phase are generally excellent places to initiate or add to profitable long positions. Phase E: In Phase E, the stock leaves the TR, demand is in full control and the markup is obvious to everyone. =================== I believe the following points are in line with the phases above: Decreasing volume and a widening spread before the start of the range. It is then followed by buying on increased volume. We have already seen Phase A. Phase B is the accumulation. Note the increases in volume on the up moves but decreases in volume on the down moves. I think Phase B is mostly over if it has not been completed already. Phase C will often have a shakeout. SHOP reported earnings and dumped to the lower end of the trading range. Although it did not break the range, I think this was the anticipated shakeout. We have since climbed higher on average volume and have now broken the upper range. It is reasonable to assume we are in or transitioning to phase D. It is important that we see some form of consolidation to confirm the upward move. If we do not, we could see more tests of supply and moves back into the trading range. We are currently above the 50 Dynamic Moving Average but below the 100 EMA. This shows that the medium-term trend is flipping bullish but the longer-term trend is still down. The vol osc is also showing increases in volume supporting the move upward. Higher time frames also indicate that this trading range formed at previous support. Overall, I think the stars are aligning to take this stock higher. Eager to hear your thoughts.
NYSE:SHOPLong
by Decam9
4
The SpringROKU has been undergoing a complex accumulation phase for the last 3 months. This chart shows the boundaries that have formed, and it can be broken down further into 5 zones of alternating 3-point moves (e.g. relative low, relative high, relative low). Volume has decreased, volatility has decreased indicating accumulation. Also the DMI is characteristic of accumulation. This gap down on earnings will be the spring, it will get bought up fast. Next to come will be the sign of strength, then backup/retest, and finally markup. The green path is illustrative but the expectation is that it will be trading in the 90-110 range by end of August. Markup will take it to 130-180 by end of year and that will begin the next bullish cycle toward new all time highs in the years to come.
NASDAQ:ROKULong
by JabezDolz
2
BTC new trend - Following on from my wyckoff accumulation ideaTo continue on from the wyckoff accumaltion posts I have shared, I now believe the "Phase E" of the wyckoff schematic is in full swing and the new trend has begun. As you can see on my chart there is a new upwards channel being formed consisting of higher highs and higher lows, so I think this is a sign that the trend has now changed and I have marked up my elliot wave forecasts using a fibonacci extension. As you can see we are in to the 3rd subwave which will consist of 5 waves up, so we will soon have a correction down to give opportunity to buy. Any questions, feel free to ask in the comments below. Full view of chart in comments too. Happy trading and be sure to manage your risks. GDuB
BITSTAMP:BTCUSDLong
by GDuBFX
2
BTC (Y22.P3.E2) Wyckoff alignment, The decider.Hi All, Just sharing some knowledge about this current structure. This lines up perfect with the wyckoff accumulation and re-accumulation structures. One is a reversal and the other is a continuation formation. At this point, we cannot know. Hence why this is the difficult stage. for BTC. Double top or 618 rejection area (pretty much the same as Dtop). Note the neckline is critical level to get out. If we lose this, we are headed to 15k What is next? Next week will determine the whole market direction with the likes of tech companies reporting profits\losses and the QE FED CPI meet. 2 targets based on how you apply the fibonacci and one equates to double top. The other, 25k as the next target. All the best, S.SAri
INDEX:BTCUSD
by ssari
BTC 4H Wyckoff accumulation update If you have been following my ideas, you will have seen I had posted that we had the "SOS" sign of strength stage and we were entering the phase e of the pattern. This turned out to be incorrect and as you can see on my updated chart, I have now marked this up again. The price has come down in a bull flag following the SOS which has now shaken out and stop losses on long positions and the market makers has absorbed these position and is now aggressively pushing price up, breaking out the top of the flag. The next step would be to break above the previous resistance level set by the SOS.
BITSTAMP:BTCUSD
by GDuBFX
1
BTC 4H chart - update on wyckoff accumulation/ elliot wavesGood morning traders, please see my previous analysis of the wyckoff accumulation (linked to this idea at the bottom). I have now cleaned up my chart as it was starting to get a little bit too busy. I have measured the fibonacci extension levels and drawn these on but removed the extensions tool and added in my predictions for price movements. I am expecting the purple wave 3 (lower degree of waves) to complete around the purple 161.8% level. I'm fairly new here, so would appreciate your support with Likes and comments. If you have any questions about my analysis send them in the comments. Happy trading
BITSTAMP:BTCUSDLong
by GDuBFX
2
BTC 4H chart - Wyckoff accumulation updateGood morning traders... Just a quick n update on my previous posts about the wyckoff accumulation... the price appears to be finding support around the previous resistance levels I suggested. Whilst most people will be looking at this as an abcde bear flag pattern which has been completed, I am taking a different view still. I have drawn on the trend lines for the bear flag pattern that most people will be seeing, but I have also combined the wyckoff accumulation with elliot waves and fibonacci extension levels to predict future price movements and future resistance / support levels for the new trend that follows a wyckoff accumulation. The bottom support level around $18.5k is a significant support level.... not just in this wyckoff accumulation, but it is also the weekly close price / resistance level from the 2017/2018 high which is now proving to be strong level of support. I'm melting in this UK Heat... all my fellow suffering Brits give me a shout 🥵🥵 Have a great day and good trading. DUB
BITSTAMP:BTCUSDLong
by GDuBFX
1
Wyckoff Accumulation BTC 4H ChartAs suggested yesterday, the price has rallied up to the "SOS" sign of strength stage in the wyckoff accumulation and is now retracing backwards. As per my predictions yesterday, I think the "AR" resistance level as highlighted on my chart will act as the level of support before moving in to "Phase E" of the Wyckoff accumulation. Phase E will be expected to break above the trading range and have higher lows which remain above the resistance levels and will be the start of the uptrend I'm expecting.
BITSTAMP:BTCUSDLong
by GDuBFX
Wyckoff accumulation on Bitcoin 4H chartIf you don't understand the wyckoff schematics, go research it on Google and you will find a similar picture to the one I have drawn. A good one is on the binance dot com academy. This analysis adds in to my last analysis of the weekly chart where I mentioned the bitcoin rocket is soon to take off. It looks like we are in "Phase D" of the Wyckoff accumulation and have just been through 2 last points of support "LPS". The next step will be breaking through the top level of resistance to the "SOS" sign of strength. The resistance levels at "AR" or the one above will then act as support and then lead in to the last stage of accumulation "Phase E". This phase is marked by an evident breakout of the trading range, caused by increased market demand. This is when the trading range is effectively broken, and the uptrend starts.
BITSTAMP:BTCUSDLong
by GDuBFX
Bitcoin - Bottom with Wyckoff MethodHi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. With this chart, I propose my idea of a potential Bitcoin / BTCUSD / BTCUSDT bottom by using the Wyckoff Method . The Wyckoff Method can be extremely technical and complicated, with many phases, sub-phases, sub sub phases etc. The four main phases of the market cycle are accumulation, markup, distribution, and markdown . On this specific chart, we're taking a look at the accumulation cycle. In this example, I'm pointing out all of the main phases with the turquoise anchor notes. You can scroll over them to see which phase it represents. I used time cycles (at the top of the chart) as a mere point of reference, I am by no means claiming to know what will happen on which date. As I tried a few things, this time based cycle just so happens to fit well into the time frame that I have in mind for these phases. Here are some terms and definitions you may find helpful when scrolling over the turquoise note anchors: PS—preliminary support - where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax - the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests. AR—automatic rally - which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR. ST—secondary test - in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC. SOS - sign of strength, a price advance on increasing spread and relatively higher volume. Often a SOS takes place after a spring, validating the analyst’s interpretation of that prior action. LPS - last point of support, the low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume. On some charts, there may be more than one LPS, despite the ostensibly singular precision of this term. BU - “back-up”. This term is short-hand for a colorful metaphor coined by Robert Evans, one of the leading teachers of the Wyckoff method from the 1930s to the 1960s. Evans analogized the SOS to a “jump across the creek” of price resistance, and the “back up to the creek” represented both short-term profit-taking and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new TR at a higher level. Furthermore, a brief look at the phases: Phase A Marks the stopping of the prior downtrend. Up to this point, supply has been dominant. Selling climax (SC) occurs here. Phase B Institutions and large professional interests are accumulating at relatively low-prices in anticipation of the next markup. The process of institutional accumulation may take a long time (sometimes a year or more) and involves purchasing at lower prices and checking advances in price with short sales. Phase C It is in Phase C that the price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. Phase D If you've plotted the phases correctly, what should follow is the consistent dominance of demand over supply. This is evidenced by a pattern of advances (SOSs) on widening price spreads and increasing volume, as well as reactions (LPSs) on smaller spreads and diminished volumes. Phase E Price begins to behave bullish as demand is in full control and the markup is obvious to everyone. Setbacks, such as shakeouts and more typical reactions, are usually short-lived. All of the above in mind, I believe we are currently trading in Phase B of the Wyckoff Method Accumulation phase. This means that we may still test support zone / resistance zone multiple times, until a clear bottom has been established. This, according to my analysis, could be around $12K, which has been a previous support zone during NOV/DEC 2020. _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
INDEX:BTCUSD
by CryptoCheck-
47
QQQ whats next??!!It appears QQQ has found a landing zone, and may now be in the accumulation phase, Using the Wyckoff Accumulation method, I analyzed what may occur over the next few trading weeks. In the short term I believe QQQ is bullish and looking to retrace to the .618 Fib resistance ($300-305) within a few days. After that Based on the wyckoff method, it may breakdown, given the marco-economics of the entire market being bearish, with alot of fear and uncertainty amid a recession on the horizon (if were not already), and the feds hawkish aim to control inflation, we may have a sell off that could lead below previous lows, as highlighted in the chart. Strategy 1: buy $300 calls expiration 8-19-22 Sell: Target price when QQQ reaches $300 Startegy 2: If QQQ reaches $300-305 Buy PUT 21 days from expiration ideally strike of $290 Alternatively QQQ could break over $305 and continue to rally and possibly reverse to the upside despite macro conditions. DISCLAIMER: I am not a financial advisor, I do not advise anyone to buy or sell anything, these are just my own ideas for my own use, trade at your own risk.
NASDAQ:QQQ
by Wastenotime
BTC-USDT In Accumulation zone(Wyckoff phases) Accumulation schematics by Wyckoff represents a primary model for accumulation(coin collection).it works to represent and examine the accumulation process.Besides,accumulation schematics also provide important phases to guide us through the trading position. Phase A: Indicates the pause of the downtrend(trading range).Till this point,supply remains dominat,which is witnessed in a decrease in coin prices for a short time accompanied by a heavy trading volume .You can see these events on price charts where heavy volumes are visible due to large tranfers of coins by the traders.here selling pressure also results in a slow downtend and an increased trading volume indicates the beginning of this phase. Phase B: this phase is based on Wyccoffs law cause and effect,as it is normally seen as a cause that results in an effect.The composite man gathers the highest volume of coins during phase B.During this stage,the market tests both support and resistance levels of trading range(TR).In simple terms,the price changes are wild and affected by higher volumes.Eventually,when the supply of coins is exhausted,the coin is ready to switch to phase C. Phase C: During face C, spring (shakeout)the price below the support level og the trading range quickly reverses and moves back into the trading range.You can consider spring as a period of the coin below the support zone to attract traders and investors.Its a final attempt to purchase the coin at the lowest rates before the rates rise again.its also notable that the bear trap attracts inexperienced investors to sell coins at low rates and wait the dump which evantually does not occur and price instead rise from that point without actually reaching that dumping point.In simple terms, spring (shakeout)is not always useful as trading volume remains unpredictable. Phase D: This phase is a transition between cause and effect,as its stands between phase C accumulation zone and the breakout of the trading range phase E.During phase D,an investor should keep the dominating demand over supply under consideration.During this phase ,the price rises to the top of trading range,you should strictly follow the potential dominance of demand over supply,the price normally moves to the top of the trading range and last point support provides excellant platforms for making a hefty profit.However,it is also notable that there can be more than one point where a downtrend is excpected to be paused due to an increased buying demand(last point support)phase D. Phase E: Is the final stage in which the coin leaves the trading range and demand comes in action.You can observe some typical reactions during these phases,such as most investors temporarily quitting their coins.
Short
by Abudzag83
Nested Accumulation (follow-up)ETHUSD activated markup for larger scale accumulation yesterday at 1089.43. It has now formed a nested accumulation with support at the larger scale activation level. In order to generate the escape velocity to begin this overall markup it needs to clear 1143.08. From there it will have the time windows shown in chart to get above 2333 resistance and attempt the full markup with a run to 3458. The important thing here is price needs to keep up with time. If it trades in the green zones it accomplishes this and will see explosive the explosive upside outlined in previous idea. If it trades in the blue zone price is exceeding time (ideal case for bulls) and this is where we can see some wild price action like back in July 2021. If it trades in the red zone it is at a major risk of more bearish price action. Finally, trading in the white (no color/fill) zones it will see sideways/consolidation. Refer to bigger picture for the main critical levels: Best of luck to all.
BITSTAMP:ETHUSDLong
by JerryManders
10
Bitcoin - A change of characterAfter breaking down below $25.3k on June 13, Bitcoin found a new low at $17,567, well below the 2017 all-time-high of $19,697. Signs of a Reversal In doing so, a pronounced price divergence appeared in the 4-hr chart, signalling a bullish reversal could be coming, and this was corroborated with the bullish engulfing bar at the low. Elliott Waves From that point, BTC has carved out a 5-wave impulse up to $21.7k on Jun21, a 3-wave correction back to $19.7k (confirming the 2017 high as support) and tentatively continued to climb up to $21.8k on the current bar. Moving Averages In doing so, we see that the 20MA has crossed bullish over the 50MA and the 12MA has crossed above both of these two. We can also observe that both the 12MA and 20MA are offering support to the price, propelling price higher, while the 50MA turned upward from its prior declining attitude. Wyckoff Phase C As laid out previously, the case for a Wyckoff Spring event being completed is compelling, especially when we observe the change in character of the price action as identified above. Investor Sentiment The Fear & Greed index is still in the signaling Extreme Fear, but has climbed up to 14 over the past week from a nerve-wracking low of 6 on June 18 and 19. In the past few days I have witnessed multiple polls from prominent “Crypto Influencers” that have confirmed a majority expectation of lower-lows to come. So contrary to the above indicators of a change in trend, the majority of investors and speculators seem to be biased in favour of the bear case, with expectations of $15k to $12k being prominent. It is important to assess what the predominate bias is, not because it is correct, but because the sentiments of the masses are always wrong at market tops and bottoms. Conclusion It appears that on all of the above measures, one can feel relatively confident that the bottom of the Bitcoin bear market has been seen and that the recovery will become more convincing to more people as prices rise. What do you think? Have we seen a change in trend, or are we about to take another dive to find a new low?
COINBASE:BTCUSDLong
by Crypto-Swing
1