BTC Long second wyckoff accumulationthis can be in 36 hour at 50K-51K
1H conformation after daily wyckoff accumulation.
100K by Dec 15-18 2021
120K by early Q1 2022
5.6K by Dec 15-18 2021
ETH maybe at 7.5K-10k by Q1 2022
My Current Benchmark for Crypto
Q1 2022
ADA $7.5-$10
SOL $275-$320
FTT $135-$170
MATIC $3.5-$4.5
BNB $750-$900
DOT $75-$100
KSM $1000-$1500
LINK $75-$95
UNI $65-$125
LUNA $85-$145
AR $125-250
WAVES $45-$75
XRP $1.45-$3.5
HBAR $$.45-$1.2
COTI $0.45-$1.65
VET $0.45-$1.25
Wyckoffaccumulation
$UUUU & *Completed* Wyckoff AccumulationThose of you who know me know I **LOVE** finding completed Wyckoff Accumulations. Today is a good day, because we found another one.
Introducing $UUUU. This stock has recently completed ~6 years of accumulation and appears to be in the early stages of markup. If you go through my related ideas of some other assets that have had similar setups, observe how those patterns ended up playing out. And bonus points here with how LONG (how much TIME) has gone into this pattern. This isn't like the 1 or 2 month patterns that crypto TA loves to go all-in with... this is ~6 years worth of effort to bring us to the start of what appears to be a major run.
Note: Don't get too caught up in FOMO - with a 6 year floor, I'd estimate it will be a year or two for the stock to hit it's ultimate top. Of course, the market is going to do whatever it wants and not ask our permission. If it pulls a GME and insta-moons with all of WSB, then the top will be found much, much sooner than a couple years (imo/nfa).
Link to schematic for review
school.stockcharts.com
AUDUSD Bullish for little bit longerMarket has tapped into my buy limit perfectly. Limit was set off the ST-b which initially broke 3 points of structural highs. Found the most volumest candle which was off the 9m time frame and set my buy limit off 80% of this particular candle. This is where institutions sold to buy up therefore coming back to mitigate the last of the sell orders before taking this higher in towards the distribution schematic higher. Market has sweeped Asian liquidity like I anticipated and have also filled some imbalance I spotted. SL is set below the extreme low of the candle. Only risking .5% of my account for a 42:1 R&R. Running this up towards the next distribution schematic from the 7th of September.
Bitcoin Wyckoff Accumulation - Incoming RallyNoticing the hallmarks of a Wyckoff Accumulation underway in the 4-hr timeframe. The formation of a bullish Inside Bar off the recent low signals an incoming rally. I not also the potential for an Inverse Head & Shoulders to propel price back over $50k. The manifestation of the ‘spring’ is a much lower probability, imo.
Re distribution Next event!Welcome to thunderboy21 technical analysis,
Here you see 2 parts on the chart that are very similar to each other, as i have said is my previous Post i was looking at this fractal from above distribution and projected it on this price action.
i shorted the top via this fractal for a 20% move down ( Did not expect that fast )
i think this is just going to play out, first on the rise up to 49k ish everyone gets ultra bullish and fomo longs, only to sell into the bigger sell orders that are waiting at these levels.
in the next post i will post the picture of this .618 - .66 fib with all the confluence i found! Make sure you check it out!
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Follow for more great insights!
that is thunderboy21 signing out
BTC Accumulation on MSOWRecently btc dropped violently, A move that caught many by surprise. As expected, that was a major sign of weakness for a larger distribution.
Price is being held in consolidation to create uncertainities among traders and also to accumulate orders for a mini long position. We can expect longs as we head into next week after the spring action.
This position would provide a reasonable RR and a good way to increase account balance.
Possible Wyckoff Accumulation on VroomI'm not too sure if this is accumulation or redistribution. If the price could break above the initial support of the sellers climax (SC) with some decent volume; I will be more convinced that we are in the final phases of accumulation. Lets just see what happens.
BCH/USDT Accumulation Pattern (Wyckoff)BCH/USDT Wyckoff Accumulation:
✅ Phase A & B sideways move lasted for about 1 month, with multiple retests of support.
✅ Phase C retest springs a directional move to the upside.
✅ Phase D awaiting break off structure with push to the upside
❌ Phase E
Additional Indicator Analysis:
- RSI shows that we are entering oversold territory. If momentum remains, look at possible upthrust potential -> see April 16th and May 4th: somewhere between 35 and 45%.
- MACD has just had a golden cross, 3 days prior.
Targets for the month of September:
Retest of previous highs $1158 and $1490
BINANCE:BCHUSDT
MES in Wyckoff phaseHi guys,
Just playing around a bit because of the holiday. Noticed that ES was forming a common pattern used in Wyckoff theory.
So far, we are rangebound, grabbed liquidity on both sides during news event but there is still a pool of liquidity above us. We formed a higher low (which differs a bit from the scheme but ok) and peeked slightly above the news wick. Markets are now closed untill tomorrow/tonight.
My bias for tomorrow would be mildly bearish, aiming for a grab on liquity past the lows made during this sequence. I would personally watch price action after we took out a low and found liquity, aiming for an optimal trade entry compared to the new low. Targets would be taking out yesterdays highs.
Good luck everyone!
TD Holdings - Low lot size position - Chart in DescriptionBuy low, sell high, might undergo reverse stock splits?
Also big volume spike, someones accumulating a buy position on this.
Good luck
ETHUSDT Accumulation Pattern (Wyckoff)This analysis is meant to illustrate the accumulation post the May 23th selling climax and automatic rally establishing support and resistance zones.
Wyckoff Accumulation:
- Phase A & B sideways move lasted for about 1 month, with multiple retests of support.
- Phase C retest springs a directional move to the upside.
- Phase D sign of strength with push beyond resistance -> turning resistance into new support levels.
- Phase E another sign of strength with push into pre-markdown support levels.
Additional Indicator Analysis:
- RSI shows that we are in oversold territory. This may lead to a pullback within the ascending channel.
- MACD has not shown an indication of reversal.
BINANCE:ETHUSDT
CHZUSD Wyckoff AccumulationThe line chart and volume for CHZUSD seem to loosely match a wyckoff accumulation schematic. Increasing volume on PS and low volume STs in Phase A. Phase B starts with high volume and wide price movements, then low volume on the price decline. Phase C has a low vol spring, then the test forms a higher low on low volume relative to the spring. Phase D creates LPSes on low volume and high volume SOS price markups. Phase E should consist of SOS price mark ups and LPS "stepping stones" higher highs and higher lows. The analysis suggests a price target of $.46 with a time horizon of 2-4 weeks with possible continuation.
Part 1: A simple analysis of Wyckoff of Wall StreetWyckoff was a pioneer in the technical analysis of the stock market in the early 20th century. He established the Stock Market Academy in 1930. The main course is to introduce how to identify the dealer’s process of collecting chips and the process of distributing chips/judge. Second and third, in the basic law of "causality", the horizontal P&F count within the trading range represents the cause, and the subsequent price changes represent the result.
Fourth, fifth, the relationship between price and volume on the candlestick chart to analyze the relationship between supply and demand. This law sounds simple, but it takes a long time to practice in order to accurately grasp the volume and price. I heard that Wall Street financial institutions are using Wyckoff's trading method to judge the trend of the stock market and look for opportunities. So what exactly is Wyckoff's theory? Today, I will introduce to you the famous Wyckoff transaction method.
The background of the birth of Wyckoff theory
Wyckoff's theory was proposed by Richard Wyckoff. He was a pioneer in the technical analysis of the stock market in the early 20th century. He and Dow Jones, Gunn, Elliott, and Merrill Lynch are considered the five giants of technical analysis.
Wyckoff is good at summarizing his years of failures in stock investment and is committed to introducing individual investors to the rules of the game in the market and the impact of large funds behind them.
In 1930, he established the Stock Market Academy. The main course is to introduce how to identify the dealer's process of collecting chips and the process of distributing chips. Till there are still many professional traders and institutional investors applying Wyckoff's method.
Two Five Steps of Wyckoff Analysis
(1) Determine the current state of the market and possible future trends.
Judging the current market trends and future trends can help us decide whether to enter the market and go long or short.
(2) Choose stocks that are consistent with market trends.
In an uptrend, choose stocks that are trending stronger than the market. In a downtrend, choose stocks that are weaker than the market.
(3) Choose stocks whose "reason" equals or exceeds your minimum target.
An important part of Wyckoff's trading selection and management is his unique method of using long-term and short-term trading point forecasts to determine price targets.
In Wyckoff's basic law of "causality", the horizontal P&F count within the trading range represents the cause, and subsequent price changes represent the result.
(4) Make sure that the stock is ready to move.
(5) When the stock market index reverses, there must be contingency measures
Three-quarters of the stocks are moving in line with the market. Grasping the market trends can increase the success rate of transactions.
Wyckoff's price cycle
Wyckoff believes that through detailed supply and demand analysis, including research on price behavior, volume, and time. The market can be understood and predicted.
Wyckoff's 3-Laws
Wyckoff’s icon analysis method is based on three laws, which affect all aspects of stock analysis.
For example, the forecast of the market and individual stocks, how to select stocks, and the appropriate points to enter the market.
1. The principle of supply and demand determines the direction of the price.
When supply is less than demand, prices will rise; when supply exceeds demand, prices will fall.
Traders can analyze the relationship between supply and demand through the relationship between price and volume on the K-line chart.
This law sounds simple, but it takes a long time to practice to accurately grasp the relationship between volume and price.
2. The principle of causality can explain the magnitude of future price rises and falls.
Causality can help investors predict target prices. Calculate the size of the future market by calculating the chips in the sideways interval.
You can use a point and figure chart to analyze the cause and predict the result.
The "cause" is the number of points in the horizontal interval in the point and figure chart, and the "effect" is the ups and downs of the stock price caused by these points.
3. The principle of inconsistent volume and price can provide an early warning of trend changes.
Inconsistency between volume and stock prices is often a signal of a change in trend. For example, in the case of continuous heavy volume, the increase in stock prices is getting smaller and smaller.
This phenomenon shows that the dealer is shipping.
Application of Wyckoff Transaction Law
Let's use the dollar index to explain some of Wyckoff's concepts.
The long-term bear market after its peak in 2001 ended in 2009. The fall method without resistance from 2001 to 2005 has proved to be an oversold market, and then the rebound in 2005 was relatively large, which we call the market-to-sales ratio (PS), and the subsequent fall speed tells us that the trigeminal indicator (SC) occurred NS.
Looking at the increase in AR, the loss of SC is almost flattened, and the resistance of the supply line is completely negated, which shows that demand has absorbed the selling in the supply area.
Wyckoff believes that the popularity indicator (AR) is the beginning of the true volatility (TR). Whether this TR is distributed or demanded depends on subsequent development. During the development of TR, CM's methods began to show. From their behavioral characteristics, it can be seen that this TR is a collection and distribution.
Of course, after knowing the accumulation or distribution, you also know whether the market outlook is entering a bull market or continuing a bear market.
In 2009 and 2011, the position of the ST tells us that the demand is greater than the supply. Otherwise, the demand generated on the SC will be absorbed by the large supply, causing the bear market to continue.
Based on these characteristics, we judged that the accumulation may be greater than the distribution. Because if it is a distribution, the supply is still surplus, then any demand accumulated by the rebound will not help, and the price can only continue to look for greater demand.
In conclusion:
For the Wyckoff transaction law, many professional traders are using it, but the retail public is still not widely used.
The completeness, systematicness, and logic of Wyckoff's method, as well as the ability to find high-probability and high-yield transactions, make his stock selection method and investment strategy stand the test of time.
Wyckoff’s training methods enable investors to make sensible, fact-based trading decisions without being disturbed by emotions.
Using the Wyckoff method, traders can put funds on the side of the smart money that is the main force in the market.
As the content of Wyckoff transaction law is more, more knowledge about Wyckoff transaction law, I will write another article to introduce to you.
BTC Wyckoff accumulation COMPLETED!!!There we have it, a completed Wyckoff accumulation. Phase D completed with this consolidation after the SOS (mentioned in the previous idea). Now we have the last resistance around 51K, and after that we should be clear for new all time highs. The price back tested the PS resistance and now is looking up.
AMC - WYCKOFF ACCUMULATION - CONCLUSIONLooks like Monday should be our Phase E climb.
Small pull back on Friday which should have been launch, but they had to scoop up those 75% calls OTM for sweeps.
I'm ready, just wish I had applied this sooner and grabbed up some calls for next month. Any millionaires pending out there for next week or two on this play?
$59 On Monday or Tuesday
BTC Wyckoff text book accumulation, ready for MARKUPFollowing the idea of the Wyckoff accumulation that has been discussed by trading community last month.
Now it looks like clear Wyckoff accumulation, we had the spring. We flipped the Q3 opening which was also the middle of the range (35.5K), retested it (at 36.5K when the price rallied to 40K then bounced on 36.5K, which is above the 35.5K middle of range, so it should be considered as a sign of strenght.)
What happened and why so much people got trapped ?
We printed 8 daily green candle since the 21rst of July, which can be considered the spring of the Wyckoff accumulation.
People called for price below 28K because of the wicks, but if you look at chart in LINES instead of CANDLES, you can see that we indeed had a spring, even if it was a weak spring.
But note that not all accumulation phase have spring, if you look at the second schematic of accumulation, there is no second spring (THERE IS NO SECOND BEST - ahum sorry ) school.stockcharts.com
Wyckoff accumulation should be analysed checked in LINE, or without the wicks .
Se we are currently at the SOS in the 39K - 41K range, option expires today in around 6h.
If there is no price reaction, there will be no FUD to worry about for most trader.
Let's see if price will markup and if we enter phase E.
Last thoughts:
We can't still confirm 100% that this is a Wyckoff accumulation we have to see if the price breaks 42K resistance, and starts trading in the 42-52K range, with 46K being the first strong resistance and middle of next range.
But looking at the momentum, how price bounced at 36.5K and price being nicely held/squeeze at top range resistance, it is very likely to see a price markup, and I would orient my trading strategy for longs according to these elements.
INVALIDATION :
What would invalidate this idea ?
If we break below 36.5K (last support) I would consider this invalidated.
If we break 35.5K (Q3 opening) I would consider this REALLY invalidated.
If we break 39K (low of SOS range) I would consider this MAYBE invalidated, but still remain confident in this idea, I would be looking at the price action on 1H - 5MN to see if structure looks bearish or bullish, and would try to add to my long position according of PA.