Wyckoffaccumulation
Potential spring for Wyckoff modelI believe this is a much more technically sound spring, while most people incorrectly assumed the previous phase B test was a Wyckoff spring. The volume was still too high last time. Volume has reduced since then and a trend change seems to be on the cards after dipping below the TR on low volume. Fingers crossed it succeeds.
BTC LONGS!!BTC gave a beautiful fractal accumulation schematic at the 22 min spring candle, will be looking to add more positions if and when we get back to test demand around the fractal accumulation area!!
Looks Like the BTC ACCUMULATION TRADE PLAYED OUTHey traders,
here's a trade I took earlier today based on a clear accumulation forming on Btc, which eventually broke out as the sell limits were canceled along with a load of market buys.
Wyckoff accumulation continuationFinally we are leaving Phase B, and entering phase C. Prepare for short term pain and then the bounce from the spring zone. This is the continuation from my idea (linked) but the time frame is largely extended.
BTC WYCKOFF EVENTS ANALYTIC - 2021/06/23Introduction
Meant for clients/community/personal use.
4hr and especially larger time frames (6hr, 8hr, 12hr, 1day) are effectively adherent to analysis.
Summary
Personal analysis drove me to comfortably gauge current action placement in PHASE C.
The length of horizontal lines are placed in relatively similar fashion to historic WYCKOFF analytics and aligned with possible dates of importance;
they are neither definite and ever changing for validation and trade proficiency.
Phase lines will move according to price action events that occur.
Conclusions of events that have occurred by phases:
Phase A
Selling Climax (SC)
Automatic Rally (AR)
Secondary Test (ST) - Often happen repetitively before shifting into Phase B
Phase B
Secondary Test (ST)
Broke Support
Phase C
Spring
Note from studies:
'Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. A terminal shakeout at the end of an accumulation TR is like a spring on steroids. Shakeouts may also occur once a price advance has started, with rapid downward movement intended to induce retail traders and investors in long positions to sell their shares to large operators. However, springs and terminal shakeouts are not required elements: Accumulation Schematic 1 depicts a spring, while Accumulation Schematic 2 shows a TR without a spring.' - Richard D Wyckoff
Conclusions:
Spring was effective upon engulfing 4hr up time frames.
My personal belief of patterns indicate Schematic 1 is conclusive.
Biotech - CSLModel has given entry signals for CSL Limited:
- CSL Limited is a global specialty biotechnology company that researches, develops, manufactures, and markets products to treat and prevent serious human medical conditions.
- We are very excited about opportunities in the biotech sector, as we believe the fight against COVID is going to move to the next phase in the nearest future.
- Technically in a Wyckoff accumulation structure with a spring, possibly testing the channel top.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
BTC Short term reversal tradeHey trader,
BTC bounced off of orderblock we formed earlier today, giving me a nice sniper entry targeting the highs and the previous days liquidity. And even I just noticed, looking at the chart on the 15min,(I sniped the trade on the 5min), we have formed a nice accumulation. I expect BTC to begin rallying into an uptrend for the next couple days.
Give me a follow and like this post for more. Also check out my links below to learn how to analyze the crypto charts using real price action.
ITS SPRING TIME FOR EURUSDHello traders. As we enter next week expect alot of chopiness and stop hunts as we near a longterme market shift.
Lots of high impact news on Eur next week. Make sure you are not caught on the wrong side of the market.
BTC - Wyckoff Accumulation seems to be happening. A recent 50% drop, Elon's tweets, massive head and shoulders and a death cross make everyone turn bearish as a result Fear and Greed index dropped to 14 last week, meanwhile big boys are reaccumulating. If you look at CME BTC chart you'll see an almost perfect (AR, automatic rally should be lower then the next HH) Wyckoff Accumulation happening on all of the time frames from 3h-12h. If it plays out it might give some fuel to the short squeeze that many expect. Even if we are in a bear market there will be bounces on the way to the bottom and the current set up might actually provide one.
Wyckoff Accumulation + Bullish BatFX:GBPCHF Has for the past couple months been forming a clear Wyckoff accumulation schematic. Its been manipulating the lows and we got the last low which was the spring, or shakeout. There is also a bullish bat which matches perfectly with the institutional candle that formed on the chart which is where your entry would be if you decide to take this long position. Your target would be the previous resistance at the high. Follow for more free trade setups! Good luck traders!
NOT FINANCIAL ADVICE!
XULONGTake PROFIT for sells moved to 1823 as the zone can be a mitigation/ Test for the Spring of the last Accumulation which can push the price Higher.
XU accumulationThe move up from 1819 left an imbalance and the OB that sponsored the big move was untested therefore I assume that before the price go higher a move down to complete the accumulation by creating a Spring while Mitigating the OB at 1817 zone
BTC/USDT Wyckoff Accumulation - 80% Accurate?BINANCE:BTCUSDT
My Cleanest that I can come up with.
What I did consider why somehow it is inaccurate.
1. Anticipation - Price where moved a bit and some are delayed in dip/pump. 1 reason: because of the market manipulation which will make this market a bit inaccurate down to 80% probability.
2. Fundamentals - Crypto fundamental analysis involves taking a deep dive into the available information about a financial asset. For instance, you might look at its use cases, the number of people using it, or the team behind the project. Your goal is to reach a conclusion on whether the asset is overvalued or undervalued.
3. Significant Dates - For example. the 12th of July 12AM and July 17 2021. These are significant dates because of the events that may come.
Example for that is GBTC wallet release for July 17th of 2021.
4. Technicalities - I am just allowing myself to have fun with the market it allows us to make educated guesses about whether a digital asset's price will increase or decrease in the future.
5. Market Psychology - my observance and collection of wallets to produce prevailing behaviors and aggregate sentiment of market actors at any point in time. The term is often used by the financial media and analysts to explain market movement that may not be explained by other metrics, such as fundamentals.
===========================================================================================================================
REF: www.investopedia.com
Phase A
The selling force decreases, and the downtrend starts to slow down. This phase is usually marked by an increase in trading volume . The Preliminary Support (PS) indicates that some buyers are showing up, but still not enough to stop the downward move.
The Selling Climax ( SC ) is formed by an intense selling activity as investors capitulate. This is often a point of high volatility , where panic selling creates big candlesticks and wicks. The strong drop quickly reverts into a bounce or Automatic Rally (AR), as the excess supply is absorbed by the buyers. In general, the trading range ( TR ) of an Accumulation Schematic is defined by the space between the SC low and the AR high.
As the name suggests, the Secondary Test (ST) happens when the market drops near the SC region, testing whether the downtrend is really over or not. At this point, the trading volume and market volatility tend to be lower. While the ST often forms a higher low in relation to the SC , that may not always be the case.
Phase B
Based on Wyckoff’s Law of Cause and Effect, Phase B may be seen as the Cause that leads to an Effect.
Essentially, Phase B is the consolidation stage, in which the Composite Man accumulates the highest number of assets. During this stage, the market tends to test both resistance and support levels of the trading range.
There may be numerous Secondary Tests (ST) during Phase B. In some cases, they may produce higher highs (bull traps) and lower lows (bear traps) in relation to the SC and AR of Phase A.
Phase C
A typical Accumulation Phase C contains what is called a Spring . It often acts as the last bear trap before the market starts making higher lows. During Phase C, the Composite Man ensures that there is little supply left in the market, i.e., the ones that were to sell already did.
The Spring often breaks the support levels to stop out traders and mislead investors. We may describe it as a final attempt to buy shares at a lower price before the uptrend starts. The bear trap induces retail investors to give up their holdings.
In some cases, however, the support levels manage to hold, and the Spring simply does not occur. In other words, there may be Accumulation Schematics that present all other elements but not the Spring . Still, the overall scheme continues to be valid.
Phase D
Phase D represents the transition between Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E).
Typically, Phase D shows a significant increase in trading volume and volatility . It usually has a Last Point Support ( LPS ), making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS), as previous resistances become brand new supports.
Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E.
Phase E
Phase E is the last stage of an Accumulation Schematic. It 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.
Another Wyckoff Accumulation forming + Bullish Gartley.Looks like another Wyckoff Accumulation pattern is forming inside of a Wyckoff accumulation. Yesterdays crash to 31500 was the spring of the pattern which also was a completion of a bullish gartley. We are currently in Phase C of the Wyckoff accumulation pattern on this smaller accumulation. Remember, the Wyckoff accumulation pattern is a manipulation of the lows which is clearly visible on the chart. There are also bullish divergences on the RSI and the MACD! Really good entry for a long position after the test of the spring. Targets to look out for would be the 41-42k area. Don't forget to follow for more trade setups. Good Luck traders!
XRPUSD - Clear Wyckoff Accumulation PatternXRPUSD is in a clear Wyckoff Accumulation in my opinion. I believe we will trade sideways for a long time, at least I hope so, my past experiences have always taught me that longer accumulation periods result in higher capitulations/blast-offs. I am bullish on XRP and crypto overall.
I am certain that we are not in a bear market.
How long may this accumulation period last? No one knows, time is impossible to predict. Time in the market always beats timing the market. We will be going up, the question is not if but when. Price action is boring now, just sit back, relax and be patient.
Not Financial Advice.
XAU USD Order flow is BULLISHHey Guys, Gold is done with a very long term accumulation as we have finally broken structure upward, and on this current pull back we see once again we have accumulated by manipulating lows and breaking minor structure upward, that means pull back is done, expect up moves from here on. My zone of interest is the daily candle that took the final lows before the minor break of structure. Keep in mind this is a zone of interest and not an entry price, as price plays into the zone i want to see the lower timeframes accumulating as well, then when the lower timeframes are in line with the higher timeframes (when lower time frame orderflow is also bullish) then we enter for longs and take it to the moon.
YouTubers Need You to FreakoutI'm not saying one way over the other which way BTC will break, but what has become incredibly annoying are all of the Crypto influencers out there stoking your fear or euphoria about which way this thing goes in the short term. So, here's my short take on all of that noise:
Bitcoin is in a Descending Wedge....
It has been since the beginning of this manipulated Accumulation phase...
Influencers can play whatever ominous intro music they like, draw whatever triangle, rectangle, flag, line, happy or sad face on a chart they want to get your likes and your return visit. Through all of that garbage, BTC remains STILL in a Descending Wedge.
So let's all take a chill pill, lower the blood pressure, be vigilant, and play the move when the move happens - whatever the move is, just be ready.
Wyckoff Accumulation PatternHi everyone,
We are in Phase C of the Wyckoff Accumulation Pattern, and are witnessing buyers finally stepping in and accumulating Nano as close as they can to the support created by the shakeout at the start of Phase C at $4.24.
Buyers are greedy so I suspect they will keep us in this range for as long as they can, so they can accumulate as much Nano as possible before the next run up.
Best buy price is $4.24-$4.5. I would not buy above $4.5 until we know for sure it's going above $5 and staying there; or else buyers will just let it fall to $4.24 once it reaches $5 again
Disclaimer: Not financial advice; just opinion. I own positions in Nano
BTC - Wyckoff AccumulationAccumulation Schematic
Phase A
The selling force decreases, and the downtrend starts to slow down. This phase is usually marked by an increase in trading volume. The Preliminary Support (PS) indicates that some buyers are showing up, but still not enough to stop the downward move.
The Selling Climax (SC) is formed by an intense selling activity as investors capitulate. This is often a point of high volatility, where panic selling creates big candlesticks and wicks. The strong drop quickly reverts into a bounce or Automatic Rally (AR), as the excessive supply is absorbed by the buyers. In general, the trading range (TR) of an Accumulation Schematic is defined by the space between the SC low and the AR high.
As the name suggests, the Secondary Test (ST) happens when the market drops near the SC region, testing whether the downtrend is really over or not. At this point, the trading volume and market volatility tend to be lower. While the ST often forms a higher low in relation to the SC, that may not always be the case.
Phase B
Based on Wyckoff’s Law of Cause and Effect, Phase B may be seen as the Cause that leads to an Effect.
Essentially, Phase B is the consolidation stage, in which the Composite Man accumulates the highest number of assets. During this stage, the market tends to test both resistance and support levels of the trading range.
There may be numerous Secondary Tests (ST) during Phase B. In some cases, they may produce higher highs (bull traps) and lower lows (bear traps) in relation to the SC and AR of the Phase A.
Phase C
A typical Accumulation Phase C contains what is called a Spring. It often acts as the last bear trap before the market starts making higher lows. During Phase C, the Composite Man ensures that there is little supply left in the market, i.e., the ones that were to sell already did.
The Spring often breaks the support levels to stop out traders and mislead investors. We may describe it as a final attempt to buy shares at a lower price before the uptrend starts. The bear trap induces retail investors to give up their holdings.
In some cases, however, the support levels manage to hold, and the Spring simply does not occur. In other words, there may be Accumulation Schematics that present all other elements but not the Spring. Still, the overall scheme continues to be valid.
Phase D
The Phase D represents the transition between the Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E).
Typically, the Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS), making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS), as previous resistances become brand new supports.
Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E.
Phase E
The Phase E is the last stage of an Accumulation Schematic. It 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.
Wyckoff Accumulation, Last chance to get in before the big move!So I know many people are saying that this Wyckoff accumulation pattern has been invalidated due to the lower highs and lows we have been getting but I still believe this is part of the wyckoff accumulation and we are really close to the markup stage. Here is my argument to why its still valid. So first off wyckoff patterns are never 100% accurate and we can prove that by looking at previous charts and history. They all play out the same way in the end but the process might vary from chart to chart and coin to coin. These past lower lows we have been getting look really familiar with the distribution phase we had when BTC reached 65k. So I went back and looked at the distribution phase of BTC and inverted the scale so that it looked like a wyckoff accumulation instead of a distribution. As you can see: BTC did the same exact thing it is doing right now by forming lower highs and lower lows trying to shake the last retail investors before finally rallying up to 40k. In the image I posted BTC went for about 25 days from the (spring) stage to the launch up (inverted ofcourse). On this chart right now Its only been 20 days from the spring to where we are right now. If we add 5 more days that would put us at the 17th of July which is where Im personally expecting this big move to happen. Now if BTC breaks out of the falling wedge and retests that resistance as support that's a strong sign of bullish momentum. Also as soon as BTC breaks my green box around 36k it should according to the wyckoff accumulation pattern go straight up to 41-42k and form the pennant. Now this was quite a long post and I would really appreciate a follow or a like. If there is anything that isn't clear, feel free to ask me in the comments! As always, good luck traders!
$DTSS Wyckoff Re-accumulation after decline$DTSS Wyckoff Re-accumulation after decline, between Spport and Resistance levels
Datasea Inc., through its subsidiaries, provides smart security solutions in the People's Republic of China. It develops big data security and smart 3D security platforms, safe campus security systems, scenic area security systems, and public community security systems, as well as epidemic system. The company offers its smart security solutions primarily to schools, tourist or scenic attractions, and public communities through its own sales teams, partner agents, and newly founded operating entities. It also develops and offers education-related technologies to build campus networks, education management systems, education cloud platforms, science education platforms, and other education systems used in schools. The company was formerly known as Rose Rock, Inc. and changed its name to Datasea Inc. in October 2015. Datasea Inc. was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
Still waiting for a drop? Will we get one? Just an updated view of our sideways action. Looks like I will need to redraw the accumulation phase as we are stuck between 32k - 36k. I still expect a dip soon which will start our rebound possibly. This chart will not change as I am curious to see how this plays out compared to the accumulation model.
