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Wyckoffaccumulation

BCH - Re-AccumulationLooking like BCH is in a re-accumulation Key factors * Decreasing Volatility and Volume * Diminishing supply volume on tests to 600 * There is a weekly long term resistance around 490 which the price is sitting beautifully on. I'll keep in short and sweet but if we can overcome the last supply bar on the 3rd of April it will signal bullish intent. My game plan * If price holds above 490 and overcomes the supply bar on 3rd April with either a strong break through resistance or no supply signatures I will open longs.
Long
by DecpBTC
1
EOS - Liking more and moreThe underperforming EOS I have had my eye on for a long time and the behaviour of the price is lining up a potential huge upside. In my opinion EOS has been in an accumulation phase since December 2018 and is on the verge of breaking out significantly with supply in strong hands. I am a student of Wyckoff methodology and I love the principle of effort and result which can be seen very nicely with the two squares I have made on the chart (red and green). Lets start with the square in red * Hits 5.50 and is overcome by supply volume * Demand is no where to be seen and price collapses very quickly * Breaks through key level of 4.80 with increased volume and spread. * A classic tee-pee formation of bearish quality By using logic alone we see supply was just to strong with very weak demand. Notice there is some demand on the way up but supply is presented to the market with the increased volume at the top resulting in a mighty fall which culminates in the March low. Now, the green square * Hits 5.50 and reacts BUT supply is absorbed. * Massive increases in Volume. Supply is present here but demand is stronger. * Demand is supporting price in a way not seen before from this price level. * Two quick price moves above 4.80 - 1st price move fell below but demand came in quickly and supply dissipated. 2nd time we have support (at the moment - need to wait and see) What I see is an accumulation in strong hands by the massive increase in effort with little to no meaningful result to the downside. When supply is fully absorbed a small volume will result in a large jump and hence I believe the potential for the coin is huge. My game plan * Find support above 4.80 in a minor re-accumulation with a continued move to 8.0 as a sign of strength. We break 8.0 level and 20.0+ is on the cards.
Long
by DecpBTC
ETHUSD & *Completed* Wyckoff AccumulationBackground: This is continuation of this post in which we explore the Alt Coin Market Cap showing signs of Wyckoffian accumulation. Please review this chart work first. Chart Analysis: It appears that ETHUSD, the 2nd largest crypto coin by market cap (behind BTCUSD), has recently completed Wyckoff Accumulation and is currently undergoing a Wyckoffian SOS or "Sign of Strength". If accurate, this would indicate that the Composite Man, the marionettist of macro markets, is leaving the accumulation phase and beginning his macro markup campaign. This is particularly exciting since the last time we saw a similar macro example was in 2015 with BTCUSD where it made a ~100X return from the accumulated lows. Something similar here would suggest ~$10,000 ETHUSD at the end of the upcoming bull run. Note: A return to the prior trade range ($270 or below) would disqualify this setup as shown. More consolidation would be needed before a macro pattern could be identified.
COINBASE:ETHUSDLong
by Crypt0Jack
Wycoff looks like its workin out.....Hey folks, it looks like a Wycoff Accumulation is working itself out on the 4h BTC/USD chart. Well see what happens over the next few weeks, but theres a solid price target near 70k for this pattern, at a bare minimum. However, once it breaks ATH, there will definitely be some retail and institutional FOMO that will lead to 100k, which will again, lead to an absolutely massive hype cycle that will take us to some unearthly price. I, for one, am excited. This is just my opinion, and Id be down for someone to critique this, but after seeing it work out, it looks accurate to me.
COINBASE:BTCUSDLong
by Eyeofthebhodler
Wycoff Accumulation 2#Phase A: Phase A marks the stopping of the prior downtrend. Up to this point, supply has been dominant. The approaching diminution of supply is evidenced in preliminary support (PS) and a selling climax (SC). These events are often very obvious on bar charts, where widening spread and heavy volume depict the transfer of huge numbers of shares from the public to large professional interests. Once these intense selling pressures have been relieved, an automatic rally (AR), consisting of both institutional demand for shares as well as short-covering, typically ensues. A successful secondary test (ST) in the area of the SC will show less selling than previously and a narrowing of spread and decreased volume, generally stopping at or above the same price level as the SC. If the ST goes lower than that of the SC, one can anticipate either new lows or prolonged consolidation. The lows of the SC and the ST and the high of the AR set the boundaries of the TR. Horizontal lines may be drawn to help focus attention on market behavior, as seen in the two Accumulation Schematics above. Sometimes the downtrend may end less dramatically, without climactic price and volume action. In general, however, it is preferable to see the PS, SC, AR and ST, as these provide not only a more distinct charting landscape but a clear indication that large operators have definitively initiated accumulation. In a re-accumulation TR (which occurs during a longer-term uptrend), the points representing PS, SC and ST are not evident in Phase A. Rather, in such cases, Phase A resembles that more typically seen in distribution (see below). Phases B-E generally have a shorter duration and smaller amplitude than, but are ultimately similar to, those in the primary accumulation base. Phase B: In Wyckoffian analysis, Phase B serves the function of “building a cause” for a new uptrend (see Wyckoff Law #2 – “Cause and Effect”). In Phase B, institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup. The process of institutional accumulation may take a long time (sometimes a year or more) and involves purchasing shares at lower prices and checking advances in price with short sales. There are usually multiple STs during Phase B, as well as upthrust-type actions at the upper end of the TR. Overall, the large interests are net buyers of shares as the TR evolves, with the goal of acquiring as much of the remaining floating supply as possible. Institutional buying and selling imparts the characteristic up-and-down price action of the trading range. Early on in Phase B, the price swings tend to be wide and accompanied by high volume. As the professionals absorb the supply, however, the volume on downswings within the TR tends to diminish. When it appears that supply is likely to have been exhausted, the stock is ready for Phase C. Phase C: It is in Phase C that the stock 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. As noted above, a spring is a price move below the support level of the TR (established in Phases A and B) that quickly reverses and moves back into the TR. It is an example of a bear trap because the drop below support appears to signal resumption of the downtrend. In reality, though, this marks the beginning of a new uptrend, trapping the late sellers (bears). In Wyckoff's method, a successful test of supply represented by a spring (or a shakeout) provides a high-probability trading opportunity. A low-volume spring (or a low-volume test of a shakeout) indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position. The appearance of a SOS shortly after a spring or shakeout validates the analysis. As noted in Accumulation Schematic #2, however, the testing of supply can occur higher up in the TR without a spring or shakeout; when this occurs, the identification of Phase C can be challenging. 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. Setbacks, such as shakeouts and more typical reactions, are usually short-lived. New, higher-level TRs comprising both profit-taking and acquisition of additional shares (“re-accumulation”) by large operators can occur at any point in Phase E. These TRs are sometimes called “stepping stones” on the way to even higher price targets. school.stockcharts.com
by ForexPharmacy
4 Malaysia Stocks To Watch During Sector Rotation Traders often have no idea what to do during market correction or sector rotation because their stocks are in a losing position. Also, they struggle to find stocks that are bucking the trend. In this video, you will find out these 4 Malaysia stocks -  MYX:CCK , MYX:DAYANG , MYX:OSK and MYX:SDS that outperform the market during the sector rotation and how to take advantage from these stocks by trading the pullback or trading the breakout.
MYX:SDSLong
by mingjong
MCD, SBUX, YUM Set to Breakout from Wyckoff AccumulationSince the sector rotation was unfolding in mid Feb 2021, restaurants and bars sector has been very resilient with a number of them outperform the indices. In this video, you will find out 3 stocks - NYSE:MCD (McDonalds Corporation), NASDAQ:SBUX (Starbucks Corp) and NYSE:YUM (YUM Brands Inc) set to breakout from the Wyckoff re-accumulation structure with these tell-tale signs. Low risk entries via pullback trading or breakout trading together with the key levels are covered in the video.
NYSE:YUMLong
by mingjong