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Wyckoffaccumulation

Is BNB going to surprise us all next? Welcome back, traders! In this article, I've created a Wyckoffian Supply and Demand chart for you starting from the COVID-19 crash on BNB The chart is self-explanatory. Just follow the annotations starting with #1 The exchanges have had some very constructive reactions in this last sell-off which prompted me to look into BNB. I created a video looking at the character of this last move down in the Crpyto market, and exchanges showed lots of interest coming in! I'll like the post here , you can check it out to learn more! In addition, BNB is an infrastructure of the Thorchain system which is growing exponentially these days and their imminent Chaosnet launch could fuel a new wave of demand for the coin! Please like and use the comments section below to share your ideas and positions on BNB and the analysis above with the community! Your support means a lot :) Shayan
Long
by ShayanRastgou
2
EURUSD Accumulation According to Wyckoff Theory - In Phase CI've been studying Wyckoff's Smart Money Theory for a while. And after staring at the EURUSD chart it almost looks picture perfect to a Wyckoff accumulation chart. If there are any other Wyckoff students out there, please let me know what you think. I just made a play on the operator candle (The long play box is in the chart) )as this should go long right now according to his theory and just now having the second "Spring" on the chart. Would like to see if anyone else has a Wyckoff chart draw up for EURUSD? We've hit the Buyers climax, had the Automatic Reaction, the Up Thrust, two tests on the support line. Then the Up Thrust After Distribution (That's the signal that you're in phase C), then the Springs. Now we just need the jump across the creek. What does anyone else thinl? Thanks
Long
by BodiesXWix
Wyvkoff - Basic Scheme of AccumulationNearly 100 years ago, Richard D Wyckoff born in the 19th century was a famous stock trader and investor. Wyckoff developed and carved out a revolutionary and ground breaking methodology which interlinked the institutional activities and large organisations to price movement within the chart. Wyckoff’s method and edge is based on logical reading of price action and volume. The Wyckoff method provides traders and investors with the tools, knowledge and ability to exploit markets movements consistently, whilst minimising risk exposure and aiding capital preservation, across multi-asset classes. The Wyckoff methodology provides the opportunity to select high probability trading opportunities with a solid reward/risk The detailed image / graphic is a typical 'basic scheme of accumulation focusing on the Phases and different key metrics / elements that make up all of the moving parts. PS = Preliminary Supply SC - Sellers Climax AR =Automatic Reaction ST = Secondary Test UA = Upthrust Action ST as SOW = Secondary Test as Sign Of Weakness / Sample of Weakness in test function SP = Spring Test = Test Spring LPS = Last point of Support BU = Back Up BUEC = Back up to the Edge of the Creek SOS = Sign of Strength Best Regards Phantom
Education
by Phantom_Trading
0x- Dex tokens go up with DeFi goldrush! Long it in the buy zone unless the breakout fails and the price falls below the invalidation lvl. 0x (ZRX) & kyber network (KNC) are two of the older DEX tokens (Decentralized exchanges) and they are both on Coinbase. Whereas, Balancer (BAL), airswap (AST) and other DEX token s are not. ZRX is still under $1 and unlike KNC which has gone up 10x already, it has "only" gone up 2x this year. Furthermore, its spot trading volume is consistently ranked among top 10 DEX (Uniswap doesn't have the native governance token) and its token, in terms of trading volume, is consistently ranked in the top 5 DEX tokens. The only thing to watch out for is its market cap... Yes, in crypto, 300 million market cap means large cap and speculators had the penchant for driving up the price of low market cap tokens between 50 to 100 million back in 2017. I expect the Defi gold rush and liquidity farming to continue carry DEX, lending and oracle tokens at least in the near future.
Long
by Libratus
1
USDCAD Wyckoff Accumulation Hello Traders! in my Previous USDCAD post i gave sell from 1.3530 and Target was 1.3230 and It Hit the exact figure of my target. This was the same strategy that i used in EURUSD and AUDUSD trades in last month which gave us huge pips with perfect entries(I have added the carts below). After hitting the target i waited for triangle pattern to trade upmove now you can see it has formed triangle pattern and now i hope it will reach the AR level perfectly. Don't forget to hit the like and Button and follow to stay connected Trade to ST in Phase B level EURUSD AUDUSD
Long
by Aadil1000x
2
Wyckoff Accumulation Event - Phase E (Textbook Trading Patters)"Phase E: In Phase E, the stock leaves the Trading Range, 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 Trading Ranges comprising both profit-taking and acquisition of additional shares (“re-accumulation”) by large operators can occur at any point in Phase E. These Trading Ranges are sometimes called “stepping stones” on the way to even higher price targets." Feedback below is welcome. Lets have a chat.
Long
by wesmantx05
1