Hi there this is CAPEFOX Btcusdt Long to 28200 Approximately Based On Wyckoff HOPE FOR YOUR BENEFITS;)
Recognized accumulation pattern A - decreasing volume on lows B - decreasing volume on lows The lows in pattern B did not break the lows from A. This indicates that the market is strong and well controlled by large operators. In the lows of pattern B, the last one on the lowest volume forms a very large, bullish engulfing candle. C - the largest buying wave not...
Hi Guys Hope you well, and good weekend. As I show You the chart , It maybe a Wyckoff pattern, be careful for long position ,completely against the trend of bitcoin. SecondChanceCrypto ⏰07/May/23 ⛔️(DYOR) always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this...
Looking at the BTC weekly chart it is clear that for the last year BTC has been in an accumulation zone and the recent markup in March represents a breakout to the upside of this channel/zone. November's markdown, mostly fueled by negative crypto news in the wake of FTX's collapse, resulted in a failed breakout to the downside. Note the bar range differences in...
Another Clear Wyckoff Schematics (SEEN ON 4h TF ----> Confirmation on lower timeframe 1h order flow down to 5min tf. After proof of validity, entry at next mitigation of institutional candle. (CHECK CHARTS FOR LABEL. RR: 1:17
With the closure of the current sideways BU/LPS move to the upside, it would initiate the phase E of the accumulation with a break and mark up towards an ATH. From that point on we would see how price maintains itself above the 3 year resistances and if in turn, rejection is too strong and we enter a long term distribution scenario. I believe it to be highly...
Prices go oversold on Wednesday and overbought on Thursday. Welcome to the new normal. Good luck with it! Looks like we may be entering Wyckoff accumulation phase. Price has been rangebound this year. Notice that we are at same price as May 23 2022. Near the end of a bear market, prices will usually suffer a final capitulation. This might not occur for weeks or...
I have been tracking this chart for a while and have posted it a couple of times in the past (Links below this post) . In the last update we saw a rejection from the 3D breakout line and BTC.D was testing the Buildup support, which was held and resulted in a move to the upside. Right now, BTC.D is again testing the 3D breakout level and following are the...
Accumulation schematics as seen on 5min and 15 min TF. entry after BOS at 1h TF, wait for mitigation of institutional candle RR: 1:15 aiming for distribution schematics. validity: liquidity grab higher and lower timeframe stories. :)
5min entry Institutional candle (accumulation schematics ) with validity and BOS going to the upside aiming for distribution. confluence on 5min-15min-1h market structure
Just a quick thought - the main difference here b/w a typical Wycoff accumulation schematic is that the chart above didn't have a selling climax first prior to its automatic rally. However, since then it has behaved as-if it is in Phase B. I have a much simpler idea for SPX / SP500 that is linked in the related ideas below.
Here my outlook for FOREXCOM:GBPUSD next week, let's see what will happen.
Imagine the smell... ETH seems to follow Wyckoff Accumulation Model all too close so far. Nobody knows what will happen, but seems like a good idea to keep this in mind Selling Climax (SC) was reached in June 2022, quick Automatic Rally (AR) peaked mid-August 2022, Secondary Test (ST) at the end of November 2022. ETH just took out the AR high and seems to print...
The XAU/USD pair is consolidating near 2040.00, being under pressure from technical factors and waiting for the publication of US macroeconomic data. The day before, gold has shown a steady growth, reacting to the latest evidence of a decrease in inflationary pressures in the US. In March, the Producer Price Index decreased by 0.5% in monthly terms and slowed down...
elliott wave analysis of bitcoin on daily timeframe the latest move/wave does not look like an impulsive move but rather a corrective move as a result, the idea of bear continuation and new bottom occurrence probability shall not be ignored. If it is the case, then we may assume that the market might be in a accumulation phase for extended period of time (as...
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Tsla has been consolidating and broke-out of a bullish bullish flag today with weak conviction ... Bulls need to see a big volume break-out tomorrow and regain $200 as support. *Call Wall Options may have prevented Tsla from advancing with a strong break-out $197 is strong resistance + weekly resistance line just above @ $198 $198.84 If Tsla does not open...
Bitcoin has been trading sideways for the better part of two weeks now. Yesterday, there was a short-lived break out through the FOMC resistance, which got sadly sold off quickly. Since the break out was only minor & short-lived, there's a probability that we're currently trading in a Wyckoff distribution pattern, which could signal that this is area is the...