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Wyckoffaccumulation

LRCUSDT - Ready for ALT SEASON ? 🚀Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 I've been making updates on altcoins that have massive upside potential and good risk to reward rations. These ideas are all spot focused accumulation phase positions, by using the dollar cost average method. LRCUSDT / Loopring is another altcoin that previously went up 2000% the last time we reached this level ! We're still due for the final bottom, but the time to accumulate is NOW. The idea above is for medium term to longer term. This is my take for the NEAR term: Interested in XRPUSDT ? Take a look at this setup 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
30
BTC: ~ $ SYSTEMCTL START DEPLOY.CAPITALBTC: ~ $ /PRICE/BOTTOM/STRATEGY.PH Script started on SATURDAY 18 JUN 2022 08:13:33 PM UTC DCA="Weekly" DURATION="Price is sideways" EXCEPTION="BTFD!" $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$$$$$$$$$$$ BTC: ~ $ ^C BTC: ~ $ BTC: ~ $ BTC: ~ $ /ETC/INIT.D/WYCKOFF_ACCUMULATIOND STOP Continue? (y): Y DXY.TOP....................................................................................................... BOLlINGER_BAND.SHRINK.................................................................................. BTC: ~ $ BTC: ~ $ SYSTEMCTL START BTC.PAMP -T 30K+ | ECHO "YELLOW_PATTERN" ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ #PS: Do you recognize that YELLOW PATTERN? It is copy of the price action from May-August 2021! # I have put it there in June when I felt THE BOTTOM MIGHT BE IN = still nearly mimics it so far =) # Was expecting to see a Lower Low fakeout for the so called "SPRING" to trigger the pump but.... # PURPLE LINE = ATOM -> it has been outperforming BTC and everything last few months! ⚛️🚀
COINBASE:BTCUSDLong
by u3KbPTeH
ETH - Wyckoff Method : What's Next?Hi Traders, Investors and Speculators Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 In today's analysis, I'll be giving out LOADS of free information🎁. We'll study the ETHUSDT chart by using the Wyckoff Method. Trying to understand the market and it's movements may seem futile, however Richard Wyckoff identified a pattern that could easily be translated as bullish cycles, bearish cycles, and the two brief phases that happens before each. Just before a bull cycle (markup), we have accumulation . Now this may take months or even years. Then, just before the bear cycle (markdown), we see distribution phase. This is very evident across all markets - the price cannot simply go up / go down forever! So what can we do with this information? Have the courage to follow the market cycle. To make the cycles a little more clear, here it is on a macro perspective on Bitcoin: The accumulation phase makes for THE BEST place to have scattered buying orders, in other words follow the dollar cost average method. Not familiar with this method? Check out this detailed educational masterclass: With this chart, I propose my idea of a potential Ethereum ETH bottom by using the Wyckoff Method .The Wyckoff Method can be extremely technical and complicated, with many phases, sub-phases, sub sub phases etc. The four main phases of the market cycle are accumulation, markup, distribution, and markdown . From the BTC chart I posted above, we can clearly see that we have been trading in the accumulation cycle for a while now. However, we have NOT YET BOTOMMED. Here are some terms and definitions you may find helpful: SC—selling climax - the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC , reflecting the buying by these large interests. AR—automatic rally - which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR. ST—secondary test - in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC . It is common to have multiple STs after a SC . What I'd be looking out for at this point, is a potential macro W-Bottom pattern to confirm the low volume selloff phase : Consider this quote : "Successful tape reading is a study of force, it requires ability to judge which side has the greatest pulling power and one must have the courage to go with that side." Richard Wyckoff understood that speculating markets is more than just analysis - you also need the courage to follow through on your analysis. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
33
Wyckoff accumulation 2070 Daily ChannelThis my main long term perspective on gold's loooong descending channel since 2070. In my view, this is just an over-extended bearsqueeze due to the strengthening Dollar Index which would ultimately reach 120 soon, and ultimately peak. Market Makers are bullish overall and choosing to extend price action for as long as it needs to, and exhausting off as many sellers from the market as possible in the process to secure a decisive break out to the upside.
OANDA:XAUUSDLong
by Vysera
4