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Wyckoffdistribution

Bitcoin in a Phase C or Phase D Wyckoff Distribution channelThanks for taking the time to read my analysis. Today we are studying the 1H time frame for the BTC chart. I drew a parallel channel where price seems to come up wick the 71,200-71,600 levels then go back down. More likely a quick little short squeeze to wash out the levered shorts before making the next leg down. BTC loves doing this as it is a highly leveraged market. Now approaching the halving, I am sure you have seen all the charts about how BTC historically corrects right before the halving. However, history here in my opinion is pointless. Previous charts are invalidated and pointless so all we can go off is the time frames we have now and are witnessing. I drew out a fib retracement to where I believe we are likely to correct to. Usually during a distribution phase on Wyckoff there is a upthrust/spring which happens post breakout. We seem to be doing that right now. This rally in my opinion seems like it is on the last leg. We could even see us break 72 and hit 74-75k which IMO is a high probability reversal zone. Of course anything is possible. I have shorts already placed at the 71K level and 70,600 levels. I am prepared to add more if we get to 72K. But good ol wyckoff schematics never really seem to let me down for the most part. Excited to see how this plays out Thanks again for taking the time to read this. If you found it helpful, engage with the post it will help out the account big time. Oh and happy easter :)
Short
by kiashedgefund
Wyckoff Higher Timeframe Distribution Schematic 12M/6M timeframe is a possible distribution Schematic that I think is currently in phase B. Phase C,D and E are yet to form. We shouldn't trade a distribution schematic till phase E but if a distribution Schematic 1 forms then we can trade phase C once a UTAD has been created(still risky and should wait for phase E as this is a more conservative approach). If no UTAD then wait for phase E as you would have had more confirmation and without this you would be guessing the top.
Short
by DTalcob
USD CAD -SELL trade Activated March 6 2024Good day guys! another great trade ( pending sell limit activated last Wednesday) march 6 I started checking this pair because of USD CAD daily TF It is in area of distribution ( supply) ---> I manage to go down from 4H to 1H so I can see fluctuations and introducing new areas of supply in smaller timeframe. It took me 3 hrs to wait for proof and validity 1.35465 move lower (can be seen in 1H -15min TF) after this I set pending sell limit in my mt4. Aiming for 1:7 RR :) This was a perfect example of powerful supply (check daily to 4H TF) #wyckoffdistribution
Short
by glyrad
2
BITCOIN Bearish Wyckoff Distribution 🚨 Supply in ControlWhales have been manipulating Bitcoin in a Wyckoff Distribution schematic since 12/5/23 (before the GBTC and FTX sell off.) Currently: 🚨 Bitcoin dropped below bottom of Trading Range to create a Sign of Weakness in Phase D. 🚨 Bitcoin flipped the bottom of the Trading Range at $40,150 to resistance and created its final Last Point of Supply for shorts to enter. 🚨 With the CME Gap Fill, GBTC and FTX sell offs, Bitcoin is soon entering Phase E: Supply in Control where everyone realizes there is little chance of a bounce and everyone panic sells.
COINBASE:BTCUSDShort
by ChartCinema
Wyckoff Schematic #1: Distribution for #BTC USDBlackRock is making a big move into Bitcoin with an ETF aimed at wealthy baby boomers. They are a huge financial company with $9 trillion in assets under management. BlackRock bought 11,500 Bitcoins, diving into the market, expecting a big comeback. Despite the leviathan's moves, market's reaction to ETF approvals is erratic. The market is reacting to rumors with schizophrenia. Bitcoin's price drops below $43,000, and traders don't seem to be reacting much to the ETF rumors. This "sell-the-news" effect is not a sign of a positive This isn't a sign of a strong trend. It's the sound of uncertainty. It's like the crowd leaving the theater before the play is over. And there's more. The delay in the Ethereum ETF by American bank TD Cowen disrupts market optimism. It shows that not everything is good in the rules, and not every opportunity in crypto will be accepted. This news alone could start a bearish turn. It may lead to $40K support being seen as a trapdoor to lower lows. The market sentiment has become neutral after ETF, and it's like the calm before a storm. The dip under $42,000 is not a discount—it's a warning shot. Traders eyeing support at $40K might find themselves not at the bottom. It's a precipice with a market ready to capitulate. Now, let's turn our gaze to the two scenarios laid out before us in the tale of two charts. If we keep going down, the Wyckoff Method shows that we're in for a big surprise. This isn't a methodical distribution. It's a tactical retreat by smart money. Retail holders are left to play a game of musical chairs. The music has stopped and there are no chairs left. If we surge up, breaking resistance, the recent top at $49,000 might be just a pitstop. It could be an 'Upthrust' (UT), followed by 'Upthrust After Distribution' (UTAD). This wouldn't show a market going back, but a market getting ready to jump past $50,000 like it's easy. The market is at a turning point. Big forces are pulling in different directions. BlackRock getting into Bitcoin could have a big impact, either positive or negative. It's like a potential leader who might guide people in the wrong direction. The charts show caution. The news indicates change. The best strategy prepares for volatility with strong logic and risk control. Prepare for the worst, hope . To make the most out of it, just remember that the world of cryptocurrency is always changing. So, stay grounded and embrace the fact that change is the only constant. In the world of cryptocurrency, things always change. There's a chance of a big crash or a huge rally, and the risks are very high. The aggressive play here involves more than just looking at charts and news. It's also about understanding the situation. The smart money, the institutions—they're making their moves in broad daylight. If the market goes up again, BlackRock's buying of a lot of Bitcoin when the price was low could be a great move. It shows that the current prices might just be a phase before a big increase. This isn't just how the market works. It's like a very risky game of chess, but with digital money. If the market turns bearish, the Wyckoff structure may lead to a landslide. This would serve as a stark reminder of the law of action and reaction. The crash, if it comes, will not be gentle. When the market turns and support levels weaken, it will show how harsh markets can be. In this volatile mix, the news of ETF approvals and delays is like throwing gasoline on the fire. It's the kind of fuel that could either ignite the market to new heights or burn the hopes of many to ashes. After ETF approvals and delays, market sentiment is uncertain. It can either lead to a big change or signal a surprising move. This is not a market for the indecisive. This market is for people who are brave enough to handle a big drop or are sure enough to go along with a big increase. As news comes out, the story changes, and this makes the future of Bitcoin more mysterious. In such times, be aggressive. Don't just watch, be actively prepared for contingencies. Keep your eyes wide open, your decisions data-driven, and your investments diversified. The big crash, if it's on the horizon, will be ruthless. The big rally, if it's in the cards, will be exuberant. The winner pivots with precision. They are backed by insight and unshaken by crypto currents. Proceed with caution, but proceed nonetheless. This is the world of crypto. Here, the courageous succeed and the cautious endure. Choose your path wisely. school.stockcharts.com
Long
by osodatsismoso
1
GBPUSD December 8 2023 Sell TradeAs you can see GBP USD is in a bullish momentum, but i see a clear manipulation of highs from 4h going to 15min TF each. So i decided to take sell trade in one of the POI (point of interest) i am seeing in the charts, of course based on proof not on speculation. After seeing validity on 1H TF , I checked again the 15minutes TF (my favorite TF for pending order to maximize risk to reward ratio) only to find out that it gives me a reason to sell and aim for that level ( check the charts for details.) . Another key factor here is always checked the market structure starting from daily-4h-3h-2h-1h-30min-15min for confluences. RR: 1:6 (simple trade) wyckoff schematics trade. work smart :)
by glyrad
15
🔄 BCH: Fractals of Accumulation, Manipulation and DistributionIn the intricate dance of market dynamics, Bitcoin Cash (BCH) appears to be orchestrating a familiar tune, following the classic pattern of accumulation, manipulation, and distribution. Understanding this cyclical behavior may provide valuable insights for traders navigating the BCH landscape. Chart Analysis: Unraveling the Pattern Accumulation Phase: BCH has entered a phase of accumulation, characterized by sideways movement and the formation of a trading range between $177 and $270. Accumulation suggests the gathering of positions by savvy investors, preparing for a potential upward move. Manipulation Dynamics: Historical patterns indicate that BCH often experiences manipulation after accumulating within a range. Traders should be alert to sudden and unexpected price swings as manipulation unfolds. Distribution Anticipation: Following the manipulation phase, BCH typically enters a distribution phase, where accumulated positions are released. This distribution could lead to a swift decline, potentially revisiting lower support levels. Projected Scenario: A Cautious Path Forward Range Trading: $177 to $270: Traders may anticipate range-bound movements within the $177 to $270 zone as accumulation continues. Establishing strategic positions within this range might be a prudent approach. Manipulation Swings: Be prepared for sudden and sharp price swings, indicating manipulation in progress. Active risk management is crucial during these volatile periods. Downside Potential: $160 Target: In the event of manipulation leading to distribution, a potential downside target is around $160. This level represents a historical support zone that could attract buying interest. Upside Momentum: $370 Objective: Upon completion of the distribution phase, a swift reversal and surge towards $370 may unfold. This upward momentum could signal the start of a new bullish cycle. Strategic Approach: Navigating the BCH Landscape Range Trading Tactics: Traders can capitalize on the range-bound nature of BCH by strategically entering and exiting positions within the $177 to $270 range. Risk Mitigation During Manipulation: In anticipation of manipulation, active risk management, including the use of stop-loss orders, is crucial to safeguarding capital. Long-Term Perspective: Long-term investors may view the accumulation phase as an opportunity to accumulate BCH at favorable prices, anticipating the potential for a significant upward move. Conclusion: BCH's Symphonic Movement As Bitcoin Cash (BCH) dances through its accumulation, manipulation, and distribution phases, traders and investors alike have the opportunity to decipher the symphony of market dynamics. By understanding and strategically responding to these phases, participants can navigate the BCH landscape with greater confidence. 🔄 Accumulation in Progress | 📉 Anticipating Manipulation | 🔄 Distribution Patterns ❗See related ideas below❗ Share your perspectives on Bitcoin Cash's market movements, contributing to a collaborative analysis that enhances the collective understanding of this digital asset. 💚🚀💚
Long
by Yaroslav_Krasko
🔥 Bitcoin In Wyckoff Distribution: Top Is In?Over the last couple of week's I've been very bullish on the market. My 40.000 thesis for this year is still my personal most likely scenario, but that doesn't mean that we can't look at the market from a more bearish perspective. So, in this analysis I want to take a look at a bearish Bitcoin scenario that might be playing out at the moment. Bitcoin might be trading in a Wyckoff distribution pattern. As seen on the chart, the BC/UT/UTAD are nearly identical as on the schematic. Three higher-highs, of which the first two are sold off quickly, and the last (UTAD) took a while before it turned bearish. AR and SOW are also fairly identical to the schematic. Difference is that we had two retests of the AR-low between UT and UTAD. In the end, the schematic is just a schematic and the market will rarely follow it exactly. I'm interpreting it more as a guideline instead of an exact science. Were this pattern to play out, Bitcoin will likely retest the SOW area in the near future, and likely fall through the SOW support. This would also mean that 38.4k is the 2023 top, with a move towards 30.000$ being fairly likely. Like mentioned before, I'm still bullish on the market. However, it's important to spot bearish signs when they are there. The fact that we had three higher-highs which were all sold off is alarming at the very least. Time will tell if this pattern will play out. For now, keep your eyes open and be watchful. Share your thoughts in the comments, interested to see what the community thinks of this pattern.🙏
Short
by FieryTrading
30
November 24, 2023- USDCAD SELL TradeRR: 1:6.6 Daily Structure is Bearish because of the 1D( supply zone 1.38880) , upon checking lower timeframe i saw a clear manipulation of highs and BOS to the downside starting from London to N.Y session last nov 23, so i set a pending order in my mt5 to anticipate the sell trade. After waiting for several hours, the trade was confirmed because of validity (check charts for full detail and clear annotation). from Daily---> down to 4H----> to 1H structure then set pending order using POI of 15 min TF. A clear wyckoff distribution takes place here. another great week :)
Short
by glyrad
4
Wyckoff DistributionMy assessment of the current consolidation pattern for the S&P 500. 15 minute chart so just under the limit for publication so this will pan out fast. Buying climax occurring on higher volume and subsequent rallies on lower volume. UTAD is testing demand and looks like there was a wide range price bar with low volume which may be signaling that demand is weakening. If price reaches lower support lines then higher probability price will continue to go down. If price breaks above resistance then likely see another peak rally. Wave count looks a little off and UTAD may just be a wave 3 peak. Will know soon though with the short time frame evaluated.
CME_MINI:ES1!
by HedgehogLanding
US30/USD Shorts from 34600.0 down towards 33800.0My bias for US30 currently is for a bit more upside in order to mitigate the 22hr supply zone or the 19hr, both are apart of a key weekly supply level. From this we will expect a sweep of the asian high as well as a consolidation before entering to show that price is slowing down and buys have now become exhausted. We will then wait for a wyckoff distribution and a CHOCH on the lower time frame before we execute our sell positions. As price has been very impulsively bullish I am expecting a retracement for sure hence my bias. My confluences for US30 shorts are as follows: - Price approaching key weekly supply level that caused a CHOCH to the downside. - There's magnets below our POI that need to be taken in the form a liquidity sweep. - There a lot of imbalances below as well as deeper demand levels for price to mitigate. - Price has been moving very bullish with minimal pull backs so price needs to come down. - For price to continue in bullish trend it needs to react off a stronger level of demand. - 22hr supply has also swept liquidity, good sign that the zone will hold. P.S. I am overall bullish however, as we are approaching a key supply I can see a short term sells playing out in order to fill the imbalances below and mitigate a deeper level of demand. This makes sense because us as traders, we ideally want to buy from a discounted price. As of this week we do have CPI coming on Tuesday, I would personally wait after just to see how price reacts from this major news event then make my move. Trade safe and hope you guys have a good week ahead!
OANDA:US30USDShort
by Hassan_fx
2
GBPUSD Shorts - A grade setup blueprintThis is how I would execute my trades after I analyse on the higher time frames to give me the perfect A grade setup that I go for once price enters my POI. On Sunday I posted a GBPUSD break down of price reacting off the 6hr supply, I mentioned that sells could possibly play out on a Monday which it did, so now I'm going to show you guys how my confluences generates an edge for me to execute these trades. Firstly once price mitigates my 6hr Supply zone I would monitor price and wait for the asian high to get swept first before I validate a potential sell. Then I would wait for a clean CHOCH on the 10 or 15min to validate my UTAD (upthrust after distribution.) Once a CHOCH is formed it would typically leave a last point of supply (LPS), that will have a clean unmitigated order block that would have caused the expansion to happen. If it leaves an imbalance during this process it's usually a very good sign that price should come and retrace back to the LPS. After I have my OB marked out I would set my sell limit In which I would then wait for price to come back and tap me in. From this point I would have already have pre defined my risk, written the confluences and set a take profit target for my trade to hit (in this case we will be targeting the touch of the 4hr imbalance as that acts as a magnet for price to come towards.) In this specific scenario as you can see price didn't come back to the original 10min OB I had marked out. Price then decided to create a small BOS to the downside leaving another LPS for me to enter from which was the 6min OB. From there price came back to tap that 6min OB and literally melted towards our take profit target for a 1:15 RR with minimal drawdown. P.S. when price entered my POI I would make sure that majority of the reversal magnets are eliminated i.e. any trendline liquidity, equal highs/lows, and asian highs/lows, so that price can move swiftly in our desired direction. Hope you guys found this post insightful! as I wanted to show how I would typically execute my trading strategy using Wyckoff to catch big RR moves that enter my Higher time frame POI's.
Short
by Hassan_fx
1