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Wyckoffmethod

Wyckoff Price Cycle ExplainedAccording to Wyckoff, the market can be understood and anticipated through detailed analysis of supply and demand, which can be ascertained from studying price action, volume and time. As a broker, he was in a position to observe the activities of highly successful individuals and groups who dominated specific issues; consequently, he was able to decipher, via the use of what he called vertical (bar) and figure (Point and Figure) charts, the future intentions of those large interests. An idealized schematic of how he conceptualized the large interests' preparation for and execution of bull and bear markets is depicted in the figure above. The time to enter long orders is towards the end of the preparation for a price markup or bull market (accumulation of large lines of stock), while the time to initiate short positions is at the end of the preparation for price markdown.
BITSTAMP:BTCUSDEducation
by Lzr_Fx
SPCE Virgin Galactic Broken down 7 different ways no indicators You don't need fancy indicators, algos, AI, Bobs approval from down the street, or even that one kid who made 100k and lost it all on WKHS meme stocks, (because he doesn't know how to trade) to tell you what's going on. You don't need news or to find a lucky penny, you can even let the rabbits keep their feet. I broke this down into 7 different ways you can look at this chart. I am not even using the indicatiors I have on there. 1-3 is a break down of trend lines and how price follows breaks and comes back to an area to give you Three ways you can find a way into this stock. (3. being the safest place to enter any trade) 4. Is using an old trend line and identifying exactly where we are today on that trend and what was the result. Does it respect the Trendline? Does it ignore it? 5. Is taking price actions new angle being formed after it has come back down to its old trendline. Drawing a upward trendline to predict the high on any given day and what to anticipate from it moving forward. 6-7. is a break down of Wyckoff methodology accompanied with the Curves Stages (My own personal brain child) paired together to give a reference as to where Institutional buying is present. Also take note that this is done a Daily Chart which will result in better movements into the directions you are wanting to follow this into. You can do this on a 15 min chart but it will result in smaller moves.
NYSE:SPCELong
by iCantw84it
BTC Possible Entry to Wyckoff Accumulation PatternAfter seeing some content describing the correlation between BTC's recent price activity and the Wyckoff Distribution pattern (many thanks to YouTuber "Uncomplicated"!) and seeing how perfectly they matched, I took the next logical step to project what it might look like if we transitioned directly into a Wyckoff Accumulation pattern. This Idea presents one possibility of what that might look like. I have drawn this Idea to be intentionally pessimistic, as I am "planning for the worst & hoping for the best". Based on this work, I am preparing for the possibility that I may need to HODL my BTC down to a price point of approximately $15k ... something I would have thought impossible a few months ago, but it doesn't seem so impossible anymore. The upside of that, obviously, would be to accumulate additional crypto during this cycle. NOTE: All price levels & timespans are guesstimated for projection purposes; if we actually do enter such a phase, it could be shallower & faster, or deeper & slower, depending on more variables than anyone can be aware of. ALSO NOTE: I HOPE I'M WRONG ON THIS! I am long-term bullish on crypto projects in general & BTC in specific. As a career technologist, I believe deeply in the purpose & mission of crypto assets, and what they can provide in our world. I am hoping for a best case scenario where the recent plunge to $29k is the absolute lowest bottom we ever see again for BTC ... but I wouldn't bet my life on it. For a description of Wyckoff theory, check out: school.stockcharts.com #NotFinacialAdvice
BYBIT:BTCUSD.P
by LASultan
2
Analysis of March 2020 Shakeout - Signs of BullishnessHey Team, Don't understand why the world gets surprised when something goes down and neither should you; as a trader it does not matter whether the market rallies or falls, trade accordingly. I love all these gurus coming out saying "I told you should not have got in BTC or crypto". They miss the point and the gains that were made on the way up. These gurus say - "look BTC fell 40% in a day, you are so stupid for getting in", yet the methods they teach would have tight stop losses that would have got them out with a small loss missing the larger correction and locking in gains. BE CAREFUL WHO YOU LISTEN TO AND TRADE YOUR OWN STYLE AND PLAN. So this chart I have laid out is the March 2020 low and what I see as a path to higher prices if we are to rally from the current area BTC is. I'll keep it short and sweet with most of the main points on the chart * Multiple test with weak supply bars followed by strong high volume green bars. Each bar engulfs the supply bar * 2 significant strength bars pushing through resistance with high volume and no retrace in price on following bars. * Decreasing volume yet solid rally back into the TR showing Ease of Movement - no significant supply * KEY POINT - we hold the lower support of the TR after multiple test and show strength Keep in mind I am actually bearish at the moment and see a test back to around $30,000 or even lower but it gives you some signs to look for to validate a bullish scenario. Good luck
by DecpBTC