Not much data to rely on, but Wyckoff still has it purpose. here is the weekly analysis. nice Cup and handle perhaps..
In December, we saw a big selloff and High Volume in NEO. With almost half the volume, they pushed the Prices up, and a trading range was established. Since then the market has been tested twice (ST) with very low Vol. and then we saw a spring. According to Wyckoff, this is the time to get in the market. The trading range should test the top again- perhaps this...
I have tried to identify Wyckoff's accumulations phases and a reversal is near. Please bear in mind that this is my first attempt to identify Wyckoff's phases, comments are welcome. The high volume supports the selling climax SC in phase A, where all the supply gets absorbed. SC is also supported by an Elliot wave 3(extended). The AR automatic reversal-, which...
Right on the spot- look how beautiful the completion of the D-leg took place.
This is how is gonna play out- many thinks that the bottom has been found at 7000, but they don't realize that they have been played by whales and a small dead cat is gonna bounce- it's gonna hit the bottom at 6850-ish- before it either go up or break down. if it finally breaks out upward I have a target at 10k, break down- God save crypto, and the institutional...
A possible Long position for XBTEUR is forming. It really pays out to be patience for the completion of the BAT D leg at 0.886 retracement level. We just saw a dead cat bounce and I believe that we will hit the 0.886 retracement level soon. But be aware for the Deathcross- it might drive it further down Please make your own analysis, you are solo responsible for...
A possible Long position for XBTUSD is forming. It really pays out to be patience for the completion of the BAT D leg at 0.886 retracement level. We just saw a dead cat bounce and I believe that we will hit the 0.886 retracement level soon. But be aware for the Deathcross- it might drive it further down Please make your own analysis, you are solo responsible for...
Disclaimer- This is how I see the market and how I trade. I do not give out any trading advice. You are the only responsible person for your trading. After a false breakout of a SHS pattern the Triangle breakout came true (SHS not drawn). We also have a completed bullish Bat pattern, and are now at a support structure. Another Bearish Bat pattern in the making....
I have seen this from early January , so this is just a wrap up. the 4th AB=CD is forming with a target of 0,39. this area also forms a structure for support and resistance. A gartley is still in play, with a SL at 1.618 fib extension. I think that if these areas in not going to play well with a good solid volume, there is no much future in crypto (and ofcause...
A close above 37 would suggest a strong buy. we also have a potential D-leg completion that supports that the SHS-pattern bullish move. However we were just rejected by the SHS-patterns neckline and there is not a lot of resistance toward 30. I will be looking for support confirmation @30 for a buy
I see a Cypher that confirms the down trend, and we might hit 85, which seems to be supported by the trend channel. But in the meantime there is a struggle right now, a Crab pattern suggest that we shoot for 100 before going down. There also seems to some news that confirm this TA.
While we are waiting for the big bearish move, some small opportunities are submerging. D-leg Is retested.
Short possibility, re tested again
Tp 1 - 3 pips, reached, so the trade is practically over- so this is just to show how accurate and powerful these pattern are. I'm starting to learn.
Pandora Stock