It's been amazing to watch the Wyckoff and Elliott moves play out over the last couple of weeks. First Wyckoff call around the 18th of March for distribution. so it's great to see the Genesis wave becoming professionalized. This move has been text book. But the question seems to be "what next?". Let me give you a little glimpse to the thoughts post the evil...
Let's leave the dust settle & assess tomorrow. One awesome day today. Calling this Wyckoff move end of March, great to see it play out as it did.
You may have seen our last couple of calls & streams. In the idea Video's we have overlaid the chart with the Wyckoff & Elliott schematics behind. We had several key reasons for why this was distribution and not accumulation. I wanted to share a little glimpse of some of the proprietary tools we have developed for both TradingView and our Discord community....
Great drop in Crypto - exactly as expected
Here's a little info on the reasons for investing and the types of people in investing crypto currently. Crypto was first introduced in the year 2009, in the wake of the global financial crisis, as a way for people to control their own money rather than the banks and the government. So, this is the first perception, humans want to feel in control, they desire...
Spent a bit of time during the drop, playing on the charts. Nothing new to see, as expected, as per the streams and video updates recently. The Textbook Wyckoff Schematic. Lovely little move. To our Discord Community! Thanks for all the support. Been an awesome couple of days! Disclaimer This idea does not constitute as financial advice. It is for...
Leaving the Wyckoff distribution structure. As per the previous posts & streams. People where saying "guys a boomer", "FUD" and all the other good stuff. I've been Bullish since 2011 and my overall sentiment is long. But I have traded 21 years now and know a healthy sign of the Bull moves are areas to buy the dips. If you look at the logic in this post, it's...
Just wanted to share some info on the calls from last week and some updates. We are now in the zone mentioned a nice catch of a short $14,000 drop on the "Crypto Beast" Wyckoff structure has played it's hand and it was beautiful. One happy chappy! Now we are at the zone, expecting a slow move up, some addition sideways consolidation before a couple of traps...
Watching the recent BTC moves, we have overlaid both Wyckoff & Elliott to highlight the current situation. Talking our community through the process - we thought this was interesting and worth sharing here. The example using Bitcoin has been near enough textbook to here. There are several crosses of interest currently using SPX, DJI & Gold, but the Grayscale...
Very brief overview on BTC today other pairs will be covered in tomorrows Discord stream.
This weeks main event was clearly Elon's Tweet dropping the Bitcoin price! BTC Who will be the next Tesla darling? Everyone is trying to woo Elon Musk after he dropped Bitcoin? Elon Musk once again rocked the crypto world, but this time instead of shilling Doge, the Technoking of Tesla dropped a bombshell that Tesla would no longer accept Bitcoin payments for...
We have been posting more and more in our community around the logic of this move - After the Rocket call on the 18th of March, it's clear to see how respectful the price action has been. Inside a weekly (3-4) move in terms of Elliott Wave, we have seen a near-perfect example of a Wyckoff distribution play out. This was shared two weeks ago now, showing the...
After a failed stream with @Paul_Varcoe Where the tech managed to cut off, I had jumped into a new stream to give the 10mins of BTC update for today. However, as the last couple of points were done in under the 5mins requirement for the stream to be saved. That was lost as well. So here's the stream Take 3 - shortened and summarised. Have a good weekend....
I am Bullish Crypto as a whole. Have been investing and trading Bitcoin since 2011. But as a trader of 21 years, I also know for the Crypto sector to remain healthy and flourish, it needs a couple of things. Firstly a rest, it does not mean it's changed to Bearish sentiment. However, knowing that over 70% of retail lose money & it would not surprise me if that...
A very quick video, showing a Wyckoff distribution schematic (update from the last post). We have covered these in the streams with @Paul_Varcoe Another stream later on BTC at 15:30 UK time today. www.tradingview.com With Elon's tweet pushing the price of BTC down - it's now at the lower band of the Wyckoff structure (overlaid) in this post. Some more...
I have been asked recently about the BTC moves and how the "they Blew up the rocket" call back on the 18th of March fits this. It's pretty simple - Elliott wave Weekly (3) = Daily ⑤. That combined with a near perfect example of a Wyckoff Distribution schematic as per the ghost overlay. We had discussed this in our Discord last week and covered in the...
This post is a little different, I have recently gone back into Trading Education and mentoring and wanted to ask what kind of post or info would the community like? Here's a list of the recent editor picks; some educational content (each link you can click on to go through to the actual post) 1) Gann Fan Tutorial 2) Buying the Dips made simple 3) Simplified...
When doing fundamental analysis into a stock or in this case a coin – you need to appreciate, it is still a company after all. So, your fundamental analysis should include, taking a deep dive into the available information. You might want to review the project use case, the team, and the money the project has raised so far. As you can’t really do technical...