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The S&P 500 is shaping up into a clear Wyckoff Distribution pattern. Based on price action, volume analysis, and the current market structure, a possible Upthrust After Distribution (UTAD) could be forming, setting up a classic bull trap. Let’s dive into the key phases of this distribution cycle. Wyckoff Distribution Phases with Volume Analysis: Preliminary...

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In this idea, I’m analyzing a potential reaccumulation pattern on Alphabet (GOOG) using Wyckoff phases and the behavior of vector candles and volume. Price action, vector candles and volume give us clues about market participants' behavior at each phase. Let’s break down the phases: Preliminary Support (PS) occurs after an upward incline, showing the first...

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In the 4-hour chart, I’ve labeled key Wyckoff phases that suggest NVIDIA is currently undergoing a redistribution process. They will be explained in this idea. The chart also highlights the presence of unrecovered green vector candles, which often represent market makers' or institutional shorts that they may want to recover. This analysis is not taking into...

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Tesla’s current price action looks as it is unfolding within a classic Wyckoff Redistribution pattern, indicating a potential bearish continuation. This analysis will break down the key phases and volume confirmations leading up to the Upthrust After Distribution (UTAD), which could be a critical point. Redistribution Phases: Preliminary Supply (PSY): The...

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This chart highlights a clear reaccumulation structure, following Wyckoff’s method. Here’s a breakdown of each phase, with vector candles confirming the price action. PS (Preliminary Support): Initial buying interest begins after a downtrend. Volume increases as smart money steps in to absorb supply, marking the start of reaccumulation. BCLX (Buying Climax): The...

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In this post, I'll explain why AMD looks like it is in a classic Wyckoff accumulation phase and why we might see an upside breakout, despite September being a typically bearish month. I will break down the subphases of accumulation based on the Wyckoff method and analyze how volume supports this bullish structure. To support this idea, AMD has had a recent...

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Home Depot’s current price action is unfolding within a classic Wyckoff Reaccumulation pattern, which suggests the stock is positioning for a significant bullish continuation. The chart clearly outlines key subphases, each of which plays a crucial role in confirming the reaccumulation process. Preliminary Support (PS): The reaccumulation process begins with...

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As traders navigate the ever-shifting tides of the cryptocurrency market, celestial events often play an underrated role in influencing market sentiment and price action. Two such phenomena are the 'void of course' periods of the Moon and the energy of the lunar days, particularly lunar day 27. In this analysis, we explore how these events could converge to create...

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More like BTC to it's doom and here's why. To be clear, I don't care if it goes up or down. I just trade it and do not hold any. 1. Potential Distribution pattern playing out: Identifying the subphases of distribution within the context of the Wyckoff Method involves recognizing the transition from accumulation and markup to distribution and markdown in a...

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The HNTUSDT pair shows a potential distribution pattern, with volume analysis indicating a bearish outlook. The volume during the rally to BCLMX (buying climax) is less than the sell-off volume to AR (Automatic rally), indicating that selling pressure is overtaking buying enthusiasm. This is often seen when large players are distributing their holdings to the...

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The SOL/USDT 15-minute chart is currently painting a picture of accumulation. This pattern typically precedes a bullish shift, with the price action following a selling climax (SCLMX) and bouncing back through an automatic reaction (AR) and a series of secondary tests (ST). The 'last point of support' (LPSY) is emerging as a possible pivot for an upward trend....

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The ETH/USDT chart presents a potential distribution pattern that warrants close attention. Distribution typically occurs after a market has experienced a substantial rally and is characterized by large players starting to offload their holdings to the market. This process can lead to a plateau in price, with a series of rallies and declines that often confuse...

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My latest analysis of SOL/USDT points to a potential distribution phase, a precursor to a shift in market dynamics that could significantly impact price action. While the asset has been on an upward trajectory, forming a notable ascending broadening wedge, this pattern typically reflects growing market indecision and can lead to increased volatility. The...

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The current Ethereum chart presents a classic illustration of a potential Wyckoff redistribution phase, enriched with insights from high volume vector candles indicative of market maker presence—a strategy used by Traders Reality. I am not affiliated with Traders Reality, but do implement their strategies in my trading. You can check out their information at the...

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The red trendline on ETH's chart is more than just a line—it's where ETH's price has repeatedly made significant contacts, challenging it over five times now. This level has become a make-or-break point. We see that ETH has already pierced this red line. Although such a breach might seem minor, it often hints at a larger upcoming movement. These initial breaks...

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The current rise in Bitcoin's price may seem like a green signal for continued prosperity, but one must remain vigilant against the mechanisms of market manipulation. It's prudent to remember that in the world of trading, what goes up rapidly can come down just as fast, if not faster. Trade wisely.

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Looks as if a falling wedge is forming to test upper resistance level. I believe this could be a distribution pattern playing out, however I will be taking precautions around $2222 as this is has been an area of high volatility and bullish price action in the past. Volume, alongside price action, is a critical component in analyzing the market through the lens...

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Chainlink had a clear breakout of a falling wedge but has not retracted or tested the breakout. While the huge falling wedge seems very promising, I will mention that the falling wedge is a very poor performer and bullishness may not sustain after it has reached its target. Tom Bulkowski a author, legendary trader and regarded as the leading expert on chart...