WyckoffMode

WyckoffMode Updated 

The Composite Man is playing this smart. You can count on it. Too many people sell off, he will just use this as an opportunity for more accumulation as he BREAKS OUT QUICKLY to possibly a Double Breakout then a Throwback for more profit taking. So, be careful.

WyckoffMode Updated 

What do y'all think of the current weekly candle? Do we have a test here before we make a breakout or do we fall back with more accumulation? This is not a full breakout like we had in November 2013. However, we seem to have a LOT of support and doubt seriously we go below $800 again. Let me say, "I would be surprised if we go below $800." With current...

WyckoffMode Updated 

I posted this chart in another publishing earlier. I thought I would go ahead and publish it on its own. There is no need for me to make further comments at this time, as most of them were made on the chart. NOTE: If you had trouble reading explanation of the abbreviations in the top left hand corner, it can be seen much better in a repeat post of the chart...

WyckoffMode Updated 

Again, most of my comments are on the Chart. I understand this is XMRBTC and not XMRUSD. The reason I say, "I know..." is because BTCUSD is still very bullish. Which means, if XMRUSD and BTCUSD were to increase the same percentage point(s), we can expect XMRBTC to remain the same price to be collocated with their respective values in USD. Is XMR a "buy" ? I...

WyckoffMode Updated 

NOTE: I already made my main argument in the large note on the chart. ZEC looks promising. The volume we have had recently makes volume of the past look pale in comparison. This is my reasoning behind believing we may have finally come to a point where we can find support and move on to accumulation.

WyckoffMode

You see where I believe the REAL resistance line will be for now. It COULD change. I believe the time of testing that resistance line will be June 10th to 12th on the 1d (daily). IF it breaks through that resistance line, that my lay precedence for us to see new all time highs that may be well north of $1,500 USD on 1w (weekly) BTC/USD chart before the end of...

WyckoffMode

I'm only posting this for myself to see what plays out. I'm wanting to see how the algorithms work out.

WyckoffMode

Most bear whales found out the hard way January 12 - 14, 2015 it is hard to buy back more coin with a low price of $160 to $200. This low price level allowed more buyers to compete against bull whales and bear whales trying to accumulate more coin. Prices at these present levels (220 to 240) opens the door for many would be buyers who would compete with whales...

WyckoffMode

I just joined this website. I've been using bitcoinwisdom.com charts for the longest. I'm still learning all of the features for these charts. For now, you will need to look at the imgur.com link I have provided below to see my chart view for support. I honestly feel we could see a repeat of what occurred January 20th to the 26th these last two weeks in...