davidmarcus1324
Cup and handle getting pretty tight in the falling wedge. Stochastic RSI trending up and the RSI has bullish divergence/exaggerated divergence. Declining volume. MACD crossed bullish. Bullish divergence on 4hr and 15min time frame. 15min time frame backtesting 200 ema right now.
4hr time frame has bullish divergence and the daily as hidden bullish divergence. I see bullish patterns forming on the smaller time frames. Daily had a bullish cross on MACD. There is no breakout yet so keep an eye out for that. 1hr 20,50,100 and 200 EMA getting tight together with a bull pennant on 1hr.
Sof far a breakout but no backtest, gold pocket retracement with very low volume with a nice decline. Falling wedge breakout as the Daily stochastic RSI is pushing up as well as the 4hr. Perhaps wait until the 1-hour stochastic rsi gets oversold as its overbought in the shorter-term time frame. The 4-hour time frame also has bullish divergence and is somewhat...
So far it seems everything up until the Test price has filled out the schematic exactly. Only thing left is to wait and see.
Could reaccumulation be forming? So far it seems to be, but we won't know for sure until it fills out more.
Falling wedge and breakout and its currently trying to hold on the previous line of resistance. Bullish divergence on 4hr. Price on 15min time frame is currently holding above the 200 EMA testing it as support. Bull pennant on 15min and oversold stochastic RSI. Daily stochastic RSI is oversold with hidden bullish divergence. RSI broke long downtrend line.
Bullish divergence on RSI, falling wedge about to breakout, volume has been declining and is low. Hidden bullish divergence on the daily RSI. Daily stochastic RSI is oversold ready to go up. MACD about to have a bullish cross on daily and 4hr, 1hr.
Potentially more reaccumulation on the daily time frame and a much longer time period.
Possibly an idea for Wyckoff re-accumulation. So far, its filling out and keep an eye on it to see if it continues this schematic.
Cup and handle for YFI, price is now in a small falling wedge (handle to the cup) that has normal and hidden bullish divergence. Volume is declining quite a bit with this falling wedge. Stochastic RSI oversold on the daily, 4hr just about oversold, 1hr oversold and 15min.
I noticed with the EMA's, the 200 held for 2015, then the 300 held for 2018, and so far price is yet again holding the 400 EMA. Just noticed this and thought I'd share. And it does seem in 2011 the 100 EMA held as the bear market bottom.
Looks like a 2nd spring formed as the first one failed? Maybe to many people know so the market maker did a 2nd spring lol jk. But the 2nd spring has worked and is now in the SOS area and i don't see why bitcoin couldn't continue this Wyckoff accumulation as there are some wedges i see forming which could push bitcoin up as well. Not entirely sure where the...
Gold pocket retracement, volume declining. MACD about to cross bullish. Stochastic RSI oversold. RSI has hidden bullish divergence as the price holds an uptrend, but the RSI goes down from the same to points. Ichimoku cloud getting thinner. Bullish divergence on the 4hr time frame.
Wyckoff accumulation schematic laid out slanted on the daily time frame is playing out so far, if we see price spring up and test the support lines then it'll look very promising. Hidden bullish divergence has formed. Stochastic RSI may have broke some downtrend line i have added. MACD about to cross bullish . I'm not exactly sure where the target would be but if...
Potentially expecting price to come down a little for a gold pocket retracement from its spring. Red rising wedge/double top formed. Volume is declining and could be filled out a bit more. 1hr and 4hr stochastic RSI overbought and may come down a bit. This does contradict my Wyckoff accumulation idea, but we may either see prices go up from the accumulation or...
Based off the Smart MCDX indicator, we see no red and not much yellow, which indicates a potential dip that may recover back up. Combined with bullish divergence on multiple time frames, oversold daily stochastic rsi and 4hr pushing up, falling wedge, and volume/price is low, and declining.
Potential Wyckoff accumulation in Phase C currently trying to get the push up from the "Spring".
Was unsure as drawing the schematic was a bit difficult here. Found this one schematic that may show accumulation which could push Vechain higher. Could dump any min. 1D, 4hr, 1hr, 30min, and 15min Stochastic RSI is oversold if not just about oversold. RSI on 15min very oversold and based off the smart mcdx indicator almost all yellow is gone so based on how i use...