Wyckoff Accumulation Pattern in Progress? The current price action appears to align with a classic Wyckoff Accumulation schematic, suggesting the potential for a bullish reversal. Let’s break down the key elements visible in the chart: Selling Climax (S): The sharp decline led to significant selling pressure, marking a temporary bottom as buyers stepped...
Took a small long (very small), retraced to the golden pocket. Bullish divergences in the orderflow. Risky, because the trend is saying another direction... Let's see if it plays out
Harmonic is not really nice due to the lack off symmetry . Just hit the naked point of control @ 17.28, with a nice reaction for a scalp. The level 17.55 looks decent with a daily. also it is the lowest point of the former range from juni till november this year. Let's see if it plays out.
Just a idea. Not so used to harmonics. let's see if it plays out on the lower time frame. Not trading now myself. funds are not on bybit for a few days, just to be sure.
Is it going to be a swing failure pattern to burn all the bullish people, or is the uptrend reclaimed ?
Bitcoin just had a swing failure pattern of the low, really nice. I missed this due to work etc. Now waiting for another low in the range. fib lines up with the daily (low of the range). Will take a lon with a stop loss under the low. take profit in the middle of the range at the point of control
Helium (HNT) is at weekly support. Not far above the point of control of this range. This is a nice time to ladder into longs. if prefer to wait until the point of control or even the weekly that lines up with te value area low (VAL). I'm going to set alarms at these point to asses if these places are goog long opportunities. But al that mathers offcourse is...
The market structure changed from bullish to bearish with a lower high and a lower low. For me it's still a valid count to see this as a wave 4 correction. i'm laddering in on spot from 42k (the last horizontal range / order block) Let's see how this will proceed this year or next year ;) . If it goes to 28.6k i will use leverage.
Just started with harmonic patterns. If this gartley plays out it is a new long entry @ 48.000. It will shake a lot of leveraged people out of the game. If this plays out, ....... time will tell.
Global perspective: after a nice accumilation zone Icon is building up now for a next range. You could have like 5 short options last range and the same amount of long entry's. If the new range settles, my goal is to take these entry's It broke out of the 1,73 to 2,11 dollar range. If it withstand the backtest of the 2,11 level, the new range is between...
If Bitcoin will go up to the next weekly, then i'll go for a trade with a short entry. It looks very nice with the fib level 0.618, the weekly and the fib fan and time lining up around the 1 of April :)
Looks like a solid long position for me right now. On the daily log scale we are on support drawn back from december 2020. We're on the point of control, high volume node, drawn from 15 feb till now. close to the weekly VWAP an CVD 1hr is bullish divergences Opening a long with a wide stoploss
Just my idea, no advise. BItcoin has made a nice rally in the weekend, this most of the times not a good sign for the short term bulls. Now it's again under the weekly resistance around 57.500. I'm going to try to short if it goes up to the weekly. The profit points are the high volumes nodes from the fixed range. The last take profit will be on the weekly @...
Lost the Fib level 0.236, lost the monthly VWAP Lost the Daily at 44773. If we lose the daily than we are going to see the old ATH 42000 for the gab fill in the volume profile. Daily , weekly , Fib 382 , fib 618 last uptrend and 0,75 speedfan are in the same area...... hopefully a hit to 38000 weekly and then up Will by from 42000. Just to remember and...
Offcourse can only play out if the bitcoin is not dropping. Retracement to the 0.382 Lining up with the VWAP and Daily horizontal. CVD is also bullish Let's see
I'm bullish on BTC (who isn't :) ) . Today closed a long at 36.234 from 44.400 (yesterday) , so it was a good day. Off course closed to early, but was working an not paying much attention. So happy with that result. My next setup (depends on the volume and big longs opening) at this point Reasons: • CVD declines and price highs decline, so no bearish...
MACD is ticking down on the daily. RSI is not on the same pad. Volume is getting less. Breaking out of the flad o the downside. Time to short for me