Distribution
Wyckoff Distribution Schematic #2 Phase D ExtendedUpdate to the Wyckoff Distribution Schematic #2 first brought to my attention by YouTuber "Uncomplication". This pattern is market manipulation by the "Composite Man". As we move into Phase E, see below regarding when to short
Phase E depicts the unfolding of the downtrend; the stock leaves the TR and supply is in control. Once TR support is broken on a major SOW, this breakdown is often tested with a rally that fails at or near support. This also represents a high-probability opportunity to sell short. Subsequent rallies during the markdown are usually feeble. Traders who have taken short positions can trail their stops as price declines. After a significant down-move, climactic action may signal the beginning of a re-distribution TR or of accumulation.
Stag: trendlines broken new lines filled STAG ...what can we say technical about it.
The purple is a long term July '2017 trend line and the pink is a Aug '2018 trend.
We pass the 2017 trend line and are now touching, ever so slightly, the 2018 trend line.
We passed all resistance levels (long ago) and we are $3 a share away from the 50MA.
In the short term we expect some profit taking and a pull back but with the limited supply of large industrial spaces (suitable for ecommerce or distirubtion) we don't see a problem keeping these levels in tact.
Happy upside trading on STAG
Stop Extended Slightly - Move down to beginAfter extending my stop slightly to accomodate this pair begrudgingly, I have now observed a near perfect Wyckoff schematic of distribution on the 5m timeframe.
If I am correct the institutions will begin their sellof shortly as I believe we are in the last phase where we saw increased volume with a rather weak reaction compared to the previous test where we had no volume but an increased spread and reaction.
As always, please be responsible with risk and manage your trade.
BNB / USDT Distribution StructureDistribution Structure on the intraday timeframes.
Huge mark up from accumulation formation, exchange tokens are slowing down whilst money flows into the DEFI sector, majors and midcaps.
I see supply on wide spread after over extended trend, stopping action caused reaction. We had a rally in the form of an upthrust, an ST as a sign of weakness and now have an ability to rally.
Profit taking advised.
Maybe good short oppurnity.
ADABUSD 1D Wyckoff Distribution Schematic #1ADABUSD 1D Wyckoff Distribution Schematic #1
I have been waiting for a loooong period for this time!
Cardano is looking incredibly strong and after a long consolidation period we can see a very strong push towards a new ATH.
My current idea is that Cardano is currently in Phase C of the Wyckoff distribution schematic #1 executing the UTAD test . You can compare it yourself if you google 'wyckoff distribution schematic #1' and look at the phase C / UTAD test. I am unable to post links due to low rep x)..
This means that we can expect that it can spike towards a new ATH; however, this also means that after it has reached its target we can expect sideways movement and in the end a big dump..
My targets are set to around 1.48, but it might jump between 1.40 and 1.60.
Be mindful that Cardano does not move fast and a lot of patience is required.
This dump is needed as a natural progression towards a more stable growth towards 2USD and higher.
This correlates with the new estimation on the release of smart contracts.
Make sure to be not greedy and sell on time. Be patient and a new opportunity will come.
Let me know in the comments what you guys think!
BNBUSDT Wyckoff's Distribution analysisHello Traders!
This is a Wyckoff Distribution Pattern and Currently Market is in the UTAD phase which means BNB is about to give a drop now.
The Candle above the channel looks like a fake breakout and it is going to drop hard from now. If you want to sell then wait for the Market to go back inside the channel and go for the sell with stop loss at the top.
Hit the like button to support the idea and follow to stay connected.
BTC potential distribution on the 4h chartI know this will hit a lot of moonapes on the nerve, yet this is a potential set up that I think might play out, especially when looking at how more and more bullish news get more inflows to exchanges and supply is edging over demand over the last few weeks.
But. The RSI is making lower highs, the chart is more and more looking like distribution, and we're way overbought on the monthly as well, coming up 3 waves of up and down across 90 rsi already.
What I think is crucial to keep an eye out is - if we see a break to the upside and hit 60k , what the reaction is going to be, how much supply will come in the market again, and , on the more dangerous side, how much supply will come into the market if we hit the middle of the trading range around this time next week. I am aware of the fact that we've been super bullish ever since the pandemic hit, and most of the months were green, yet if we are to continue moving upwards and according to the S2F model, we might first see a bigger reaction , shake out a lot of weak hands, and then come roaring back up.
Would be interested to hear opinions on what you guys think, let me know.
Possible accumulation targets for Theta TokenI've been looking for good entries on THETABTC. I personally think the bottom of valley could be the possible accumulation zone and the possible distribution target of its high of the candle (high of the swing low) but I'm too of a beginner to make clear decisions.
What do you think is the possible buy and sell targets? Share your thoughts.
<TradeVSA> Dataprep Distribution...Dnex Follow?Weakness in the chart:
1. Downbar high volume from the top
2. Sell-Off high volume
3. Below 20/40ma
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
TKAT- Gamble on the NFT crazeGambling on TKAT is in a way not much different from gambling on blockchain stocks back in 2017.
Anything digital is a fair game in the realm of NFT as even tweet was up for sale as Jack Dorsey demonstrated that today.
TKAT's Insider ownership is almost 50% and TKAT's institutional ownership is close to zero, indicating the high volatility this stock possesses.
Volume has retraced more than 66% since it reached its record on Wed. It seems to me that TKAT is at beginning of the distribution stage.
Short interest is low and market is irrational so I'm not ruling out a modest correction followed by the continuation.
Game plan: Market buy 1/5, then fill out the rest in the demand zone.
TKAT is volatile. DO your own due diligence. Not the investment advice.