Wyckoff
ALRS 1D Long Investment Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ volumed T1
+ support level
+ biggest volume Sp
+ weak test
+ first bullish bar close entry
Calculated affordable stop limit
Take profit
1/3 - 1 to 2 R/R
1/3 - 1D T2 / 1M T2
1/3 - 1/2 of 1Y
Calculated affordable stop limit
Take profit
1/3 - 1 to 2 R/R
1/3 - 1D T2 / 1M T2
1/3 - 1/2 of 1Y
Monthly CounterTrend
"- short impulse
+ volumed TE / T1
+ support level
+ volumed Sp
+ test"
Yearly Trend
"+ long impulse
+ 1/2 correction
+ T2 level
+ support level
+ manipulation"
SMLT 1H Swing Long Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
- unvolumed T1
+ support level
+ volumed 2Sp+
+ weak test
+ biggest volume first buying bar close entry
Calculated affordable stop limit
1 to 2 R/R take profit
Daily CounterTrend
"- short impulse
+ volumed T1
+ support level
+ volumed manipulation"
Monthly Trend
"+ long impulse
+ T2 level
+ support level
+ biggest volume manipulation"
Yearly trend
"+ T1 level
+ support level
+ biggest volume manipulation?"
LLY 1H Swing Long Aggressive Trend TradeAggressive Trend Trade
- short impulse
+ volumed TE / T1
+ support level
+ biggest volume Sp
+ weak test
+ first bullish bar close entry
Calculated affordable stop limit
1 to 2 R/R take profit
Daily Context
"+ long impulse
+ 1/2 correction
- expanding T2
+ support level
+ volumed manipulation"
Monthly Context
"+ long impulse
+ 1/2 correction
+ T2 level
+ support level
- biggest volume manipulation"
Yearly Context
"+ long impulse
- neutral zone"
100k BTC appears to be in the LPSY stage of Wyckoff DistributionCompare the chart with the final stages of a Wyckoff distribution cycle chart and you can easily see with are in the final stages of the LPSY phase. I expect BTC to open to the upside during London open or NYSE open then crash quickly.
Trade carefully.
AFKS Swing 1H Long Conservative CounterTrend TradeConservative CounterTrend Trade
+ long balance
+ 1/2 correction
+ volumed ICE level
+ support level
+ biggest volume 2Sp-
+ weak test
- above first bullish bar close entry
Calculated affordable stop limit
1 to 2 R/R take profit
Daily Context
"- short impulse
+ volumed TE / T1 level
+ volumed manipulation
+ support level"
Monthly Context
"- short impulse
+ biggest volume T1 level
- below 1/2 correction
+ support level
- one bar reversal?!"
Yearly Context
"- short impulse
- neutral zone"
BTC 1h updateWe've broken out of balance and are now leaning more towards short positions. A HAMMER signal appeared on the 1D chart, which could suggest a potential reversal. In my view, a strong sell zone would be around 104,730 for now, but it's important to wait for supporting signals. Stay tuned for updates! 🚨📉
BTC 1D updateIf today’s price closes above the 1D sell level at 104,630, it means we’ve broken out of the current range and are back in an uptrend. However, if it doesn’t close above this level, it could be a false breakout, and the market might stay range-bound for now. Let’s keep an eye on that close!
BINANCE:BTCUSDT.P
TSLA in the way to the all time highTSLA has jumped across the Greek (Wyckoff) and currently above the wide range for 2 weeks.
Now , TSLA heading to the all time high that marked in white color and may be reach before D.Trump inauguration on January 20, 2025
Target points and Stop Loss are marked on the chart.
I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
XLV Swing Long 1H Conservative CounterTrend TradeConservative CounterTrend Trade
+ long impulse
+ 1/2 correction
+ T2 level
+ biggest volume Sp
- resistance level
Calculated affordable stop limit
1 to2 R/R take profit before 1/2 of the Day
Daily Context
"- short impulse
- unvolumed T1
+ support level
+ volumed Sp"
Monthly Context
"+ long impulse
- SOS level broken
- far below 1/2 correction"
Yearly Context
"+ long impulse
- resistance level"
GBP/USD Sells from 1.2700 back downThis week, I expect GBP/USD to continue its downtrend, following a clear change in character and a break of structure on the higher timeframe, signaling bearish momentum. My primary plan is to wait for a retest of the 2-hour supply zone, located above the Asia high. Once the Asia high is taken, I’ll look for confluences to execute potential sell trades.
If the 2-hour supply zone fails to hold, I’ll shift my focus to the 10-hour supply zone, which represents a significant structural point. Should price distribute in this area, I’ll look for major sells to align with the prevailing bearish trend.
Confluences for GBP/USD Sells:
- Liquidity Below: There’s substantial liquidity to the downside waiting to be taken.
- Bearish Momentum: The pair has been bearish over the past two weeks.
- Break of Structure: Price has broken key levels to the downside on the higher timeframe.
- DXY Correlation: The dollar index (DXY) is aligning with this bearish setup.
- Key Supply Zone: A well-defined supply zone caused the initial downside move.
Note: As price approaches the 8-hour demand zone, I’ll also consider any long opportunities to take price up to the supply zone for a countertrend move, rather than waiting for bearish setups exclusively.
BITCOIN WYCKOFF accumulationscenariocast!
IF that is what is occuring ... the #BTC price over the next few months could follow something similar to what I have drawn in a #Wyckoff re-accumulation range and breakout.
With the recent price action being a false breakdown before recapturing the range and proceeding to reach previous levels of resistance.
Let's see if this occurs, sentiment reached rock bottom last week.
SO I would not be surprised!
BTC 1h updateAt 9 AM on December 13, the market established a balance. I'm anticipating the price to approach the resistance level at 100,480. At this point, we might experience either a false breakout or a genuine breakout. If a reliable upthrust occurs, it could present a favorable entry opportunity on the 5-minute chart. It's important to note that a spring pattern formed at the support level at 9 AM. Additionally, selling volume has been slightly lower than buying volume, and the approach to resistance has shown moderate strength. Let's remain patient and observe how the situation unfolds.
BTC 1h updateSince 9 PM on December 11, the 1-hour chart shows an uptrend, with support levels forming at 99,587 and 100,309. A double-bar spring appears to be developing at the 100,309 support, with the first bar showing a notable volume spike and the second bar still forming. If this spring completes and confirms, the price could rise toward the next resistance level. After the spring, the 5-minute chart may offer a good entry point for a long position.
Understanding Wyckoff Reaccumulation: A Comprehensive Guide## Introduction to Wyckoff Theory
Richard Wyckoff developed his methodology in the early 20th century, creating a systematic approach to market analysis that remains relevant today. His method is based on the principle that market movements are primarily driven by large institutional investors, whom he called "composite operators."
## The Concept of Reaccumulation
Reaccumulation is a sideways price pattern that occurs during an ongoing uptrend. Unlike basic accumulation, which occurs at market bottoms, reaccumulation represents a pause in an existing upward trend where institutional investors reload their positions before continuing higher.
### Key Characteristics of Reaccumulation
1. **Prior Uptrend**: Reaccumulation always follows a significant price advance
2. **Trading Range**: Price enters a sideways consolidation period
3. **Volume Analysis**: Typically shows declining volume during the range
4. **Price Structure**: Forms a series of higher lows and lower highs within the range
## Phases of Reaccumulation
### Phase A - Preliminary Support (PS)
- Marks the initial support level where the uptrend first pauses
- Often accompanied by increased volume
- Creates the trading range's support level
### Phase B - Secondary Test (ST)
- Price tests the trading range's support
- Usually shows decreasing volume
- May form several tests of support with springs or upthrusts
### Phase C - Last Point of Support (LPS)
- Final test of support before markup
- Often shows diminishing volume
- Can include a spring below support
### Phase D - Sign of Strength (SOS)
- Strong price move up on increased volume
- Breaks above local resistance levels
- Confirms the reaccumulation structure
### Phase E - Last Point of Supply (LPSY)
- Final pullback before sustained markup
- Generally shows lower volume than SOS
- Creates higher low compared to LPS
## Identifying Reaccumulation vs. Distribution
Understanding whether a trading range is reaccumulation or distribution is crucial for traders. Key differences include:
### Reaccumulation Characteristics:
- Forms after an uptrend
- Shows stronger support than resistance
- Springs more common than upthrusts
- Volume increases on upward price moves
### Distribution Characteristics:
- Forms after an uptrend
- Shows stronger resistance than support
- Upthrusts more common than springs
- Volume increases on downward price moves
## Volume Analysis in Reaccumulation
Volume plays a crucial role in confirming reaccumulation patterns:
- Decreasing volume during consolidation
- Higher volume on tests of support
- Strongest volume on breakouts above resistance
- Low volume on pullbacks after breakout
## Trading Reaccumulation Patterns
### Entry Strategies:
1. **Spring Entry**: Enter after a spring below support with volume confirmation
2. **SOS Entry**: Enter on the break above resistance with increasing volume
3. **LPSY Entry**: Enter on the last pullback before markup
### Stop Loss Placement:
- Below the spring low
- Below the last point of support
- Below the trading range support
### Target Setting:
- Measure the height of the trading range
- Project this distance from the breakout point
- Consider previous resistance levels
## Case Study Analysis
Examining the provided chart, we can identify several key Wyckoff elements:
- Initial trading range establishment after uptrend
- Multiple tests of support with declining volume
- Formation of higher lows within the range
- Strong volume on breakout moves
- Successful continuation of the uptrend
## Common Mistakes to Avoid
1. Misidentifying the larger trend context
2. Ignoring volume confirmation
3. Taking premature positions before pattern completion
4. Missing important support/resistance levels
5. Failing to consider market context
## Conclusion
Wyckoff reaccumulation patterns provide valuable insights into institutional behavior during uptrends. By understanding these patterns, traders can better position themselves to profit from continuation moves while managing risk effectively. Remember that successful trading requires patience, practice, and proper integration of multiple technical analysis tools alongside Wyckoff methodology.
Remember: All technical analysis methods, including Wyckoff theory, should be used as part of a comprehensive trading strategy that includes proper risk management and consideration of multiple timeframes and market contexts.
BTC 1h updateIt looks like the market's been moving sideways on the 1-hour chart. Yesterday, December 10, 2024, the price slowly climbed to the resistance level at 98,341 and then took a sharp dive. We were hoping for a more obvious fake-out at that resistance, but instead, the price just touched the level and dropped. After that steep fall, buyers pushed the price back up, but with less volume than during the drop.
Given that the daily and weekly charts show resistance around 100,000, I'm expecting a clearer fake-out at the 1-hour resistance level, followed by a drop to the 1-hour support. Since the daily chart also shows a sideways movement, it's not too far-fetched to think the price might hit the daily support around 90,800. Let's wait and see how things play out.
DOLLAR DROPPING?This week, I anticipate the DXY to retrace before continuing its recent bearish trend. Since reaching the weekly supply level, the price has consistently formed lower lows and lower highs. This bearish momentum aligns with the bullish trends seen in pairs like GBP/USD and EUR/USD, which I use as additional confluence.
I’ll be watching for the price to retrace to around 106.400, a key area for potential sell opportunities on the dollar. This level aligns well with points of interest (POIs) in my other forex pairs, adding further confidence to this setup.
Note: As we approach the final month of the quarter and year, market conditions may become less predictable due to lower volume. Stay alert, but manage expectations accordingly.
Stay vigilant, and trade safe!
Distribution phase in the next 10 monthsSo we broke 100k. I'm sure we'll see higher in the next 10 months.
What's next? When is the correction?
I see such messages every day. That's why I want to give a full commentary and my vision.
As Waykoff told us, there are accumulation and distribution zones.
On top is the distribution zone If we stick to the theory of cycles, which I often write about
www.tradingview.com
We are entering the zone of local distribution I mentioned and marked with red zones If we are interested in the question how we will form the top and where we will distribute?
I would take into account the fact that we are already in the bitcoin distribution zone in this cycle and it will continue for another 10 months.
So, sideways in the 50k range, I agree, but I don't think it will go below the previous high of 73k.
Three distribution options:
1. ATH and then a gradual slide - the most standard top formation, with a run above 100k to induce euphoria
2. Two rising tops look better with liquidity removal of the first top, etc.
3. The killer of all the shorts, those waiting for the crisis, and so on.
They're going to kill all the non-believers on the moon.
And force everyone who believes in a million dollars for bitcoin to buy it.
Conclusion -
I expect a local distribution above 100k over the next 10 months, the possible top formation I have shown.
I do not expect a sharp drop to 50k - bitcoin has become a different asset class.
Everything can change a lot in 10 months, and based on my cycle theory,
I am waiting for the bull cycle to end. In this range of 10 months, altcoins will once again fall and rise at the very end. They will fall 51 more weeks down after September 2025.
I'm talking about local forecast in 1-2 years, further it will be even more interesting because globally after this cycle, all retail will say goodbye to their bitcoin and will not buy it back cheaper in 95% of cases. and Next we will count how much 1 sashoshi is worth.
in 1 Bitcoin is 120,000 satoshis.
When 1BTC reaches $120k.
1 sat = 1USD
And due to the fact that the printing press is working 1 satoshi will grow in the long run.
I hope for the best in our world. Stay close.
You can find out about other communication opportunities down below the chart.
Best regards EXCAVO