AAPL Wyckoff MethodAs Wyckoff Method we should be in Phase C: The stock price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. We are near to Phase D. If this plays out the whole market should follow, barely we walk on a string.
Wyckoffaccumulation
Smart Money Concepts Diagram With Wyckoff SchematicsThis is a Smart Money Concepts Diagram With Labeled Wyckoff Accumulation And Distribution Schematics.
These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity.
Wyckoff methods teach a bigger picture view of the markets and why they are moving, many times you will see smart money setups inside of bigger picture Wyckoff schematics that form certain parts of the schematic itself.
I hope you find this to be a useful reference diagram for Smart Money trade setups 😁
If you have any questions please comment below and I can make updates to the F.A.Q.
Bitcoin Wyckoff Accumulation Cheat Sheet (Update 2)Update on previous cheat sheet after the recent massive short squeeze on Bitcoin. Trendlines and support/resistance levels mostly unchanged.
We had a protracted Phase C second test followed by a move into Phase D which was confirmed after we broke out of the trendline at 33k.
Sign of strength came from a massive short squeeze as we broke through 35-36k.
This update reflects my optimistic view that we are able to break and hold above 41k shortly and build up enough momentum to break the most important line in crypto as coined by @JordanLindsey, which will take us into Phase E of this Wyckoff Accumulation. I won't be surprised if we come back down to retest the 34-36k region first.
Will continue updating along the way. Likes, comments, constructive criticisms and cheers very much appreciated!
Inspired by:
@bbrijesh
@JordanLindsey
@VincePrince
BTC/USD Wyckoff Accumulation?Could we be in the midst of a Wyckoff Basic
Scheme of Accumulation #1 on BTC/USD?
One should take note that with how the
institutions have been vocally entering Bitcoin, the
way the crypto charting and trading game is played
is changing. BTC may well have started becoming more
classically "textbook" and less sporadic in its cycles.
If this is the case I would say this Wyckoff Basic
Scheme of Accumulation #1 here would very well
be a strategy larger tradfi players are now using
to attempt to shake out retail or those less
experienced than them to accumulate as much
BTC and profit as possible before Bitcoin (dare I say?)
inevitably begins its move upwards again.
It will be interesting to see if this theory has any
substance to it.
Let me know if you have any questions here so
we may both continue our learning processes
and help each other grow!
BTC Wyckoff accumulation - Phase C We are waiting on confirmations of key levels, and forming a bull flag by testing three different levels. if we brake through and get in the golden pocket for a back test, to find strong support, then it's clear skies for the next leg up in the BTC price. See my previous idea predicting this current correction and re test.
BTC/USDT Update: Is Phase E already here? 48k$ and 60k$ nextIntro:
- Btcoin broke out of it's downtrend indicated by the yellow line.
- The last three times we did take a look at the Wyckoff accumulation pattern and it seems we finally are moving towards Phase E.
- Guys please give me some feedback to improve my charts, analysis and commentaries.
Daily chart on the left hand side:
- The volume continues to increase which is bullish .
- On the RSI side we finally got above the 50 line and crossed the yellow line which indicated a downtrend.
- The next resistance lines are at 48k$ and the 60k$ so we still have a lot of room to grow.
4h chart on the right hand side:
- We see a golden cross indicated by the yellow camera.
- BTC broke the 44k$ and shortly also 45k$ level which are flash signs that we move towards Phase E since the last resistance for the Wyckoff accumulation is around 43k$.
Expectation:
- We expect a pullback to retest the 43k$ and 44k$ line and look for support.
- Afterwards there is not much resistance between here and 60k$. So it could be a fast ride.
- We expect to hit the old ATH soon within the next two months.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
BTC Update - It was An Accumulation all along, SOSMy mistake was not noticing the glitches in the futures,
I’ll be honest, it’s not the strongst Accumulation I’ve ever seen, and also it was a tricky range, I thought it was a distribution until the very end, but noticing the strong bull movement in the end made me to check again the chart and see the change of character in the end.
Wyckoff Accumulation in HYLNBiden's signing of the Electric Vehicle executive order may be a tailwind for HYLN (Hyliion), the Texas-based company producing EV motors and retrofitting hybrid systems for long-haul trucking fleets. Add to that the proposed I-14 expansion between Texas and Georgia and the electric vehicle charging stations included in the current Infrastructure Bill going through congress, I believe there is a buying opportunity here of which many hedge funds and institutional investors are already aware. This accumulation is happening already, with 13F filings on whalewisdom.com showing that since 7/26, HFs have initiated new positions to the tune of roughly 800K shares long, and those already with positions have increased their holdings by over 1.25m shares in the same time period. This can be seen on the chart as well, with this classic Wyckoff Accumulation pattern playing out nicely. Add in a heavy amount of short interest, and upcoming earnings, and this stock could really make a move on positive PR.
Bitcoin New Low Targets...Spring has yet to comeI know many are bullish, but I like to approach all FOMOs with caution. As much as I would love to see BTC go up in value, I do believe the worst of it has not come yet. Having been in a Wyckoff accumulation, I believe we have yet to see the spring. I do foresee one last bullrun before the economy collapses, but I also see the crypto market tanking as a whole one last time. Typically there is always one last dump, (the spring) in which a new low is hit. I believe around 25-20k for BTC. As to why? RSI indicates BTC is overbought. This hints towards a reduction in price to stabilize. Although the MACD looks like a bullish move is inbound, the buy signal has not been given yet. We are still in a descending triangle pattern after all and it is unlikely to breakout with such high RSI already. Just my take, not financial advice. I am not shorting, just waiting for the spring before picking more up. Your thoughts?
#SKY/BTC : Learning Wyckoff Accumulation Schematic #1 ------------------------------------------------------------------
What is Skycoin?
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"Skycoin (SKY) is an open-source, community-owned, hardware-based peer-to-peer internet that leverages the incentive structure of the blockchain.
Skycoin’s platform has been billed as 'completely secure, infinitely scalable, and ISP independent' by the project team. Skycoin is focused on security, usability, and ease of use.
Skywire, the flagship application of Skycoin, aims to decentralize the internet at the hardware level. Skywire's objectives extend beyond providing decentralized bandwidth - it also aims to offer storage and computation."
www.skycoin.com
coinmarketcap.com
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Skycoin is in a category of Cryptocurrencies called "Web-3",
"Web 3.0 is slated to be the new paradigm in web interaction and will mark a fundamental change in how developers create websites, but more importantly, how people interact with those websites."
If the Web 3 Category of Cryptocurrencies gets some positive attention or news this would be great for Skycoin also.
www.techopedia.com
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What is Wyckoff Accumulation?
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"One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists.
In accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR ."
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A trading range shows us an equilibrium between buyers and sellers, and the Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure.
In this particular example on SKY/BTC : Skycoin we can see the highest volume on record was on the buy side when the price fell below the Horizontal Trading Range, if the price can get back inside this area it may be a good clue that it was a fakeout trapping the sellers below the range, and transferring the wealth from the fear striken to the hands of the patient for the next Mark Up phase.
See Wyckoff Links below for further knowledge & reference Schematic of Accumulation, I have also included the schematic on the chart.
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Source and more great basic intro information for Wyckoff Method:
school.stockcharts.com
Current Schematic on Skycoin:
school.stockcharts.com
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If Skycoin can find support at the 0.000045 area then a strong upside movement to 0.000063-0.000076 is possible, in the case of a Alt Season or continuous Crypto Bull Market even higher prices can be achieved once the Trading Range is claimed again.
Thank you for reading, don't forget to follow for more educational ideas and Wyckoff Templates.
Bitcoin formed wycoff accumulation#2Bitcoin formed wycoff accumulation#2 which says there won't be a spring so there's also no ST, this accumulation#2 says after a failed spring we see LPS at least two times before breaking the AR formed by phase A, and it broke out of the AR and the UA which was about $42k, then came back down to $39k, which was also a support in lower timeframe so we should be expecting another breakout of the AR and UA to fully for SOS then re-testing the AR which is also a creek to form the BUEC and then the bull run starts.
Bitcoin and Fibonacci retracement.It looks like bitcoin follows Fibonacci retracement more so then Support and resistance levels. Also don't forget that bitcoin is following the Wyckoff patterns almost perfectly. If you don't know the Wyckoff patterns then I highly suggests that you at least look over some of the patterns with the site on this post. Right now bitcoin is in the Wyckoff Accumulation phase.
BTC/USDT According to Wyckoff Acc. consolidation then breakoutThe last two times we covered BTC/USDT we talked about the Wyckoff accumulation and its different phases.
We now finally reached the last consolidation phase after another bullish night where the 41k$ was broken.
Now we expect some sort of consolidation before we make a brutal move to the upside.
The bears are getting rekt since the recovery from below 30k$.
Additionally we see a golden cross between the 50 and 200MA indicated by the yellow camera symbol.
We also see a consolidation of the RSI above the 50line which could act as a strong spring.
Take care and enjoy the ride.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Possible Wyckoff Accumulation on $ARCTI have been trying to identify and study the Wyckoff patterns ever since the pattern became recognized in the recent bitcoin distribution and accumulation phases. i believe i see accumulation in $ARCT, which is a biotech with mRNA vaccines and treatments. The stock is lower float, heavily shorted, and with current issues surrounding Covid-19, a potential runner. There are several gaps to fill above as well and earnings coming up shortly, with a potential to surprise to the upside.
BTC UPDATE, It's all about Bull Runattention, Not financial advice
after the btc breakout of the falling wedge, we saw very high volume causing a slightly massive pattern move forward, maybe we could see an elliot wave and wyckoff pattern forming in the future, and the pattern I created based on previous support and resistance