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Wyckoffmethod

BTC The Sky isn't falling and here is why..It says it all in the image. Wyckoff Method is very thorough and can be a lot to digest when price is swinging $50-100 a min. I relate this to riding a bull. If you break it up into smaller identifiable pieces you are able to maintain control of your emotions and not make decisions based off of them. I have been studying the curve for almost a year now. Everyday 12-14 hours a day. 2 Months ago I started looking for a logical explanation of what I saw in the market when I first started looking. (This is what I call the CURVE.) I didnt know what Wyckoff was back then nor did I try to find any outside help to sway me one way or the other. I used price action and what the market was showing me everyday to come up with my own ruleset of moves, candle stick formations, and sequence on what happens on every part of the curve. A complete Visual guide to the curve. It wasnt until 2 months ago taht I found wyckoff that I found a logical explanation as to what I saw. Now I combine the two for a complete visual and tech explanation. Wyckoff and the curve are simpatico in every way. It was uncanny to me when I found it because it was the missing link. I hope this helps people in their trading. If you like things like these please like and subscribe, put a comment below if you want me to explain anything else. Thank you. You can learn more about me by Google searching: WECT Scott Mele or going to instagram and searching: iCantw84it There you will find a news article about me and my acquired savant syndrome and my art. My style of trading is linked to the way the acquired savant syndrome affected my brain and how I see things and know how to do things without prior understanding of them. p.s. if you think institutional buying isnt in BTC you just need to crawl back in your hole and continue living out your existence in solitude as no one wants to talk to you. by iCantw84it 05.28.2021
BITSTAMP:BTCUSDLong
by iCantw84it
6
BITCOIN: Prediction of Perfect Point of dropHello Traders! Well before showing your hate in the comment section think twice before what you say. I predicted the crash when the market was near 60 but I saw very disappointing comments and after that, I Predicted the Second sell wave a few days ago and again I saw very disappointing comments. No one on Earth knows where it's heading not even manipulators. So I am trying my best with my experience. Let's talk about Harsh truth Now, Bitcoin is bearish since Mid April and it is still falling. It clearly formed the Wyckoff's distribution at peak then drop hard. Now it's in re-distribution form and it will drop again. The first support is at 20,000 but it will not hold it longer. The preliminary support will be at 20K. The bottom of the trend will hit the 11400 dollars. The market is Bearish for at least the next 100 days. Bearish Market can last 150 days. The reason that I am expecting a 11400 price is that it is mid of the accumulation phase and this accumulation is attracting the price like a magnet. Once it hit the mid of accumulation the market try to run as quick as possible from the accumulation phase. Don't forget to hit the like button and follow to stay connected
Short
by Aadil1000x
15
UEC Uranium Play is Ready to go DEF CON 5!I had a random thought, voice, divine intervention, I don't know what it was but out of no where I had this, more than a thought or idea, but it was clear... "Look at URANIUM! " Subtle real Subtle......*slowly starts to run away* Anyways in my dive into Uranium Plays I looked at URA which is a ETF and good but kind of slow....and about 4 other Uranium Stocks....Then I found this one UEC. UEC is not only a Company that stock piles Uranium, they invest in other companies stocks that have uranium! ETF Warehouse of URANIUM! AMAZON of URANIUM! ok I digress you get the idea. So that said I found the bottom, drew my trend lines from the past, slapped it and called it Sally......Waited for it to dip and then bought in on some option calls. I think where it is at currently isnt a bad place to get in $3.07. The option calls are .15 out of the money and .25 in the money! I mean I dont know what gets you all excited but I couldn't stand up for 15 mins when i found this.....Mostly because My back hurt and it was locked up....but thats besides the point. If you are looking to add some something Nuclear in your plays this is the play to get in on. Just my .02 cent worth but i mean thats all i can afford so dont listen to me......or do. Either way I'll still be sitting here not standing up. by iCantw84it 05.27.2021
AMEX:UECLong
by iCantw84it
1
IWM what a mess i have made....but I did find the Deep V ComboOk after about an hour of breaking this down every way possible I finally see something recognizable. Theres a combo(what I call repeating moves I see in price action. Over the last 9-10 months I memorized all kinds of combos and this is the Deep V Drop move. There is a chance it can rally and go long when it pops up to hit the Upper BB. However, thats a rare one. I believe it hits upper BB might be 1 and done or could print 3 -4 candles moving diagnally hugging the BB as it does. When it finally prints a candle that isnt connected to the BB. Thats your trigger. if you arent as high risk as me. Wait for it to drop and hit the bottom bb. it will print 3-4 candles there and then pop back up to hit the mean one last time before free falling. in the video I intertwine this with wyckoff and the curve and try to give it as much Gravity as I could. Hope this helps, by iCantw84it 05.26.2021
AMEX:IWMShort
by iCantw84it
12
VET/USDT Price predictions what to expect in the next few daysAs VeChain has been testing a .618 fibonacci trend extension for the last 1.5 days combined with a support level based on the Wyckoff Accumulation an increase in price can be expected. However there are some major price levels that need to be recaptured, such as the 14.7-15 cents. When this level is broken the optimal scenario would be a backtest of this level after a successful test we can expect an increase to the 18-19 cent region.
by DaanVerbeek
4
Wyckoff Accumulation Bitcoin 1H At this moment the accumulation is at a critical point, in the first post about Wyckoff I assumed that the price was behaving as Schematic #1. However due to the extended fourth wave there is a possibility that it is switching to Schematic #2, this would than result in more of a trading range for the coming days instead of high volatile price action. The retrace of last night was perfectly supported by the 0.66 (The top of an extended version of the golden pocket) of the fib retracement of the first wave. It was was also supported by the .236 fib retracement of the third wave (since there was no close below it). However, we should have a second test of the resistance level at ~40,500 within 24h. When this test does not happen we could see a low earlier than predicted. Next to this, we can see a breakout form a relatively simple rising wedge pattern, the target of this breakdown is around the same region as the spring of Wyckoff in Phase C. However keep in mind that the resistance line (prior support) is not tested and thus not confirmed, this can lead to the fact that the pattern breakdown is uncertain. As well I want to apologise for the misleading titles of the last two days in which it said that it is a distribution instead of an accumulation. A distribution is entered with an uptrend and an accumulation is entered with a downtrend.
BITFINEX:BTCUSD
by DaanVerbeek
12
DISCA Discovering it has a future and ready for MEDIA WARS 2021Discovery in its merger with Warner Brothers, ATT, and a bunch of other media giants at war for who will control Streaming in the future! This is like watching Pirahana Eat Each other while Small groups of fish, mammals, and other non aggressive beings are torn to pieces as the feeding frenzy and blood lust begins! Either way this is a strong place to get in on this chart. Identifying the bottom several different ways. With the skys the limit. There really is nothing stopping it ceiling wise for almost $30 Lets go Chum the waters for more cannibalistic fun! by iCantw84it 05.26.2021 I know I know I didnt put the S in DISCA. SMH
DLong
by iCantw84it
12
$ZILUSD - The Wyckoff test.NOT FINANCIAL ADVICE. This is my first ever attempt to jump onto the Wyckoff's method bandwagon after spending weeks of reading and testing. This post is as much an effort to figure out $ZILUSD's trend as it is to grow my understanding in this school of thought. As such, I welcome all feedbacks, criticisms, advices, and where I might have erred a thing or two, my apologies in advance. Wyckoff's Method Richard Wyckoff established simple but powerful observational rules for 4 trend recognitions: Accumulation, Markup, Distribution and Markdown -- but nothing is really that simple, right? Within this debilitating chart, which looks nothing like your standard Wyckoff schematics, it is pretty difficult to pinpoint in which trend $ZIL is in. One thing for sure though is that we see contracting volume, a recipe ripe for volatile price action. Contracting volume One of the key tenets of Wyckoff's method, volume relates to supply and demand. We see preliminary supply (PSY) contracting circa Dec 2020. However, I find it difficult to confirm if we are in a distribution trend, as we see characteristics of upthrusts (UT), or if we are in a re-accumulation trend, where we see signs of strengths (SOS) aplenty. $0.10 will be the critical point of support, while $0.15 is the crucial wall of resistance that Bulls need to break to induce retail confidence and invoke a 'spring' out of this creek, which is the highlighted red rectangular zone. This 'creek' will be a point of particular interest in the next few weeks (or months even). Whether price will jump from (SPRING) or if it is the last point of supply area (LPSY), perhaps practicing caution is not such a bad idea until we see further price (and volume) action. Until then, happy trading~!
BINANCE:ZILUSD
by googooboyy