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/biz/ - Business & Finance

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File: 255 KB, 975x585, wyckoffaccumulation.png [View same] [iqdb] [saucenao] [google]
12063562 No.12063562 [Reply] [Original]

I'll just leave this here...

>> No.12063704

>>12063562
we know we in accumulation. which stage are we in now? my money is on Phase C

>> No.12063820

>>12063704
Yes anon, this is the spring. I’m expecting a wick into the lower 2k region so we can get the V-Reversal that ignites the new uptrend.

>> No.12063836

>>12063704
top of B, down to 3130 then up, mark my words.

>> No.12063847

>>12063836
This. The current resistance is 3540-3550. It reflects around that line down to 3000-3100.

>> No.12063870

>>12063562
Secondary test of phase B

>> No.12063881

ps

>> No.12063884

>>12063847
3550 just hit and reflected. Lets see if we go back down now or if it tries to break through.

>> No.12063902

>>12063884
too much meme lines to do that, and resistances at 3600, its not a buy.

>> No.12063922

>>12063562
Actually an almost exact representation of bitcoin atm well played sir...

We are at the end of phase C and beginning phase D

>> No.12063928

>>12063922
gl.

>> No.12063977
File: 54 KB, 650x359, george-costanza-seinfeld.jpg [View same] [iqdb] [saucenao] [google]
12063977

>>12063922
Nice digits you got there

>> No.12064067
File: 49 KB, 620x376, wy-09-distmarkdown.png [View same] [iqdb] [saucenao] [google]
12064067

>>12063562
I used to post these. But /biz/ didn't like the distribution, no no no. Even when it was happening in front of their eyes nobody wanted to think about that. Every fucking minor blip on the way down is 'ACCUMULATION' here, fuck them.

>> No.12064237
File: 259 KB, 975x585, wyckoffdistribution1.png [View same] [iqdb] [saucenao] [google]
12064237

>>12064067
I'm not surprised. But I feel like this bear market made a lot of anon change their mind regarding TA and they're more open to it now as they're trying to understand what the fuck is going on. Maybe displaying the whole pattern could have helped?

These patterns work pretty well for stocks but I often have a hard time seeing them clearly in crypto with all the huge wicks. Also, bigass dildos coming out of nowhere due to little liquidity. That's why I 'm not 100% sold on this accumulation pattern and might wait for a break out to take a momentum trade.

>> No.12064368

>>12063870
this

>> No.12064386

You people are as deluded as the Elliot wave dumb fucks.