Wyckoff's
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#BTC.D Wyckoff redistribution
Working it's way to UTAD phase. If this plays out alts will have it's rally.
#bitcoin #Wyckoff's
Working it's way to UTAD phase. If this plays out alts will have it's rally.
#bitcoin #Wyckoff's
**The Wyckoff Method**
The Wyckoff Method has two essential rules which are are paraphrased as below: 1) The market never behaves the same way. Price action will never create a move in exactly the same way that it did in the past. The market is truly unique.2) Since every price move is unique, its analytical importance comes when compared to previous price behavior.According to Wyckoff trading cycle, market prices move in 4 different stages: ● Accumulation ● Markup ● Distribution ● Mark Down
These patterns happen on every timeframe. Most effective .TF for Wyckoff in my opinion is Daily.The best indicator for Wyckoff to use is volume.
#IntroToCopytrading
#Wyckoff's
$BTC $ETH $BNB
The Wyckoff Method has two essential rules which are are paraphrased as below: 1) The market never behaves the same way. Price action will never create a move in exactly the same way that it did in the past. The market is truly unique.2) Since every price move is unique, its analytical importance comes when compared to previous price behavior.According to Wyckoff trading cycle, market prices move in 4 different stages: ● Accumulation ● Markup ● Distribution ● Mark Down
These patterns happen on every timeframe. Most effective .TF for Wyckoff in my opinion is Daily.The best indicator for Wyckoff to use is volume.
#IntroToCopytrading
#Wyckoff's
$BTC $ETH $BNB
📌 WYCKOFF
Accumulation and distribution are two of #Wyckoff's most important trading concepts.
🔻 Accumulation is the process of buying securities or goods at a lower #price and then holding them until the price rises, after which they can be sold at a #profit .
🔻 Spreading, on the other hand, is the process of selling a security or commodity at a higher price and then waiting for the price to fall before buying it back at a lower price.
🔹 Accumulation is often seen as a sign of significant underlying demand for a security or commodity, as investors are willing to buy and hold it despite short-term price fluctuations.
🔹 The split can be seen as a sign of weak underlying demand, as investors are willing to sell their assets even as prices rise.
This may mean that there may be a security issue or issue with the product in question.
In Wyckoff #trading , traders use these concepts to identify potential entry and exit #points in their trades.
🔻 Accumulation is the process of buying securities or goods at a lower #price and then holding them until the price rises, after which they can be sold at a #profit .
🔻 Spreading, on the other hand, is the process of selling a security or commodity at a higher price and then waiting for the price to fall before buying it back at a lower price.
🔹 Accumulation is often seen as a sign of significant underlying demand for a security or commodity, as investors are willing to buy and hold it despite short-term price fluctuations.
🔹 The split can be seen as a sign of weak underlying demand, as investors are willing to sell their assets even as prices rise.
This may mean that there may be a security issue or issue with the product in question.
In Wyckoff #trading , traders use these concepts to identify potential entry and exit #points in their trades.
