/biz/ - Business & Finance

Wyckoff bro here. Looks like we're still on track for the phase D Wyckoff spring, according to the raw TA.

Wyckoff phase D spring is upon us, $250 is possible this year, but that would make Link peak at $1000 in 2025. It can happen but will require major world events. To keep it safe, I predict $100/$500.

Wyckoff phase D spring is upon us, $970,000 is possible, but that would make Link peak at $2,795,000 in 2025. It can happen but will require major world events. To keep it safe, I predict $389,000/$731,000 by May 23rd.

Wyckoff phase D spring is upon us, $250 is possible, but that would make Link peak at $1000 in 2025. It can happen but will require major world events. To keep it safe, I predict $100/$500 by May 23rd.

>>54910559
>>54910559
Wyckoff phase D spring is upon us, $250 is possible this year, but that would make Link peak at $1000 in 2025. It can happen but will require major world events. To keep it safe, I predict $100/$500.

>>54910571
We are in the FINAL test of Wyckoff.

>>54449727
>cause i know my wycoff.
you dont
you're not supposed to buy the spring
the wyckoff is not complete until it exits phase D

>>54164286
I don't think you realize just how bullish the Link chart is. We are in Phase D of the Wyckoff formation.

>>54007816
>with Wyckoff accumulation phase E playout.
fucking die meaningless lines on chart vomit speak charlatan

Just as I predicted in this thread:
>>/biz/thread/S53571081

Link would have one last bear trap cleaning dump across the entire $6s, and only then it could begin its ascent. Target is currently $25 which is about a 5x which coincides perfectly with Wyckoff accumulation phase E playout.

In the last week we have had Bitcoin tank by 25 % while Link has actually gone UP from its expected trendline. Link has officially decoupled from BTC, meaning the Wyckoff accumulation breakout chart is confirmed (we are currently in Phase D). I have run the numbers through TA and come up with this formulation for where things are possibly headed in the coming month.

I ran the numbers through advanced TA and have put together a chart of Link's imminent trajectory in the coming weeks. TLDR: we are now in Phase D Wyckoff spring, which will put us in price discovery that will pump us for the next 3 months straight.

Link is following Phase D Wyckoff almost exactly. We're in for a pump between $12-$15. Seriously, GTFI.

There's a Wyckoff version without the spring making a new low. I'm actually under the impression that FTX was the spring, and ST in Phase B simply didn't go lower that the SC. When there's no supply there's no supply. Also have a look at some altcoin charts. I think quite a few are moving towards LPS/SOS already. BNB for example or MATIC didn't put in new lows after June while BTC did. Check out the alternative Wyckoff patterns.

>>53464595
It means we are entering phase D Wyckoff levels, previous peak will now be resistance, so look for $10-$14 soon.

Wyckoff is currently playing out according to current TA. Phase D and E will take us between $15 and $25.

We are at wyckoff phase D. Ride it higher in phase E, but don't forget to take profits this time.

>>53084498
>Look for Wyckoff accumulation pattern Phase C Spring same structure
have you seen the link btc chart at 1 month? Literally doomed to fall lower then the june lower. A huge red candle breaking down. Go to watch it

>>53084425
Look for Wyckoff accumulation pattern Phase C Spring same structure. Fakeout to the downside to trap the greedy bears and weak hands.Next stop is at 12 US dollars.

>>53040797
its a wyckoff phase c spring making all the retards and weak hands to sell the bottom.

The SOS (show of strength) phase is currently being tested.

If ICP can pull through and shoot through to 5$ then Wyckoff's accumulation pattern will be validated and the reversal will be in.

>>52631055
Wyckoff accumulation period. Jews are slowly building their bags while fudding everyone here. There is still upward price pressure but it’s controlled and doesn’t get away from them. Once they’ve secure their bags they’ll do a similar dump phase with some last minute hopium pumps to keep exit liquidity strong for as long as possible.

>>52413941
>that low volume
>Phase C: It is in Phase C of the Wyckoff Method that 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. As noted above, a spring is a price move below the support level of the TR (established in Phases A and B) that quickly reverses and moves back into the TR. It is an example of a bear trap because the drop below support appears to signal resumption of the downtrend. In reality, though, this marks the beginning of a new uptrend, trapping the late sellers or bears. In Wyckoff’s method, a successful test of supply represented by a spring (or a shakeout) provides a high-probability trading opportunity. A low-volume spring (or a low-volume test of a shakeout) indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position.

>>50711137
I don't think I'm a TA pro but I will comment. I was reading the last thread on this. It's even more interesting because the last OP referenced a newer variation of the Wyckoff accumulation as the rising gradient wyckoff.

TA is semi subjective due to the nature of the market, but there are general schematics (like in the top right) of OP's picture. There are rules which confirm the event is occuring or is confirmed. They are allocated based off relative trading volume and matched up to the schematics.

Phase A starts when the preliminary support (ps) is broken, this has a sharp selling climax (sc) and a quick rebound to an automatic rally (ar). A secondary test (st) will try to go back down to the sc, but will fail to do so.
You can generally identify Wyckoff at the start of Phase B where a big rally occurs and then fails, but rebounds (secondary test). The "trading range" is drawn based off those lines. You can see OP mapped these events that conforms to the schematic.

Phase B generally concludes when volume diminishes because the buyers and sellers are demoralized, which conforms again. Then Phase C will start to see higher volume again.
Phase C often tries to retest the lowest "ST" to really clear out any of the last weak hands, but because so few weak hands remain the price rebounds again quickly. Then everyone turns bullish because they see there aren't any sellers left and only buyers remain.

What's interesting here, is the OP in the last thread mentioned this is a different type of Wyckoff known as a rising gradient which is far more bullish than the standard wyckoffs because there is much more buying pressure. It means a spring might not even happen.

tl;dr - TA is based on pattern matching and following a set of general rules. Just like a horse has four legs, a tail, eats hay and neigh's. Or how OP's mom weighs more than 500lb's and has a penis.

>>50694490
You can literally look this up in the archives and see that it's bullshit. Why live in a world made up of head canon?
>>/biz/?task=search2&ghost=yes&search_text=wyckoff+LINK&search_subject=&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=2020-06-01&search_dateto=&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post
Just a handful of mentions, multiple of them bearish calling for Phase A.
>Whats your estimate for the next distribution top? Do you hold anything besides link? >>24980724
>Its kind of hard to call now. You have wait until it starts to unfold for the most part and then start looking at shorter time frames. I'd imagine nearing $50. Wyckoff itself doesn't give metrics for price targets just shows when heavy players are dumping funds into something. >>24980807
Insane how right he was, using Wyckoff.

>LINK is a giant fractal Wyckoff accumulation. Oh boy the crash will be glorious. I expect .019 dollar during the bear market 2021/22 >>27250694
Bear mentioning the fractal. He was right about the Phase A/leg down, not so much with the ridiculous price target.

The rest are just people memeing. Please, point me to all these linkies citing Wyckoff when it was always shunned because linkies REFUSED to believe the pattern when it was bearish on the way down from $50.