dragonvslinux
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Crypto Swap Exchange
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January 01, 2022, 01:43:11 PM Last edit: January 01, 2022, 01:58:28 PM by dragonvslinux Merited by JayJuanGee (1) |
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Posting this again for some New Year Hopium. Recent bounce from $46K still looking like a "spring" for Wyckoff accumulation, even more so after creating new closing low on 4hr: The one notable argument and differentiation between whether this is accumulation or distribution (despite the fractal pattern) is the recent increase in volume (as highlighted). In accumulation phases, there is a notable increase in volume at the "spring" (ie the final fake-out). Whereas during distribution, there is a notable decline in volume at a LH rejection prior to the increase that causes the break-out to lower levels. Note: There was an increase in volume, but it didn't lead to sustaining lower lows, instead it so far has led to sustained accumulation and price bouncing back again. Not forgetting the obvious trait is that distribution occurs after a sustained uptrend, whereas accumulation occurs after a sustained downtrend. While this may very well not be the final accumulation zone, it wouldn't make it a Wyckoff distribution zone either, even if price goes lower, due to the fact there hasn't been a sustained uptrend recently. This fractal otherwise looks very similar to the $29K-40K range imo. In the distribution phase, the price remains sidelined after a strong uptrend. Larger players will now liquidate their positions, which may take the price lower after further steps. Remember the $50K-64K range early in the year when most people were uber bullish? Looks similar to the above imo, prior to the 50%+ drop in price. While ironically many people remain very bearish right now. The irony is painful. Most people will time the market wrong again. Source: https://learn.bybit.com/trading/trading-with-wyckoff-accumulation-theory/Evidence: https://www.youtube.com/watch?v=HQXsX3ia8B8
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 01, 2022, 02:01:28 PM |
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shahzadafzal
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January 01, 2022, 02:48:50 PM |
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BTC ~ $46k again I’m so sad Le me:
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cAPSLOCK
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Whimsical Pants
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January 01, 2022, 02:51:47 PM |
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For all you ham radio enthusiast, a 97 year old station powering up and transmitting, amazing old technology. SAQ Grimeton Christmas Eve 2021 Transmission on December 24th https://www.youtube.com/watch?v=Ecg2UrKvNr8Edit: "SAQ is transmitting on one frequency only; 17.2 Khz, as the radio wave is generated mechanically and the rotating alternator cannot produce any higher frequency. The transmitter was installed in 1924 and it was in operation 24/7 for several years. During WWII it was used to communicate with sub marines, as the low frequency allows the radio wave to be recieved under water, down to about 6 meters (18 ft). We are on air 2-3 times a year. See our website alexander.n.se and subscribe to our newletter and you will be noticed in time before any." The antenna is 2,2 km long, that's a hell of an antenna. SO COOL! I have a Yaesu ft991 sitting right behind me. Wish I could give you my station ID, but you know... Still procrastinating getting my general license... have a lowly (in the US) technicians license for years.
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El duderino_
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BTC + Crossfit, living life.
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January 01, 2022, 02:56:53 PM |
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Happy New year!First WO contest of 2022! Where am I? More precision=> more merits. Dolomiti ski resort, Passua, Bolzano, Italy? Have fun and enjoy your vacation. The reflection in the glass…. Trying to zoom in…. There are writings on the cabin, but I cannot get them clear enough
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El duderino_
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BTC + Crossfit, living life.
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January 01, 2022, 02:57:11 PM |
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Happy New year!First WO contest of 2022! Where am I? More precision=> more merits. Dolomiti ski resort, Passua, Bolzano, Italy? Have fun and enjoy your vacation. The reflection in the glass…. Trying to zoom in…. There are writings on the cabin, but I cannot get them clear enough Happy new year and enjoy the holiday
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Phil_S
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We choose to go to the moon
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January 01, 2022, 02:59:05 PM Merited by fillippone (7) |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 01, 2022, 03:01:37 PM |
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Farmer Bill
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January 01, 2022, 03:16:27 PM |
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For all you ham radio enthusiast, a 97 year old station powering up and transmitting, amazing old technology. SAQ Grimeton Christmas Eve 2021 Transmission on December 24th https://www.youtube.com/watch?v=Ecg2UrKvNr8Edit: "SAQ is transmitting on one frequency only; 17.2 Khz, as the radio wave is generated mechanically and the rotating alternator cannot produce any higher frequency. The transmitter was installed in 1924 and it was in operation 24/7 for several years. During WWII it was used to communicate with sub marines, as the low frequency allows the radio wave to be recieved under water, down to about 6 meters (18 ft). We are on air 2-3 times a year. See our website alexander.n.se and subscribe to our newletter and you will be noticed in time before any." The antenna is 2,2 km long, that's a hell of an antenna. Fascinating well presented video, enjoyed that more than most of the crap I've endured over Christmas holidays. Don't know that cAPSLOCK's transceiver would pick up VLF as low 17.2Khz. Bitcoin price still hovering at mid December levels, no tears to shed. Optimistic for 2022. Arriemoller and all of WO Happy New Year and many more of them.
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fillippone
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Fully fledged Merit Cycler - Golden Feather 22-23
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January 01, 2022, 03:39:32 PM Last edit: May 15, 2023, 10:23:29 PM by fillippone |
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Happy New year!First WO contest of 2022! Where am I? More precision=> more merits. Dolomiti ski resort, Passua, Bolzano, Italy? Have fun and enjoy your vacation. Passua? I don’t know any Passua in Italy! The rest is ok! Pretty close! You can do MOAR!
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PoolMinor
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XXXVII Fnord is toast without bread
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January 01, 2022, 03:44:07 PM |
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It's all gravy from here ....................
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 01, 2022, 04:01:28 PM |
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eXPHorizon
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Precision Beats Power and Timing Beats Speed.
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January 01, 2022, 04:23:56 PM |
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Wow Time Flys so fast.. but i still remember 2021 like it was Yesterday
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Phil_S
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We choose to go to the moon
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January 01, 2022, 04:24:41 PM |
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Buddy sure likes 47
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shahzadafzal
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January 01, 2022, 04:27:13 PM Merited by JayJuanGee (1) |
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BobLawblaw
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Neighborhood Shenanigans Dispenser
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Happy New year!First WO contest of 2022! Where am I? More precision=> more merits. I am so angry with this post for reasons... that should probably be ranted about in that other thread...
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 01, 2022, 05:01:28 PM |
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fillippone
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January 01, 2022, 05:02:23 PM Last edit: May 15, 2023, 10:23:24 PM by fillippone Merited by BobLawblaw (10), JayJuanGee (1) |
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Happy New year!First WO contest of 2022! Where am I? More precision=> more merits. I am so angry with this post for reasons... that should probably be ranted about in that other thread... I know, I know. FFP2 are required on all closed lifts here. Theoretically also outside are required, but come on, common sense… and nobody cares. Here it is on almost only for opsec.
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