Ommik
Wyckoff Trader. X: Wrgzeedz
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Inverted $BTC not looking too shabby, another Wyckoff at the new ATH, Rising Wedge structure.
Hopefully this ATH structure is the right arm of the Wyckoff W, putting the spring in deeper territory once again.
3D HTF breakout, so higher frames got room to swing and put in proper volatility.
Hopefully this ATH structure is the right arm of the Wyckoff W, putting the spring in deeper territory once again.
3D HTF breakout, so higher frames got room to swing and put in proper volatility.
Oh well, Inverted $BTC seems to be printing another Wyckoff. Moving spring deeper into unknown territory.
HTF will hopefully breakout of RSI resistance this swing, and push with HTF volatility.
HTF will hopefully breakout of RSI resistance this swing, and push with HTF volatility.
When charting HTF inverted $BTC there can quickly be established that every bullmarket has been a series of inverted ABC correction, AFTER inverted Wyckoff Distributions in the middle.
Its not different this time.
Its not different this time.
When charting $USDT.D we got the same Three step Wyckoff Distribution with bearish retest, and a cascade of ABC corrections. What a coincidence this Wyckoff fits with the Inverted $BTC wyckoff that is sending.
HTF beardivs and no support even close under, just pure air.
HTF beardivs and no support even close under, just pure air.
$BTC Bears to other bears: "Its not you that is wrong, its the market."
"This rally will fail, just like the others"
"This rally will fail, just like the others"
Inverted LTF $BTC still playing Inverted Distributions into oversold LTF bulldivs for reverse. Wyckoff not broken down yet.
4H playing Bulldiv into the structure aswell.
Daily Hidden Bull.
HTF breakout & Retest.
4H playing Bulldiv into the structure aswell.
Daily Hidden Bull.
HTF breakout & Retest.
Inverted $BTC looking kinda interesting. LTF Inverted distributions onto wedge retest.
LTF Bulldivs for reverse,
4H Hidden Bull.
HTF breakout & Retest still applies.
LTF Bulldivs for reverse,
4H Hidden Bull.
HTF breakout & Retest still applies.
When charting $BTC Dominance something like this would not suprise me. Wyckoff is the word whereever crypto goes.
Putting the $BTC Facts we have on the table:
Every bear screams about the rising OI, that people like me needs to get wiped before moving on, BUT looking heatmap = There are heavy sided shorts here. Taking a trade based on heavy long OI, is totally false, since shorts is overweighing longs by a mile here. Its needed 5 % pump for every shorter to shit their pants. In what I have experienced in the crypto markets is giving me hints that 50B $ shorts will not get away with it, actually this is exacly what is NEEDED for the bullrun to kick in.
Cascading liqidations of confident bears, is what BTC feeds on and what has kickstarted previous bullruns.
Every bear screams about the rising OI, that people like me needs to get wiped before moving on, BUT looking heatmap = There are heavy sided shorts here. Taking a trade based on heavy long OI, is totally false, since shorts is overweighing longs by a mile here. Its needed 5 % pump for every shorter to shit their pants. In what I have experienced in the crypto markets is giving me hints that 50B $ shorts will not get away with it, actually this is exacly what is NEEDED for the bullrun to kick in.
Cascading liqidations of confident bears, is what BTC feeds on and what has kickstarted previous bullruns.
When watching $BTC in normal chart we got absorption at higher levels, sucking all supply of foolish bears.
When Inverting it we got Head and shoulders, with breakdown target around shorts getting rekt.
When Inverting it we got Head and shoulders, with breakdown target around shorts getting rekt.
Inverted $reef is starting to look interesting, a retest would not be wrong. But expecting a reverse bart, once nobody really expects it. In The UTAD now, and not so much resistances left, dont be greedy.
Comparing daily $BTC in October 2020 vs 2024 makes it pretty interesting. Two breakouts from strong sells and one retest.
Coincidence? Yeah right..
Coincidence? Yeah right..
But if we always are talking about burning the leverage. Looking $BTC heatmap = 6,7B $ shorts getting rekt around 70,5k.
Its needed merly 5 % for somebody to have a really bad day.
Its needed merly 5 % for somebody to have a really bad day.
When looking $BTC at bitfinex, the ones who issue USDT = Broke the wedge.
I have a saying if something breaks the buyzone = Zoom out = I.E 3D retest.
We are missing a part of the C wave, for whole structure to be completed, counting A & C same lenght, from the last shoulder bottom, or even the low, if you Zoom out enough.
I have a saying if something breaks the buyzone = Zoom out = I.E 3D retest.
We are missing a part of the C wave, for whole structure to be completed, counting A & C same lenght, from the last shoulder bottom, or even the low, if you Zoom out enough.
$ARB Printing HTF Wyckoff Inverted Distribution / Accumulation into HTF oversold bulldivs.
HTF RSI breakout & Retest.
HTF RSI breakout & Retest.
Inverted 4H $BTC have fallen down to another hidden Bull. O.I is still high, but room for bulls to do work.
Wyckoff H&S Distribution in invert would be awesome in times of disbelief.
Wyckoff H&S Distribution in invert would be awesome in times of disbelief.
When looking HTF Weekly Inverted $BTC there can be an intresting Observation : There is no weekly beardiv. The RSI has broken out and resetted itself once already, and now maybe again for less solid sell lines.
Here comes the punch: Looking back in time (2019) all it took, was a weekly breakout and retest for trend to keep going.
Looking back at last bearmarket there was same deal, a breakout but no retest.
But my point here is : BTC has not loaded Weekly "fakeouts" before, will it be different this time? 🫠
Here comes the punch: Looking back in time (2019) all it took, was a weekly breakout and retest for trend to keep going.
Looking back at last bearmarket there was same deal, a breakout but no retest.
But my point here is : BTC has not loaded Weekly "fakeouts" before, will it be different this time? 🫠
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