ypnzel

ypnzel Updated 

On this chart you can see major signs of a sell off if you are using the Wyckoff Distribution method. In fact if you pull up BTC in 2021 at its all time high you will see that the chart is IDENTICAL. Listed are the descending lines of supply and the final Buy up line that will complete the rest of the demand the market has to offer. With confluence of the Fed...

ypnzel

From my last posting I believe US30 Index is in the beginning phases of its Descend into 2023. Assuming that we are not going higher than 34K. After an initial drop from my supply line the chart has given us new confluence to re enter if the initial drop was missed. First we see a trade setting up at what is the local golden pocket, although this trade will not be...

ypnzel

On the daily timeframe price action has retraced from its all time high at exactly the Golden Pocket of .618-.65 Fibonacci levels. I have used that fact to determine my directional bias for the week/weeks to come. If you zoom in to the 4hr time frame you can see a Head and left shoulder already formed, we are currently in the right shoulder. Head and shoulders is...

ypnzel

In December 2021 I published a Wyckoff Chart that predicted the exact day of the market bottom (In the attached Link). This chart is showing how the accumulation has played out. The current price action sits in Phase D at the BU/ LPS which typically precedes a more substantial price mark-up. This will execute after the price is finished compressing we should...

ypnzel

The Bottom at 33938 to the swing high at 48400 has a 38% fibonacci level in confluence with the local swing golden pocket fibonacci levels. This is a wonderful place to take short position.

ypnzel

BTC/USD has been in an Wyckoff Accumulation Phase since the beginning of January. This chart will compare the May 2021 crash followed by a long summer accumulation period next to the the recent November 2021 crash followed by a long accumulation that I believe will last until mid to late January 2022. To save you the long read I am BULLISH on BTC/USD with...