zippy1day

zippy1day

This piece of text in the "Wyckoff Method" sums up the difficulty of spotting the ultimate bottom!

zippy1day

Well all these patterns performing well in a mature market! I expect a bounce here before a further leg down? thepatternsite.com thepatternsite.com

zippy1day Updated 

Now I've posted this it probably won't play out but this is how I see it in the coming days regardless of correlations! thepatternsite.com

zippy1day

It is possible we may have a retrace over the weekend! If a Spring has been put in place, a future target of $38500 is not unreasonable to expect?

zippy1day

Yes now that Bitcoin and Ethereum are "Kings" of the cryptoverse are we now witnessing the start of the new bull run?

zippy1day Updated 

As you can see from my calculations if this plays out some sort of Spring will incur? Please check my calculations before relying on this idea and this is not financial advice! school.stockcharts.com

zippy1day

If this accumulation pattern is to play out as is Wyckoff Accumulation #1 pattern then I feel we must have one final leg down! school.stockcharts.com

zippy1day Updated 

It looks as if we are having a nice little impulse up after the US data figures! thepatternsite.com

zippy1day

If you believe as I do we are in this accumulation Phase B, then this is my projected path although the alternative Spring option will probably be more painful?

zippy1day Updated 

You don't often see these so worth recording! Target close to the bottom of lowest logarithmic growth curve. thepatternsite.com

zippy1day

Two common accumulation phases as shown below in link....question is which one will play out. Present chart showing schematic #1 but alternative in #2 shows a scenario where a spring does not happen? school.stockcharts.com

zippy1day

Well when it does n't seem to be going to plan there is always Wyckoff Method:) school.stockcharts.com

zippy1day

Can it be so or are we just forming a large bear pennant? ewminteractive.com

zippy1day

It remains to be seen whether or not this "Hidden Bullish Divergence" can hold or not? eu.docworkspace.com

zippy1day

It is interesting that we were fell less than $2 short of the high/low recent levels and 0.5 fibonacci so was this the local bottom (2)/B?

zippy1day Updated 

This pressure on BTC in my opinion is as result of the strengthening dollar (DXY) and it looks as if this "Rising Wedge" is playing out as a with Target as per chart! Lowest low or B - ((H – L) * 32%) B = $23699 H = $25212 L = $18905.55 thepatternsite.com

zippy1day

What I mean by this is we are slap bang in the middle of two competing regression channels that being the recent move up and the larger bearish channel from the ATH! SMA#10 being the 4 year Simple Moving Average which is a thick Green Line

zippy1day Updated 

This is by no means certain this is how it will play out, but something for bulls & bears to mull over! thepatternsite.com duckduckgo.com