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người đầu tiên theo phương pháp wickoff áp dụng sóng ngành chứng khoán từ đó đưa vào sóng ngành bitcoin và các hệ sinh thái của tiền điện tử
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How to create a super altcoin in an uptrend marketWhen BTC increases in price, almost 90% of altcoins increase in price following BTC, so when BTC pushes up in price, do all other altcoins enter a price push cycle following BTC? The answer is yes, but only increases in price following BTC, but entering a price push cycle of altcoins requires an important signal that we will analyze together in today's article. As we know, the price of a coin increases when all 3 factors of the law converge: First, the law of supply and demand when demand overwhelms supply causes the price to increase and when supply equals demand, the price goes sideways with no clear trend.

How to create a super altcoin in an uptrend market

When BTC increases in price, almost 90% of altcoins increase in price following BTC, so when BTC pushes up in price, do all other altcoins enter a price push cycle following BTC? The answer is yes, but only increases in price following BTC, but entering a price push cycle of altcoins requires an important signal that we will analyze together in today's article.
As we know, the price of a coin increases when all 3 factors of the law converge: First, the law of supply and demand when demand overwhelms supply causes the price to increase and when supply equals demand, the price goes sideways with no clear trend.
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How BTC will move at the re-accumulation base with a narrow volatility zone in the price zone near resistance!Currently, we are extremely uncomfortable in the past 2 trading days when BTC continuously traded at only 90k-91k, causing many traders during this period to not have much profit and continuously experience many emotions from profit to loss and loss to loss again and back to loss. From there, we are confused about whether BTC will break the 91k zone to continue the uptrend or adjust to the 86-87k zone. To answer your current questions, let's look back at BTC's accumulation cycles in the border zone similar to the current period to have a trading strategy in this extremely low-volatility price range.

How BTC will move at the re-accumulation base with a narrow volatility zone in the price zone near resistance!

Currently, we are extremely uncomfortable in the past 2 trading days when BTC continuously traded at only 90k-91k, causing many traders during this period to not have much profit and continuously experience many emotions from profit to loss and loss to loss again and back to loss. From there, we are confused about whether BTC will break the 91k zone to continue the uptrend or adjust to the 86-87k zone. To answer your current questions, let's look back at BTC's accumulation cycles in the border zone similar to the current period to have a trading strategy in this extremely low-volatility price range.
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Bearish
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$BTC A sudden change in volume appears, the accumulation process begins, you need to observe carefully! You guys are currently not sure whether you have missed the current wave or not, if you do not buy at this stage, will BTC continue to go up like in the short-term correction stage of 79 - 80k, then BTC goes straight up and does not return to the price of 79-80k anymore. Let's look back at previous cycles to see which stage BTC is in to have a clearer view to avoid missing opportunities in the future. Like the February 2024 cycle, the process of going up from the 43k to 51k zone, BTC did not appear any re-accumulation zone but went up and then at the 51k price zone, BTC released a vol tree with outstanding volume and started the accumulation process that lasted 14 days before starting the second increase from the 51k to the 63k zone. In the 10-2023 cycle, after going straight from the 28k to 34k zone, BTC appeared a volume expansion zone and then a 1.5 month re-accumulation zone before going up again to the 43k price zone. So why in the previous 2 cycles, after the volume expansion zones at the temporary peak, BTC did not continue to go up but re-accumulated, and will the volume expansion phase in the current historical period repeat itself? Will BTC accumulate for a long time before going up??? In my personal opinion, depending on the supply and demand test force at the 93k zone, if there is another push, BTC will re-accumulate at a higher zone, maybe 95k, but currently the risk of re-accumulating at the 85k - 93k zone is high because at the 93k zone, there are continuously failed test points with no demand entering and the price will return to the 86 zone.
$BTC A sudden change in volume appears, the accumulation process begins, you need to observe carefully!
You guys are currently not sure whether you have missed the current wave or not, if you do not buy at this stage, will BTC continue to go up like in the short-term correction stage of 79 - 80k, then BTC goes straight up and does not return to the price of 79-80k anymore.

Let's look back at previous cycles to see which stage BTC is in to have a clearer view to avoid missing opportunities in the future. Like the February 2024 cycle, the process of going up from the 43k to 51k zone, BTC did not appear any re-accumulation zone but went up and then at the 51k price zone, BTC released a vol tree with outstanding volume and started the accumulation process that lasted 14 days before starting the second increase from the 51k to the 63k zone.
In the 10-2023 cycle, after going straight from the 28k to 34k zone, BTC appeared a volume expansion zone and then a 1.5 month re-accumulation zone before going up again to the 43k price zone. So why in the previous 2 cycles, after the volume expansion zones at the temporary peak, BTC did not continue to go up but re-accumulated, and will the volume expansion phase in the current historical period repeat itself? Will BTC accumulate for a long time before going up???
In my personal opinion, depending on the supply and demand test force at the 93k zone, if there is another push, BTC will re-accumulate at a higher zone, maybe 95k, but currently the risk of re-accumulating at the 85k - 93k zone is high because at the 93k zone, there are continuously failed test points with no demand entering and the price will return to the 86 zone.
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Bullish
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$BTC continues to appear a stretch (BC) after the first supply area appears, will the market continue to stretch or will there be a re-accumulation day like the cycle 10-2023, 2-2024? Currently, we have confirmed that BTC is in a long-term uptrend phase, but in any uptrend of BTC with an increase of 15% or more from the BU area, BTC will appear a re-accumulation phase like in the uptrend cycles of BTC in 10-2023, 2-2024, 7-2023. And in the current period, we still have not seen the first re-accumulation border area of ​​BTC (SC - AR according to Wickoff) after the supply area appears, will BTC re-accumulate tonight or will there continue to appear a stretch to surpass the peak of 93k? Let's analyze the current situation, BTC has a similar pullback period in July 2023 with a sudden increase in liquidity compared to previous sessions and during that period BTC returned to the first sell-off zone and then re-accumulated for nearly a month before falling into a medium-term correction. So the current scenario of BTC is repeating July 2023 when BTC also appeared a pullback period and the price is falling to the 88k zone and there is a high possibility that tonight the price will return to the 86-87k zone to create the first accumulation zone after a very strong price push of more than 20% from the BU zone (final supply and demand test) to create an accumulation zone to collect goods before entering the next price push phase. And this successful process will last from 3-4 weeks depending on the supply on the market. Current strategy is to wait for the reaction in the 86-87k zone to see if there is any demand to create the first accumulation zone to buy spot BTC in the re-accumulation zone of 86.87k-93k! TH2....
$BTC continues to appear a stretch (BC) after the first supply area appears, will the market continue to stretch or will there be a re-accumulation day like the cycle 10-2023, 2-2024?

Currently, we have confirmed that BTC is in a long-term uptrend phase, but in any uptrend of BTC with an increase of 15% or more from the BU area, BTC will appear a re-accumulation phase like in the uptrend cycles of BTC in 10-2023, 2-2024, 7-2023. And in the current period, we still have not seen the first re-accumulation border area of ​​BTC (SC - AR according to Wickoff) after the supply area appears, will BTC re-accumulate tonight or will there continue to appear a stretch to surpass the peak of 93k?
Let's analyze the current situation, BTC has a similar pullback period in July 2023 with a sudden increase in liquidity compared to previous sessions and during that period BTC returned to the first sell-off zone and then re-accumulated for nearly a month before falling into a medium-term correction.
So the current scenario of BTC is repeating July 2023 when BTC also appeared a pullback period and the price is falling to the 88k zone and there is a high possibility that tonight the price will return to the 86-87k zone to create the first accumulation zone after a very strong price push of more than 20% from the BU zone (final supply and demand test) to create an accumulation zone to collect goods before entering the next price push phase. And this successful process will last from 3-4 weeks depending on the supply on the market. Current strategy is to wait for the reaction in the 86-87k zone to see if there is any demand to create the first accumulation zone to buy spot BTC in the re-accumulation zone of 86.87k-93k!
TH2....
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$BTC Will it break out of the range of 89.5k or fluctuate around the range of 85.5k to continue re-accumulating. #Write2Earn!
$BTC Will it break out of the range of 89.5k or fluctuate around the range of 85.5k to continue re-accumulating.
#Write2Earn!
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$BTC Will it break out of the 89.5k area or return to the 85.4k area for re-accumulation #Write2Earn!
$BTC Will it break out of the 89.5k area or return to the 85.4k area for re-accumulation
#Write2Earn!
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$BTC has confirmed the uptrend, is there still an opportunity for everyone to miss the wave? After continuous capital inflow into top coins like ETH, BNB, SOL, BTC has officially entered the price push phase (E wickoff phase) according to the confirmation session on October 11, 2024 (yesterday). So after these wave bottom areas, should we fomo buy to avoid missing the sprint of BTC like in the cycles of 2-2024, 9-2023? As we can see, in the cycle of September 2023, after BTC confirmed a break above the 32k area, BTC re-accumulated for more than 2 months before continuing into the next sprint. So in the current cycle, will BTC repeat the scenario like in the cycle of September 2023? If so, should we be afraid of missing the opportunity? In any price push cycle of BTC, there are always profit-taking areas from individual organizations, from which, depending on the supply released, short-term adjustments will occur, creating short or long re-accumulation zones to continue rising at the wave bottom. Because at the current stage BTC has only confirmed at the wave bottom, so there are still extremely many opportunities for BTC to break up to the 82-83k area, but there will certainly be adjustment areas returning to lower price zones. Therefore, we should not fomo at this stage but need to manage risks to avoid short-term adjustments rather than fomo buy. As for specific entry points, I will mention them after BTC completes the pattern. Currently, if you hold spot positions, feel free to hold long-term and should not take profits at this stage because we are just at the beginning of the cycle. As for altcoins, I have mentioned the buying mindset on my personal page!
$BTC has confirmed the uptrend, is there still an opportunity for everyone to miss the wave?
After continuous capital inflow into top coins like ETH, BNB, SOL, BTC has officially entered the price push phase (E wickoff phase) according to the confirmation session on October 11, 2024 (yesterday). So after these wave bottom areas, should we fomo buy to avoid missing the sprint of BTC like in the cycles of 2-2024, 9-2023?
As we can see, in the cycle of September 2023, after BTC confirmed a break above the 32k area, BTC re-accumulated for more than 2 months before continuing into the next sprint. So in the current cycle, will BTC repeat the scenario like in the cycle of September 2023? If so, should we be afraid of missing the opportunity?
In any price push cycle of BTC, there are always profit-taking areas from individual organizations, from which, depending on the supply released, short-term adjustments will occur, creating short or long re-accumulation zones to continue rising at the wave bottom.
Because at the current stage BTC has only confirmed at the wave bottom, so there are still extremely many opportunities for BTC to break up to the 82-83k area, but there will certainly be adjustment areas returning to lower price zones. Therefore, we should not fomo at this stage but need to manage risks to avoid short-term adjustments rather than fomo buy.
As for specific entry points, I will mention them after BTC completes the pattern.
Currently, if you hold spot positions, feel free to hold long-term and should not take profits at this stage because we are just at the beginning of the cycle. As for altcoins, I have mentioned the buying mindset on my personal page!
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The cash flow is surging into the market $BTC ready to enter an uptrend? Currently, we are observing the teams behind the top coins in the market such as SOL BNB ETH have sensed good macroeconomic situations around the world to start pushing their coins into a synchronized price increase unlike the previous periods from 3 - 10 - 2024 when BTC approached the peak of 75k, the teams behind the top coins did not push their coins into a price increase phase but continued to accumulate. So if BTC continues to have a phase of investor liquidation, will the teams behind the top coins be ready to push their coins into a price increase phase? In my opinion, with the expert analysis team of the top coins, they wouldn't be foolish enough to see BTC about to have a liquidation phase and hastily push their coins into a price increase phase like that. Therefore, with the nature of cash flow continuously spreading across almost all top coins in the market, we can see the beginning of consensus in the market to prepare for an overall uptrend. With such characteristics, plus the absence of a selling frenzy from BTC, if BTC adjusts and the top coins do not experience a sell-off, we can start deploying 25-30% of the remaining capital after buying BTC at the 75k range as I previously analyzed to capture a sprint of BTC up to the 80k range. As for trading altcoins, I will write a separate analysis to choose the optimal buying points for you! #Write2Earn!
The cash flow is surging into the market $BTC ready to enter an uptrend?
Currently, we are observing the teams behind the top coins in the market such as SOL BNB ETH have sensed good macroeconomic situations around the world to start pushing their coins into a synchronized price increase unlike the previous periods from 3 - 10 - 2024 when BTC approached the peak of 75k, the teams behind the top coins did not push their coins into a price increase phase but continued to accumulate.
So if BTC continues to have a phase of investor liquidation, will the teams behind the top coins be ready to push their coins into a price increase phase? In my opinion, with the expert analysis team of the top coins, they wouldn't be foolish enough to see BTC about to have a liquidation phase and hastily push their coins into a price increase phase like that.
Therefore, with the nature of cash flow continuously spreading across almost all top coins in the market, we can see the beginning of consensus in the market to prepare for an overall uptrend.
With such characteristics, plus the absence of a selling frenzy from BTC, if BTC adjusts and the top coins do not experience a sell-off, we can start deploying 25-30% of the remaining capital after buying BTC at the 75k range as I previously analyzed to capture a sprint of BTC up to the 80k range.
As for trading altcoins, I will write a separate analysis to choose the optimal buying points for you!
#Write2Earn!
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$BTC Don't be misled by the blooming flowers thinking spring has come? As we analyzed in yesterday's article, Bitcoin (BTC) needs a confirming session with a strong increase in volume along with the price exceeding the all-time high of 76.5k after the supply-demand check session. However, in yesterday's session, BTC managed to break out of the BU zone but did not surpass the all-time high. Therefore, the scenario of BTC making a sprint after the BU zone has not confirmed for BTC to enter phase E immediately. Since BTC has not confirmed the sprint scenario, plus the supply force at the 76.5k zone has not shown any signs of a spike and is gradually depleting, the scenario of re-accumulation in the 75k-76.5k zone is extremely likely at this stage. Taking advantage of this scenario, we can start to gradually allocate capital with positions ensuring 25-35% as I mentioned in the 75k zone or possibly lower if there are dips at this 75k zone. So, during this phase, everyone should remain calm and not fomo out of fear of missing the opportunity. As for the worse scenario, I will refrain from mentioning it here because there hasn't been any significant supply released during this phase; only the demand from institutions is still hesitant in pushing the price! #Write2Earn!
$BTC Don't be misled by the blooming flowers thinking spring has come?
As we analyzed in yesterday's article, Bitcoin (BTC) needs a confirming session with a strong increase in volume along with the price exceeding the all-time high of 76.5k after the supply-demand check session. However, in yesterday's session, BTC managed to break out of the BU zone but did not surpass the all-time high. Therefore, the scenario of BTC making a sprint after the BU zone has not confirmed for BTC to enter phase E immediately.
Since BTC has not confirmed the sprint scenario, plus the supply force at the 76.5k zone has not shown any signs of a spike and is gradually depleting, the scenario of re-accumulation in the 75k-76.5k zone is extremely likely at this stage. Taking advantage of this scenario, we can start to gradually allocate capital with positions ensuring 25-35% as I mentioned in the 75k zone or possibly lower if there are dips at this 75k zone. So, during this phase, everyone should remain calm and not fomo out of fear of missing the opportunity.
As for the worse scenario, I will refrain from mentioning it here because there hasn't been any significant supply released during this phase; only the demand from institutions is still hesitant in pushing the price!
#Write2Earn!
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$BTC chance 1 year has 1? After nearly 8 months of waiting, BTC has finally started the last phase of raising funds, and last night a new all-time high appeared, signaling a new extremely bright cycle for BTC in the coming months. Technically, BTC is currently in the final supply-demand testing zone (BU phase according to WICKOFF) before officially confirming the entry into an uptrend phase with extremely exhausted volume in the past 12 hours. However, compared to previous BU supply-demand testing phases before entering the price push cycle at the stages of February 26, 2024, or February 6, 2024, BTC still seems indecisive in confirming a strong price increase phase with large incoming volume. However, this price increase process has continuously surpassed the 75k peak and at one point touched the 76.4k range, indicating a small demand force that also caused the price to rise. Therefore, according to yesterday's strategy, we can start buying spot 25%-40% of BTC capital at the 75k price level to bet that BTC will confirm a phase with explosive volume like the two analysis stages above. When BTC starts to have outstanding explosive volume compared to previous time frames at the 76k range with the price starting to break out at 76.4k, we can bet an additional 25% of the remaining capital to ride a price push cycle of BTC. If the scenario does not occur, we will continue to evaluate BTC's re-accumulation zone. The strategy for altcoins is to begin deploying funds for altcoins with similar patterns to BTC in the phases of February 6, 2024, and February 26, 2024! Remember to manage risk during this uptrend season.
$BTC chance 1 year has 1?
After nearly 8 months of waiting, BTC has finally started the last phase of raising funds, and last night a new all-time high appeared, signaling a new extremely bright cycle for BTC in the coming months. Technically, BTC is currently in the final supply-demand testing zone (BU phase according to WICKOFF) before officially confirming the entry into an uptrend phase with extremely exhausted volume in the past 12 hours. However, compared to previous BU supply-demand testing phases before entering the price push cycle at the stages of February 26, 2024, or February 6, 2024, BTC still seems indecisive in confirming a strong price increase phase with large incoming volume. However, this price increase process has continuously surpassed the 75k peak and at one point touched the 76.4k range, indicating a small demand force that also caused the price to rise. Therefore, according to yesterday's strategy, we can start buying spot 25%-40% of BTC capital at the 75k price level to bet that BTC will confirm a phase with explosive volume like the two analysis stages above. When BTC starts to have outstanding explosive volume compared to previous time frames at the 76k range with the price starting to break out at 76.4k, we can bet an additional 25% of the remaining capital to ride a price push cycle of BTC.
If the scenario does not occur, we will continue to evaluate BTC's re-accumulation zone.
The strategy for altcoins is to begin deploying funds for altcoins with similar patterns to BTC in the phases of February 6, 2024, and February 26, 2024! Remember to manage risk during this uptrend season.
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$BTC appears to be a very strong money flow accumulation phase uptrend, is it confirmed????? According to the analysis this morning, BTC has confirmed the completion of the test phase and officially entered the money flow accumulation phase. During the money flow accumulation process, depending on the market supply, the uptrend duration of BTC will be fast or slow. And right at the election session this morning, after Trump surpassed Harris in the voting results, the institutional demand continuously flowed in, shortening the absorption of supply in the market to just one session. And this is also the fastest money flow absorption process since BTC formed its phases according to the cycle from when it was listed until now. Part of the money flow is due to the very positive presidential election news causing the BTC price to rise sharply. And this money flow accumulation process is very similar to the money flow accumulation phase on February 7, 2024. If Trump actually wins today, after the final supply and demand check at the 73.5k area, BTC will break the 75k area to reach the 77-78k area today. If the scenario after the BU phase is unfavorable election results, we will see a very strong supply surge at the 73.5k price (BU phase) and BTC's price push will fail. The current strategy is that you can start to bet 25% of your spot capital into the BU phase, and this afternoon if BTC starts to break out of the 75k area, we can bet an additional 50% of the remaining capital into BTC to bet on BTC in the E price push phase, you guys! But you should not be complacent about scenario number 2 appearing! After this confirmation process, we will start hunting altcoins, but currently, BTC has not officially gone up yet, bros! #Write2Earn!
$BTC appears to be a very strong money flow accumulation phase uptrend, is it confirmed?????
According to the analysis this morning, BTC has confirmed the completion of the test phase and officially entered the money flow accumulation phase. During the money flow accumulation process, depending on the market supply, the uptrend duration of BTC will be fast or slow. And right at the election session this morning, after Trump surpassed Harris in the voting results, the institutional demand continuously flowed in, shortening the absorption of supply in the market to just one session. And this is also the fastest money flow absorption process since BTC formed its phases according to the cycle from when it was listed until now. Part of the money flow is due to the very positive presidential election news causing the BTC price to rise sharply. And this money flow accumulation process is very similar to the money flow accumulation phase on February 7, 2024. If Trump actually wins today, after the final supply and demand check at the 73.5k area, BTC will break the 75k area to reach the 77-78k area today.
If the scenario after the BU phase is unfavorable election results, we will see a very strong supply surge at the 73.5k price (BU phase) and BTC's price push will fail.
The current strategy is that you can start to bet 25% of your spot capital into the BU phase, and this afternoon if BTC starts to break out of the 75k area, we can bet an additional 50% of the remaining capital into BTC to bet on BTC in the E price push phase, you guys! But you should not be complacent about scenario number 2 appearing!
After this confirmation process, we will start hunting altcoins, but currently, BTC has not officially gone up yet, bros!
#Write2Earn!
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$BTC has entered the final stage ready to accelerate??? Last night after the exhaustion point regarding volume (the spring test according to WICKOFF), BTC confirmed a successful spring phase and officially acknowledged that BTC has begun the phase of capital accumulation (phase D according to WICKOFF). The re-accumulation zone from October 16, 2024, to November 6, 2024, in my view, remains unchanged as it is the final supply and demand testing area (major BU phase) in the medium and long term for BTC to surpass its all-time high. With these two factors, we are very close to the uptrend cycle after 8 months of accumulation for BTC from March 2024 until now. Therefore, at this moment, we need to be extremely focused on the market to avoid missing a wave that could change our destiny. In the short term, after BTC officially confirms entering phase D, there have been continuous supply forces emerging during the capital accumulation process. According to the law of supply and demand, when the supply emerges, a corresponding demand must enter to balance the supply before the price can move in a new trend. To balance this supply, the characteristics of phase D always require phases of accumulating the sold goods and ending the repurchase process, indicated by exhaustion buying sessions (LPS). The accumulation process in phase D can vary in speed depending on the amount of supply emerging in the market; if the supply is large, the absorption process takes longer, as in January 2024 when it took over 11 days for the absorption of the emerging supply in phase D until supply was exhausted on February 5, 2024, when BTC officially entered the price pushing phase. Therefore, we currently need to evaluate and seek...
$BTC has entered the final stage ready to accelerate???
Last night after the exhaustion point regarding volume (the spring test according to WICKOFF), BTC confirmed a successful spring phase and officially acknowledged that BTC has begun the phase of capital accumulation (phase D according to WICKOFF). The re-accumulation zone from October 16, 2024, to November 6, 2024, in my view, remains unchanged as it is the final supply and demand testing area (major BU phase) in the medium and long term for BTC to surpass its all-time high. With these two factors, we are very close to the uptrend cycle after 8 months of accumulation for BTC from March 2024 until now. Therefore, at this moment, we need to be extremely focused on the market to avoid missing a wave that could change our destiny.
In the short term, after BTC officially confirms entering phase D, there have been continuous supply forces emerging during the capital accumulation process. According to the law of supply and demand, when the supply emerges, a corresponding demand must enter to balance the supply before the price can move in a new trend. To balance this supply, the characteristics of phase D always require phases of accumulating the sold goods and ending the repurchase process, indicated by exhaustion buying sessions (LPS). The accumulation process in phase D can vary in speed depending on the amount of supply emerging in the market; if the supply is large, the absorption process takes longer, as in January 2024 when it took over 11 days for the absorption of the emerging supply in phase D until supply was exhausted on February 5, 2024, when BTC officially entered the price pushing phase. Therefore, we currently need to evaluate and seek...
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Is the market experiencing a volume depletion zone? Should we get discouraged and leave or stay to seek opportunities? As we have seen in previous phases, after the volume depletion zone, there will be significant volatility areas of BTC. However, during the period of volume depletion, many people trade BTC or other altcoins without any drastic changes in profit, possibly gaining 1-2% and then returning to 0, or losing 1-2% and then going back into the spiral, causing many to feel disheartened. Why, despite having learned the fundamental analysis techniques and applying them to the correct patterns, does the price not follow the knowledge we've just absorbed? This is not because our knowledge is wrong, but rather it is an issue where behind the large institutional money flows, there are always experts in psychology who can read our human psychological behaviors. We always have the mindset that when entering a trade, we want to be right and want to gain profits quickly in the market. Therefore, the experts from these institutions will go against the normal human psychology to eliminate us from the game by creating sideways liquidity zones that counter our desires. At that point, we become stubborn and cannot accept that our knowledge is wrong until the market continuously bull runs and then crashes to eliminate the knowledge we've just learned, making us question why it is right sometimes and wrong at other times, causing us to lose faith in our current methods. After that, we continue to search for other methods and then fall into the same traps that go against the institution's psychology. And...
Is the market experiencing a volume depletion zone? Should we get discouraged and leave or stay to seek opportunities?
As we have seen in previous phases, after the volume depletion zone, there will be significant volatility areas of BTC. However, during the period of volume depletion, many people trade BTC or other altcoins without any drastic changes in profit, possibly gaining 1-2% and then returning to 0, or losing 1-2% and then going back into the spiral, causing many to feel disheartened. Why, despite having learned the fundamental analysis techniques and applying them to the correct patterns, does the price not follow the knowledge we've just absorbed? This is not because our knowledge is wrong, but rather it is an issue where behind the large institutional money flows, there are always experts in psychology who can read our human psychological behaviors. We always have the mindset that when entering a trade, we want to be right and want to gain profits quickly in the market. Therefore, the experts from these institutions will go against the normal human psychology to eliminate us from the game by creating sideways liquidity zones that counter our desires. At that point, we become stubborn and cannot accept that our knowledge is wrong until the market continuously bull runs and then crashes to eliminate the knowledge we've just learned, making us question why it is right sometimes and wrong at other times, causing us to lose faith in our current methods. After that, we continue to search for other methods and then fall into the same traps that go against the institution's psychology. And...
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BTC is better off being completely discarded and starting over! BTC, after the area of exhaustion at volume 68.5k last night, has confirmed that supply continues to appear and has confirmed a failure in the price push during the current phase. However, looking at the chart from October 16 to November 5, we can see that BTC has returned to the accumulation zone and is in the boundary area confirming it is in the accumulation phase of a large BU phase. Therefore, the potential for BTC to rise still remains promising. When looking at the chart, BTC has failed in the price push when at the 73.1k area, there was no buying force to officially push the price of BTC in the medium and long term, proving that the organization has sensed the supply at this 73k area is extremely high, hence they are not in a hurry to push the price, leading to the reason the price has returned to the 67.1k area as it is currently. And with the supply from the 73.1k area, BTC today after areas of exhaustion in volume will have a phase that crushes all hopes of retail investors by pushing the price of BTC down to the 65k area, creating a Spring phase (phase C) according to WICKOFF and having a very strong rebound back to the 67k area. In the less likely case (10%), after the exhaustion area at volume 67.7k, if a sell-off occurs without a rebound, we confirm that the scenario of BTC returning to the 58k area is highly likely, at which point you can actively short and the specific entry point will be on my personal page. As for the current strategy, we rely on the characteristics of phase B according to WICKOFF, so after areas of exhaustion in volume, you can actively short altcoins to take advantage of a short-term spring of BTC! The specific entry point will be on my personal page.
BTC is better off being completely discarded and starting over!
BTC, after the area of exhaustion at volume 68.5k last night, has confirmed that supply continues to appear and has confirmed a failure in the price push during the current phase. However, looking at the chart from October 16 to November 5, we can see that BTC has returned to the accumulation zone and is in the boundary area confirming it is in the accumulation phase of a large BU phase. Therefore, the potential for BTC to rise still remains promising.
When looking at the chart, BTC has failed in the price push when at the 73.1k area, there was no buying force to officially push the price of BTC in the medium and long term, proving that the organization has sensed the supply at this 73k area is extremely high, hence they are not in a hurry to push the price, leading to the reason the price has returned to the 67.1k area as it is currently. And with the supply from the 73.1k area, BTC today after areas of exhaustion in volume will have a phase that crushes all hopes of retail investors by pushing the price of BTC down to the 65k area, creating a Spring phase (phase C) according to WICKOFF and having a very strong rebound back to the 67k area.
In the less likely case (10%), after the exhaustion area at volume 67.7k, if a sell-off occurs without a rebound, we confirm that the scenario of BTC returning to the 58k area is highly likely, at which point you can actively short and the specific entry point will be on my personal page.
As for the current strategy, we rely on the characteristics of phase B according to WICKOFF, so after areas of exhaustion in volume, you can actively short altcoins to take advantage of a short-term spring of BTC! The specific entry point will be on my personal page.
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After the rain, will the sky clear up tonight! Currently, we are seeing $BTC appearing in the area of volume exhaustion. If a similar confirmation area of $DOGE appears, we will be able to confirm the bottom formation phase of BTC after the drop at stage 3 in the price push phase. And confirming the area of 67.4k as the bottom area, then BTC will create a boundary area (phase A according to Wyckoff) and the price after the bull run tonight will return to the area of 67k-68k for continuous testing and create a cause for accumulation for BTC to enter an uptrend phase in the long term. On the other hand, if tonight BTC does not appear in the confirmation area of the bottom phase A after this volume exhaustion area but shows a sell-off area, we will have to wait a longer time for BTC to gather again. However, with the current macro situation, the US is in the final stages of the presidential election, and this weekend the likelihood that the FED will continue to cut interest rates is high, so scenario number 2 is unlikely to happen, thus scenario number 1 is more likely at this stage. Additionally, in terms of technical analysis, as BTC approaches the bottom areas, we see that the supply force is gradually decreasing, indicating that the selling force of institutions is running out, so scenario number 2 is also very unlikely to occur. However, that does not mean we should be complacent that BTC will confirm the bottom phase A tonight. And when BTC confirms phase A, we will have a specific strategy to trade in the upcoming stage on my personal page! Let's all be patient and wait!
After the rain, will the sky clear up tonight!
Currently, we are seeing $BTC appearing in the area of volume exhaustion. If a similar confirmation area of $DOGE appears, we will be able to confirm the bottom formation phase of BTC after the drop at stage 3 in the price push phase. And confirming the area of 67.4k as the bottom area, then BTC will create a boundary area (phase A according to Wyckoff) and the price after the bull run tonight will return to the area of 67k-68k for continuous testing and create a cause for accumulation for BTC to enter an uptrend phase in the long term.
On the other hand, if tonight BTC does not appear in the confirmation area of the bottom phase A after this volume exhaustion area but shows a sell-off area, we will have to wait a longer time for BTC to gather again.
However, with the current macro situation, the US is in the final stages of the presidential election, and this weekend the likelihood that the FED will continue to cut interest rates is high, so scenario number 2 is unlikely to happen, thus scenario number 1 is more likely at this stage.
Additionally, in terms of technical analysis, as BTC approaches the bottom areas, we see that the supply force is gradually decreasing, indicating that the selling force of institutions is running out, so scenario number 2 is also very unlikely to occur.
However, that does not mean we should be complacent that BTC will confirm the bottom phase A tonight. And when BTC confirms phase A, we will have a specific strategy to trade in the upcoming stage on my personal page!
Let's all be patient and wait!
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BTC's appearance of a short squeeze, could it continue to be a bull trap? Currently, when looking at the daily timeframe, we see a quite strong short squeeze occurring from the 67k range after continuous sell-offs over the past weekend. As mentioned in yesterday's article, BTC is currently in a sell-off phase in the third drop and has shown a recovery like the cycles of November 2023 or the recent phase in October 2024. However, this is just a recovery phase during the sell-off and has not created any accumulation reasons large enough to sustain a price increase for BTC like the cycle in November 2023. If there is truly a sustainable increase, we must see BTC confirming the bottom area of 67k in the short term, indicated by the price of BTC potentially bouncing back to the 70-71k range, then strongly dropping down to shake out individual investors; only then will the accumulation process to create a reason for BTC's price increase be formed. Currently, we should not FOMO but rather stay out and observe the areas of exhaustion in volume. If today, after the volume exhaustion at 69k, BTC confirms a strong move up to the 70-71k range, then there is a likelihood that there will be a strong drop back down to 67k or re-accumulate, as it cannot continuously rise from the 70-71k range straight up to the 72-73k range. Taking advantage of the fact that organizations have not yet begun to create accumulation reasons and all phases in the accumulation process for sustainable price increases, we can look to short when BTC has strong recovery moves up to the 70-71k range (or in the Wyckoff area, 70-71k is the AR zone). If you want specific selling points, you can visit my personal page for reference. As for the less likely scenario, I will update as soon as BTC sets up.
BTC's appearance of a short squeeze, could it continue to be a bull trap?
Currently, when looking at the daily timeframe, we see a quite strong short squeeze occurring from the 67k range after continuous sell-offs over the past weekend. As mentioned in yesterday's article, BTC is currently in a sell-off phase in the third drop and has shown a recovery like the cycles of November 2023 or the recent phase in October 2024. However, this is just a recovery phase during the sell-off and has not created any accumulation reasons large enough to sustain a price increase for BTC like the cycle in November 2023. If there is truly a sustainable increase, we must see BTC confirming the bottom area of 67k in the short term, indicated by the price of BTC potentially bouncing back to the 70-71k range, then strongly dropping down to shake out individual investors; only then will the accumulation process to create a reason for BTC's price increase be formed.
Currently, we should not FOMO but rather stay out and observe the areas of exhaustion in volume. If today, after the volume exhaustion at 69k, BTC confirms a strong move up to the 70-71k range, then there is a likelihood that there will be a strong drop back down to 67k or re-accumulate, as it cannot continuously rise from the 70-71k range straight up to the 72-73k range. Taking advantage of the fact that organizations have not yet begun to create accumulation reasons and all phases in the accumulation process for sustainable price increases, we can look to short when BTC has strong recovery moves up to the 70-71k range (or in the Wyckoff area, 70-71k is the AR zone). If you want specific selling points, you can visit my personal page for reference.
As for the less likely scenario, I will update as soon as BTC sets up.
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Because BTC has not really entered the next price push phase, the upcoming period will experience extremely strong fluctuations. Taking advantage of the characteristic that BTC does not have a clear trend in the upcoming phase, we can start waiting for BTC's bull movements to short altcoins according to the method on my personal page.
Because BTC has not really entered the next price push phase, the upcoming period will experience extremely strong fluctuations. Taking advantage of the characteristic that BTC does not have a clear trend in the upcoming phase, we can start waiting for BTC's bull movements to short altcoins according to the method on my personal page.
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$BTC After the rain, the sky is bright again, the third drop appears unexpectedly! This morning, BTC suddenly appeared the third drop after the volume exhaustion zone, unlike other Saturdays and Sundays, BTC usually continues to move sideways in the 69k zone. And like previous cycles such as the period 11-2023 or October 2024, after the third drop in the price pushing process of the organization (phase E), the organization will start to collect goods and shake investors 1-2 more times before officially entering the price pushing phase. And the common characteristic after the third drop is that there are always areas of volume exhaustion. This shows that the supply after the shaking process, investors are almost exhausted, and very few small investors hang on after the process. And we are currently at the 3rd drop with extremely low supply, showing that we are very close to the process of shaking investors next week. Our current strategy is to continue to stand outside and wait for the bull beat to reach the 70-72k zone of BTC, then 1-2 phases of shaking investors to exhaustion in volume, then we can consider buying in parts according to yesterday's analysis article. For now, we still have to observe whether at this 3rd drop, BTC will increase or not. If it falls to 4th beat, this process will take more time, like the 11-2023, 10-2024 cycles, about 1-2 days. If you trade altcoins during this period, you should stand outside and observe, or if you trade, you must trade extremely short-term because the next beats of BTC will continuously pull the price up and then push it down, creating phases that kill individual long and short future investors in the coming period.
$BTC After the rain, the sky is bright again, the third drop appears unexpectedly!
This morning, BTC suddenly appeared the third drop after the volume exhaustion zone, unlike other Saturdays and Sundays, BTC usually continues to move sideways in the 69k zone. And like previous cycles such as the period 11-2023 or October 2024, after the third drop in the price pushing process of the organization (phase E), the organization will start to collect goods and shake investors 1-2 more times before officially entering the price pushing phase. And the common characteristic after the third drop is that there are always areas of volume exhaustion. This shows that the supply after the shaking process, investors are almost exhausted, and very few small investors hang on after the process. And we are currently at the 3rd drop with extremely low supply, showing that we are very close to the process of shaking investors next week. Our current strategy is to continue to stand outside and wait for the bull beat to reach the 70-72k zone of BTC, then 1-2 phases of shaking investors to exhaustion in volume, then we can consider buying in parts according to yesterday's analysis article. For now, we still have to observe whether at this 3rd drop, BTC will increase or not. If it falls to 4th beat, this process will take more time, like the 11-2023, 10-2024 cycles, about 1-2 days. If you trade altcoins during this period, you should stand outside and observe, or if you trade, you must trade extremely short-term because the next beats of BTC will continuously pull the price up and then push it down, creating phases that kill individual long and short future investors in the coming period.
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From the chart in November 2023 and October 2024, we can see that after the exhaustion areas in volume during the last phase of the drop, we can observe that when the supply no longer floods out, the organization starts to invest a small amount to see if the price rises gently or if there are strong profit-taking demands. After that, if the price rises gently, the organization will be extremely meticulous and continue to invest a larger amount, indicated by gradually increasing volume, to test at higher price levels until the price goes higher but there is still no profit-taking force; the organization will decisively push up with a strong breakout candle with explosive volume to limit the FOMO purchasing during that time. At that point, we can confirm that BTC officially continues into the price push phase (after the last drop phase - spring, at the exhaustion area with gradually increasing volume combined with gradually increasing price without large supply flooding out). And based on the behavior of the organization, you can start to place bets in parts at the organization's first running points after the exhaustion area in volume as analyzed above! (I will notify you when this behavior is approaching!)
From the chart in November 2023 and October 2024, we can see that after the exhaustion areas in volume during the last phase of the drop, we can observe that when the supply no longer floods out, the organization starts to invest a small amount to see if the price rises gently or if there are strong profit-taking demands. After that, if the price rises gently, the organization will be extremely meticulous and continue to invest a larger amount, indicated by gradually increasing volume, to test at higher price levels until the price goes higher but there is still no profit-taking force; the organization will decisively push up with a strong breakout candle with explosive volume to limit the FOMO purchasing during that time.
At that point, we can confirm that BTC officially continues into the price push phase (after the last drop phase - spring, at the exhaustion area with gradually increasing volume combined with gradually increasing price without large supply flooding out).
And based on the behavior of the organization, you can start to place bets in parts at the organization's first running points after the exhaustion area in volume as analyzed above! (I will notify you when this behavior is approaching!)
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$BTC the harvest corresponds to the sowing! According to the law of cause and effect, a strong price push always originates from a tight accumulation process. The more a trading product has market supply and demand, the tighter the accumulation process must be to ensure the law of supply and demand in the market. When supply exceeds demand, it causes prices to fall, and when demand exceeds supply, it causes prices to rise. And in the past week, after the upward movement of BTC reached an all-time high of 73.6k, the supply started to surge significantly, exceeding the buying demand, causing the current BTC price to return to the 69.5k mark. For BTC's price to continue rising sustainably, we need to see demand significantly outstrip supply. To achieve this, organizations have two options: 1 is to engage in a behavior of re-accumulation to gather stocks, causing the supply in the market to gradually dwindle, shown by the volume decreasing after each surge of supply to the point of exhaustion. ( This will take time but save costs without needing to invest a large amount of money) 2. Is to inject a huge amount of money to absorb all the large supply forces from organizations ( this will be extremely costly but save time). If you have an extremely large amount of money, would your organization choose scenario number 2 to push prices up or wait for prices to drop lower and shake out investors? Therefore, in my opinion, after the areas where volume is exhausted today and tomorrow, we will follow scenario number 1 where the organization will proceed with re-accumulation to gather stocks and then there will be shaking movements to wipe out new investors before pushing BTC up. This is reflected in the chart....
$BTC the harvest corresponds to the sowing!
According to the law of cause and effect, a strong price push always originates from a tight accumulation process. The more a trading product has market supply and demand, the tighter the accumulation process must be to ensure the law of supply and demand in the market. When supply exceeds demand, it causes prices to fall, and when demand exceeds supply, it causes prices to rise. And in the past week, after the upward movement of BTC reached an all-time high of 73.6k, the supply started to surge significantly, exceeding the buying demand, causing the current BTC price to return to the 69.5k mark. For BTC's price to continue rising sustainably, we need to see demand significantly outstrip supply. To achieve this, organizations have two options:
1 is to engage in a behavior of re-accumulation to gather stocks, causing the supply in the market to gradually dwindle, shown by the volume decreasing after each surge of supply to the point of exhaustion. ( This will take time but save costs without needing to invest a large amount of money)
2. Is to inject a huge amount of money to absorb all the large supply forces from organizations ( this will be extremely costly but save time).
If you have an extremely large amount of money, would your organization choose scenario number 2 to push prices up or wait for prices to drop lower and shake out investors?
Therefore, in my opinion, after the areas where volume is exhausted today and tomorrow, we will follow scenario number 1 where the organization will proceed with re-accumulation to gather stocks and then there will be shaking movements to wipe out new investors before pushing BTC up. This is reflected in the chart....
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