3 Wycoff Accumulation Scenarios

2021년 5월 26일

Well, if you are not aware of how we got played by insitutional players and whales by now, this is for you.

Currently we are in wycoff distribution phase E as the top formation. I know we are going to 100k, but not with a straight line and probably not this year. Since we are in Phase E of wycoff distribution, we will need to go down and complete it, following a markdown and accumulation as indicated by the wycoff price cycle in my screenshots below.

So, after distribution at the top comes the markdown and then the accumulation at bottom. I have drawn 3 scenarios for this bottom accumulation phase. According to this analysis, here are my bottom targets:

Best case: 19k
There will be no markdown and accumulation starts right away, down to 19k. I find this unlikely because accumulation and distribution will overlap, without any mark down. Whales will need more.

snipboard.io/2BeEnZ.jpg

Moderate Case: 13-14k
Still no markdown, but also no overlap. Accumulation starts at 20k and price will go futher down to 13-14k range. I bet whales want more.

snipboard.io/LnUOIg.jpg

Worst Case: 10k
Current top distribution completes at 20k. After a 1-2 week mark down, accumulation begins at 16k, going futher down as low as 10k. I find this to be desirable by the composite man (whales) as they would have screwed every single bitcoiner in the market but themselves. Yeah, they will want this.

snipboard.io/Xo7rq8.jpg

Stop playing the victim and start acting like the "composite man" meaning the whales.

Read more here:
school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method

In case you havent watched the uncomplication, who pointed wycoff back in April:

• Original video in April youtube.com/watch?v=Lhf_2gJJS1I
• Update youtube.com/watch?v=DJOzWfsMzJ4

Be safe.

2021년 5월 28일

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Checkout my updated analysis here

2021년 6월 21일

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