MACRO WYCKOFF/ HALVENING OBSERVATION
I just wanna share some of the things I worked on it's still incomplete, and still adding some of my analysis I used Wyckoff theory, pattern recognition(This cannot predict the future but it can help us define what can are the possible moves that btc will do)
Observation :
-Every 1st month of the day of 365 days before halvening, btc tends to show sos sign of strength.. then it starts showing SOW (SIGNS OF WEAKENESS) OR spring /st
("Springs or Shakeouts usually occur late within the trading range and allow the market and its dominant players to make a definitive test of available supply before a markup campaign will unfold. If the amount of supply that surfaces on a break of support is very light (low volume ), it will be an indication that the way is clear for asustained advance. Heavy supply here will usually mean a renewed decline. Moderate volume here may mean more testing of support and to proceed with caution. The spring or shakeout also serves the purpose of providing dominant interests with additional supply from weak holders at low prices.")similar to smc obj
-Another thing is that every havening, the bull run tends to cut the percentage to half each halvening using measurement from bottom to top of the uptrend bull(2000++% 1st havening)2nd reaccumulation (1000++%) (500++%) 2nd halvening) (250++% 3rd halvening) if by any chance it will half again I'm expecting a 125%++ percentage which will hit to 150Kvalue.
-Are we still going to have a spring? then we reaccumulate like what happened to the 3rd halvening? or other schematics of accumulation trading range phases?
- Every distribution schematic it always level out before the break out (before PSY "Preliminary Supply"(distribution side) or the end (retest of PHASE E) of accumulation side)
-Spring/ stb level always has the same level of a previous spread out before the phase of preliminary support
-Like the 2nd or 3rd halvening or re accumulkation if it doesn't hit the top or the UTAD level of distribution it tends to create re accumulation.
Thank you.
DYOR
1st halvening -
2nd halvening -
3rd halvening -
1hr distribution -
Observation :
-Every 1st month of the day of 365 days before halvening, btc tends to show sos sign of strength.. then it starts showing SOW (SIGNS OF WEAKENESS) OR spring /st
("Springs or Shakeouts usually occur late within the trading range and allow the market and its dominant players to make a definitive test of available supply before a markup campaign will unfold. If the amount of supply that surfaces on a break of support is very light (low volume ), it will be an indication that the way is clear for asustained advance. Heavy supply here will usually mean a renewed decline. Moderate volume here may mean more testing of support and to proceed with caution. The spring or shakeout also serves the purpose of providing dominant interests with additional supply from weak holders at low prices.")similar to smc obj
-Another thing is that every havening, the bull run tends to cut the percentage to half each halvening using measurement from bottom to top of the uptrend bull(2000++% 1st havening)2nd reaccumulation (1000++%) (500++%) 2nd halvening) (250++% 3rd halvening) if by any chance it will half again I'm expecting a 125%++ percentage which will hit to 150Kvalue.
-Are we still going to have a spring? then we reaccumulate like what happened to the 3rd halvening? or other schematics of accumulation trading range phases?
- Every distribution schematic it always level out before the break out (before PSY "Preliminary Supply"(distribution side) or the end (retest of PHASE E) of accumulation side)
-Spring/ stb level always has the same level of a previous spread out before the phase of preliminary support
-Like the 2nd or 3rd halvening or re accumulkation if it doesn't hit the top or the UTAD level of distribution it tends to create re accumulation.
Thank you.
DYOR
1st halvening -
2nd halvening -
3rd halvening -
1hr distribution -
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