Wyckoff Distribution

2021年11月12日

In my opinion this would fit to the volume profile and to the market sentiment as well to the time. This does not offer me an entry.. but it may can protect people from losing money ;)

2021年11月16日

註釋

Idea still fully intact. I still want lower atm as I feel that we dont have taken enough liquidity for new ATH. When we then approach ATH we want to see less buying against the BC followed by strong rejection. This leaves a footprint of the composite operator selling their holdings. Target is somewhere 72K - 75K. Volume etc. very important, please dont blindly short this.
On the other side we could have made the high already and we go up for a backtest. These two scenarios are offered by wyckoff distribution.

2021年11月17日

註釋

I do not see any form of real demand atm. which could push price higher. It can be that for the moment the high is in and we correct to lower prices such as 56K or to the 40ks...
If we get some demand now but no new serious volume and we rise in price this would confirm more a short then a long. Be careful here and protect what you have. Dont be ultra greedy and also not ultra fearful. Manage your risk and you will be ok.

2021年11月19日

註釋

Well, it happened faster than expected. I would now relabel it. But the overall idea was correct. As we have taken the highs on low volume you can see the result. You want to be aware of these situation to consider this for your next trade. I hope you all made profit on way down and you did not lost that much of your capital.