BTC - Wyckoff Reaccumulation Cycle stages

4 Jul

**The Wyckoff Reaccumulation Cycle Within an Uptrend: A Comprehensive Guide**

The Wyckoff Method is a technical analysis framework developed by Richard D. Wyckoff in the early 20th century. This approach helps traders and investors identify market patterns and trends, providing valuable insights for buying and selling decisions. One essential component of the Wyckoff Method is the reaccumulation cycle, which occurs within an uptrend. In this article, we'll explore the stages of the Wyckoff reaccumulation cycle within an uptrend, providing a comprehensive guide for traders and investors.

Preliminary Support
The reaccumulation cycle within an uptrend begins with preliminary support. This phase marks the consolidation of the uptrend, as prices bounce off a support level. Preliminary support indicates that buying interest is present and that the market is stabilizing. During this phase, traders and investors should look for signs of accumulation, such as increasing demand and decreasing supply.

Buying Climax
After preliminary support, the buying climax phase occurs. This phase is characterized by a sharp increase in prices, often accompanied by high trading volume. The buying climax is a sign of strong buying demand and marks the beginning of the reaccumulation cycle within the uptrend.

Automatic Rally
Following the buying climax, the automatic rally phase begins. Prices continue to rise, but at a slower pace than the initial uptrend. This automatic rally is a natural response to the buying pressure and provides an opportunity for traders and investors to buy or add to their positions at lower prices.

Secondary Test
In the secondary test phase, prices reach the high but then experience a minor decline. This decline tests the preliminary support level, providing an opportunity for traders and investors to assess the market's strength and identify potential buying opportunities.

Sign of Weakness
After the secondary test, the sign of weakness phase occurs. Prices decline further, indicating that selling pressure is increasing. This sign of weakness can be a warning that the uptrend is losing momentum, and traders and investors should be cautious.

Up Thrust
Following the sign of weakness, the up thrust phase begins. Prices experience another sharp increase, often accompanied by high trading volume. This up thrust is a bullish signal, indicating that buying demand is strong and that the market is regaining its upward momentum.

Up Thrust After Distribution
In the up thrust after distribution phase, prices continue to rise but then experience a minor decline, testing the preliminary support level again. This up thrust after distribution is a sign of strength and potential for further advance.

Test
After the up thrust after distribution, the test phase occurs. Prices decline further, testing the preliminary support level once more. This test is a normal part of the reaccumulation cycle and provides an opportunity for traders and investors to assess the market's strength.

Spring
Following the test, the spring phase begins. Prices experience a sharp increase, often accompanied by high trading volume. This spring is a bullish signal, indicating that buying demand is strong and that the uptrend is regaining its momentum.

Test Again
In the test again phase, prices decline again, testing the preliminary support level for the third time. This test again is a normal part of the reaccumulation cycle and provides a final opportunity for traders and investors to assess the market's strength.

Jump Across Creek
After the test again phase, the jump across creek phase occurs. Prices experience a sharp increase, breaking through the previous high and confirming the new primary advance. This jump across creek signals the end of the reaccumulation cycle and the beginning of a new phase in the uptrend.

Last Point of Support
The last point of support phase marks the final support level before the new primary advance. Prices may test this level one more time before moving higher, providing a final opportunity for traders and investors to buy or add to their positions.

Conclusion
The Wyckoff reaccumulation cycle within an uptrend is a natural part of the market's evolution. Understanding these stages can help traders and investors identify potential buying and selling opportunities, manage risk more effectively, and make informed trading and investment decisions. As always, it's essential to use this information in conjunction with other indicators and market analysis to achieve success.

23 Jul

Nota

Back at the POC... Will work itself out and move....

25 Jul

Nota

The POC (point of control) is seeing a selloff, MtGOX coins redistributed to holders. Its understandable that some of these coins are beings old off due to being in major profit. Taking this as Bullish due to the market anticipating all these coins to be sold and USDT distributed to Holders.

So where are we at?? We are at the LPS - Last point of support - signified by this Orderblock.

14 Okt

Dagangan ditutup: sasaran tercapai

Target was reached in previous post.