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Crypto Market Manipulation! Wyckoff & WHALES!!🐋

May 27, 2021[display-multimedia-duration] 3902
📲 Insider Info in my Socials 👉 🛒 Kucoin Fee Discount Up To 60% 👉 👕 “Buy The Dip” Shirt 👉 🔥 TOP Crypto TIPS In My Newsletter 👉 ~~~~~ 📺Essential Videos📺 Uncomplication Find Wyckoff Pattern In Bitcoin Price 👉 Cryptocurrency Technical Analysis Tutorial Part 1 👉 How To Buy The Dip 👉 How To Spot The Top 👉 Last Week’s Crypto News Update 👉 ~~~~~ – TIMESTAMPS – 0:00 Intro 2:10 Technical Analysis Basics 7:12 The Wyckoff Method 10:20 Wyckoff Accumulation Price Pattern 13:03 Wyckoff Distribution Price Pattern 16:06 Wyckoff Detected In Bitcoin’s Price 18:00 What Happens Next? 20:17 Conclusion ~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Honma Munehisa History: ► Wyckoff Method Explained (Technical): ► Wyckoff Method Explained (Simple): ► Wyckoff Reaccumulation Explained: ► Wyckoff Redistribution Explained: ~~~~~ 📊Technical Analysis Basics📊 The candlestick price charts we see today were invented by a Japanese rice merchant named Honma Munehisa almost 300 years ago. Back in Homna’s day, these candlesticks were drawn out by hand, and over time he noticed the same price patterns would pop up over and over. The price patterns he identified back then continue to be seen today, and this is because they fundamentally reflect patterns of human emotion, namely fear and greed. 👴The Wyckoff Method👴 When every trader is relying on the same patterns and indicator it makes it very profitable for someone to come in and disrupt the market by pushing the price above or below where people expect it to go. This is what Richard Wyckoff noticed over 100 years ago while working on Wall Street alongside financial titans like JP Morgan and Charles Dow. Like Honma Munehisa, Wyckoff saw that this institutional composite man would create the same four price patterns with his buying and selling behavior 📈Wykoff Accumulation Price Pattern📈 As the name suggests, the whole purpose of the accumulation phase is for institutions to buy as much of the asset within a price zone where the average investors and trader is paralyzed with fear. 📉Wyckoff Distribution Price Pattern📉 As the name again suggests, the distribution pattern is meant to make it possible for institutions to sell large amounts of crypto while keeping retail interest high through occasional price manipulation 🔎Wyckoff Patterns In Bitcoin’s Price🔎 As you might have guessed, the recent drop we saw with Bitcoin seems to be characteristic of Wyckoff’s distribution price pattern printed by institutions Another crypto YouTuber called uncomplication noticed this distribution pattern almost a month before the crash. To quote uncomplication, the primary goal of the distribution pattern is to exhaust demand 🕵️‍♂‍What Happens Next According To Wyckoff?🕵️‍♂‍ Unfortunately, there is no way of knowing for sure how long this accumulation phase will last, but if the previous bull market is anything to go by, we should be back on track in the next couple of weeks As I mentioned in this week’s crypto news update, you could potentially use Bitcoin dominance as a de facto measure of market greed If Bitcoin dominance is low like it is now, that means people are still greedy enough to be holding lots of altcoins This is a problem because it could send a signal to institutions that there’s more retail money left to be drained from the crypto market ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Bitcoin #Crypto #Wyckoff #whales #trading #technical

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