Bear_Bull_Market

Litecoin Pre Halving Litecoin Levels/Incline pre halving cheat sheet Vertical Levels - Monthly Opens Horizontal Levels - 1:1's and OB's Incline is the range we're in.

Keeping it simple, Fibs + Range - ATH was just a deviation, Cycle Low was just a deviation. Easily tracked levels.

Now we're retracing back into the large macro move down, it's worthy to know your levels - as Bitcoin rallies off it's bear market bottom can be quite savage. Linear Scale Fibs Log Scale Fibs Annual Pivots

Multi Year Range. Halvings. 0.618's being respected everywhere. With the turmoil in TradFi right now, we're either getting great entries in this sweet spot, or everything is going to capitulate.

Phase A The selling force decreases, and the downtrend starts to slow down. This phase is usually marked by an increase in trading volume . The Preliminary Support (PS) indicates that some buyers are showing up, but still not enough to stop the downward move. The Selling Climax ( SC ) is formed by an intense selling activity as investors capitulate. This is often a point of high volatility , where panic selling creates big candlesticks and wicks. The strong drop quickly reverts into a bounce or Automatic Rally (AR), as the excessive supply is absorbed by the buyers. In general, the trading range (TR) of an Accumulation Schematic is defined by the space between the SC low and the AR high. As the name suggests, the Secondary Test (ST) happens when the market drops near the SC region, testing whether the downtrend is really over or not. At this point, the trading volume and market volatility tend to be lower. While the ST often forms a higher low in relation to the SC , that may not always be the case. Phase B Based on Wyckoff’s Law of Cause and Effect, Phase B may be seen as the Cause that leads to an Effect. Essentially, Phase B is the consolidation stage, in which the Composite Man accumulates the highest number of assets. During this stage, the market tends to test both resistance and support levels of the trading range. There may be numerous Secondary Tests (ST) during Phase B. In some cases, they may produce higher highs (bull traps) and lower lows (bear traps) in relation to the SC and AR of the Phase A. Phase C A typical Accumulation Phase C contains what is called a Spring . It often acts as the last bear trap before the market starts making higher lows. During Phase C, the Composite Man ensures that there is little supply left in the market, i.e., the ones that were to sell already did. The Spring often breaks the support levels to stop out traders and mislead investors. We may describe it as a final attempt to buy shares at a lower price before the uptrend starts. The bear trap induces retail investors to give up their holdings. In some cases, however, the support levels manage to hold, and the Spring simply does not occur. In other words, there may be Accumulation Schematics that present all other elements but not the Spring . Still, the overall scheme continues to be valid. Phase D The Phase D represents the transition between the Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E). Typically, the Phase D shows a significant increase in trading volume and volatility . It usually has a Last Point Support ( LPS ), making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS), as previous resistances become brand new supports. Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E. Phase E The Phase E is the last stage of an Accumulation Schematic. It is marked by an evident breakout of the trading range, caused by increased market demand. This is when the trading range is effectively broken, and the uptrend starts. Wyckoff’s five-step approach Wyckoff also developed a five-step approach to the market, which was based on his many principles and techniques. In short, this approach may be seen as a way to put his teaching into practice. Step 1: Determine the trend. What is the current trend and where it is likely to go? How is the relation between supply and demand? Step 2: Determine the asset’s strength. How strong is the asset in relation to the market? Are they moving in a similar or opposite fashion? Step 3: Look for assets with sufficient Cause. Are there enough reasons to enter a position? Is the Cause strong enough that makes the potential rewards (Effect) worth the risks? Step 4: Determine how likely is the move. Is the asset ready to move? What is its position within the bigger trend? What do the price and volume suggest? This step often involves the use of Wyckoff’s Buying and Selling Tests. Step 5: Time your entry. The last step is all about timing. It usually involves analyzing a stock in comparison to the general market. For example, a trader can compare the price action of a stock in relation to the S&P 500 index . Depending on their position within their individual Wyckoff Schematic, such an analysis may provide insights into the next movements of the asset. Eventually, this facilitates the establishment of a good entry. Notably, this method works better with assets that move together with the general market or index. In cryptocurrency markets, though, this correlation isn’t always present.

Litecoins halvings creating nice rallies during the bear market in between Bitcoins halvings. This is a chart showing majority of the divergence / hidden divergence on the timeframe selected. The halving is due in August 2023. if there is a throw back after the current hidden bear div is locked in, the sweet spot is marked. be sure to have a profit taking system that's methodical.

It's quite interesting that the bottom was a 1:1 of the initial large impulse down from the ATH. So each section of that can now be put into range/s. Will be interesting to see price react over the next 12-24months within this range

Bitcoin - fractals - ranges - curious. One would assume the bottom is in - or very close, and we'll rally to the range quarter / annual open. reject in glorious fashion (think April > June 2019 Bear Market rally)

Circulating Supply: 71,089,056.28 LTC Total Supply: 84,000,000 Website: https://litecoin.org/ CoinMarketCap: https://coinmarketcap.com/currencies/lit... Founder: https://twitter.com/SatoshiLite Social Link #1: https://twitter.com/LTCFoundation Social Link #2: https://twitter.com/litecoin Random Facts: Litecoin is a fork of Bitcoin . With '4x' times more supply. Litecoin has a feature that allows share mining with Doge. Dash is a fork of Litecoin. Halving dates for Litecoin: Aug. 25, 2015: 50 to 25. Aug. 5, 2019: 25 to 12.5. Aug. 23 (guesstimate), 2023: 12.5 to 6.25. Notes: Litecoin paired against Bitcoin is in a trading range, and is attempting to reclaim the range currently. The deviations were the same duration, and volume signatures. The time of the H&S distributive pattern was the same duration as the start of the BDW accumulation pattern, before the deviation begun. This is DOGE 2.0.

Circulating Supply: 71,089,056.28 LTC Total Supply: 84,000,000 Website: https://litecoin.org/ CoinMarketCap: https://coinmarketcap.com/currencies/lit... Founder: https://twitter.com/SatoshiLite Social Link #1: https://twitter.com/LTCFoundation Social Link #2: https://twitter.com/litecoin Random Facts: Litecoin is a fork of Bitcoin . With '4x' times more supply. Litecoin has a feature that allows share mining with Doge. Dash is a fork of Litecoin. Halving dates for Litecoin: Aug. 25, 2015: 50 to 25. Aug. 5, 2019: 25 to 12.5. Aug. 23 (guesstimate), 2023: 12.5 to 6.25. Notes: Litecoin paired against Bitcoin is in a trading range, and is attempting to reclaim the range currently. The deviations were the same duration, and volume signatures. The time of the H&S distributive pattern was the same duration as the start of the BDW accumulation pattern, before the deviation begun. This is DOGE 2.0.