Wyckoff Method
Analytical framework untuk identify accumulation dan distribution phase oleh institutional money.
Penjelasan
Sobat Kripto, Wyckoff Method dikembangkan Richard Wyckoff awal 1900-an. Framework untuk identify saat 'composite operator' (institutional, smart money) accumulate sebelum markup, atau distribute sebelum markdown. Four phases: Accumulation, Markup, Distribution, Markdown. Powerful untuk understand market psychology dan smart money behavior.
Four Phases
Accumulation: composite operator buy quietly dari weak hand. Price ranges di support level. Markup: trend up after accumulation complete. Retail FOMO in. Distribution: composite operator sell to retail at top. Price ranges di resistance. Markdown: trend down setelah distribution complete. Retail panic sell.
Wyckoff Events
Accumulation phase events: Selling Climax (SC), Automatic Rally (AR), Secondary Test (ST), Spring (false breakdown). Sign of Strength (SOS) at end of accumulation, before markup. Distribution events mirror dengan Buying Climax, Upthrust, Last Point of Supply, dll. Identify event = predict next phase.
Untuk Sobat Kripto
Wyckoff cocok untuk Bitcoin di higher timeframe (daily, weekly). Bear market bottom sering exhibit Wyckoff accumulation: capitulation, range, spring, mark up. Bull market top: distribution, upthrust, mark down. Untuk Sobat Kripto serious technical analyst: study Wyckoff books (Adam Grimes, 'The Art and Science of Technical Analysis'). Pattern recognition need practice.