Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Wyckoff Chemologia: Method of Technical Analysis for Cryptocurrency Traders
The Wyckoff method is a classic approach to technical analysis that is gaining more and more followers in the cryptocurrency market. Wyckoff chemistry, as experienced traders call it, involves understanding market psychology and the phases of accumulation and distribution.
The key to success? Observing volume and turning points in price. Wyckoff divided the market into four phases:
1. Accumulation - when institutional whales gather positions
2. Uptrend - a phase of dynamic upward movement
3. Distribution - professionals reducing their holdings
4. Downtrend - natural market correction
In the world of Bitcoin, Ether, and altcoins, this methodology shows where the true potential lies. Understanding these cycles is the difference between profit and loss. Even when prices move chaotically, Wyckoff Chemistry reveals the real game of the big players in the market.