$DNA Possible Accumulation. Fib levels very reactive.A pretty compelling argument for a classic Wyckoff Accumulation pattern. We know some people like Woods are investing heavily into this market, so it's not a long shot to assume there are others. Whether we see a spring or LPS our way up to SOS is TBD, we could shoot in either direction as it stands. PTs are at $7-$15 according to analysts. This seems to line up with extensions. OBV shows each consecutive low on the PA is higher on the OBV. This is a great indication of an increase of strong hands ownership. Overall, I think I am mostly bullish at the current level. Should we happen to dip lower for a spring, I will significantly add to my position.
Accumulation
AAPL insider trading and net cash flow from positive to -70Mil AAPL with all of it's great achievments has what seems started to run out of steam.... With insider trading recently and net cash flow going from a surplus in 2019 to trending negative since and at -$70 mil currently.... I see signs of weakness. Looking at the chat there are clear signs of manipulation and gapping up over solid resistance areas to get to where it is today. This recent pull back for re-accumulation looks like a failed re-accumulation mid run. This is apple so I am not sure how much of a fight this will put up. However, I feel confident this will drop to at least close the gaps. 8 Days should be enough for the $161 traget. 36days should be safe for a Price target of $152. Which seems ambitious when looking at it from the top but its been on a straight 45 degree angle since Mid March. However, this is the same stock that took from Jan 2021 to Mar 2023 to finally make support out of the $140s. If this pulled back to $152 it would be completly conservative compared to those 2 years.
This $152 area is the last place there was synergy between volume and price. Which means this is the last place buyers and sellers saw eye to eye for a period longer than a few hours.
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This isn't financial advice and I wouldn't suggest blindly following my trades, if you see the price going against save your profits and or money and look for another entry.
by iCantw84it
04.06.23
$NVDA AccumulationOne of the industries I'm looking to accumulate heavily in the bear market is AI and Tech. Nvidia is a leader of it's field and will be one of the main companies that rises from the ashes better and stronger. Nvidia went on a crazy run 6 years going from around 7USD to 300.
It's now down 50% from its ATH and like most stocks, I expect them to keep bleeding through 2023 and 2024. I'm a buyer below 100USD laddering down to 40USD-50USD.
I expect this stock to perform very well over the next decade.
Bitcoin Wycoff Accumulation Phase D into EFor fun i was just re reading up on Wycoffs Methods and decide to put it on the chart to see how it holds up (to the well known photo)
which it really doesnt have to look anything like the photo just so long as those steps or should i say Causes and Effects or Efforts and Results happen, it can better help you know whats happening. and not all of them have to be met, but dont let me bore you. i just wanted this archived to see how it plays out in the future. also, it lines up pretty dang perfect if you ask me. now do i think it rips through phase E to 36k-38,200 give or take? sure. and beyond? welp, it still could reject there an enter back into the "accumulation zone". esp if my thoughts on recession (light one) comes about. anyway no price targets really just archiving this to see it in the future. cheers
Judging Markets at a Glance - ETH/USD Case StudyNow is a time to be very careful trading, even though price has seemed strong and doing well, if we take a closer look at a few points on the ETH/USD chart, we can vastly improve our trading outcomes.
I don't expect we're going to start a bull run soon, there seems to be some accumulation that needs to happen still. I'll explain through this post on why I believe this.
First, look how much ETH loves the $1550-$1850 liquidity zone. Even though it's broken below it multiple times, it's pretty much always returned here. This is a good indicator that this is our main accumulation zone for this cycle. Investors feel comfortable in this range. If it drops below, panic ensues, and the one time it moved above since June 2022 it was likely an intentional liquidation move.
Secondly, we can get a very good idea of when price is going to break up or down by using two indicators: RSI and Engulfing Candles.
I have highlighted some examples of these events with the vertical lines and arrows to indicate the RSI at the time of the engulfing candle. The rules are pretty simple:
- If you get a BULLISH engulfing candle AND the RSI > 50, that's a good indicator to go long. See the green arrows and lines for these.
- If you get a BEARISH engulfing candle AND the RSI < 50, that's a good indicator to go short. See the red arrows and lines for these.
However, if you get an engulfing candle but the RSI is on the other side of 50, that's not a strong enough signal to enter a trade. Price will either move sideways or opposite how it appears that price action is moving. See the yellow arrows and lines for these. It's best to avoid opening trades during these events.
Now, it appears that we're seeing some bullish price action happening, but we also have some gnarly RSI divergence, paired with the fact that the RSI is just barely pushing above 50 on the sequential engulfing candles. It's my opinion based on these two conditions we're currently seeing that we will see a brief increase in price, for ETH this should be to about $2000-ish. After which a quick sell-off will drop the price to the bottom and likely below the current long-term liquidity zone for a major accumulation event that will likely be the catalyst for the next bull run.
I would expect this large accumulation to take place in April, and although this is where most whales will pick up their bags which they will eventually sell at the height of the next bull run, I wouldn't expect the bull run to happen immediately. After accumulation, there's a good chance we'll trade sideways somewhere around the current levels for most blue chip currencies.
This might not be financial advice, but hopefully you have a good and simple framework for which to quickly analyze the state of a market using just price action and RSI!
Cheers,
_heyJonBray
USDJPY accumulation in a trading rangeWe may have seen a low volume spring on the USDJPY today too.
If you had the capital and the tolerance for holding risk over the weekend, this may be the trade for you.
However, if this is an accumulation phase, this is the start of a new bull leg higher. So buying pullbacks will be the way to get in on the action next week.
Patience is a virtue and initializing a trade this late on a Friday is never a way to have a peaceful weekend. Better to come in next week and identify a rising trend.
Uncovering Wyckoff Accumulation Secret PatternWyckoff Accumulation & Distribution is a trading strategy that was developed by Richard Wyckoff in the early 1900s. It is based on the premise that markets move in cycles and that traders may recognize and use these cycles.
In accumulation phase Wyckoff strategy involves identifying a Trading Range where buyers are accumulating shares of a stock before it moves higher. This allows traders to enter into positions at lower prices and benefit from the eventual price increase. Wyckoff Accumulation is an effective way for traders and investors to gain on market movements and make profits from their trades.
The Wyckoff Trading Ranges feature a chart pattern called Descending Wedge. This pattern involves two trendlines, one falling and one rising, which converge to form a wedge shape.
This pattern indicates that the price of an asset is likely to break out in the direction of the falling trendline.
In my understanding, "Continuous Weakness" means a shift away from selling towards buying. Sellers fail to hold the pressure, so buyers take the lead leading in D,E: MARKUP phases.
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Artem Shevelev
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One of the biggest accumulation phases in crypto historySecond test after the Spring phase done. This will get way higher than 50$. But yes, it will take time. Expect some violent moves. And I would not sell on the way up, this will go sideways at most during the re-accumulation ranges and people will FOMO hard after the 8$ resistance is broken.
📊 Four Market PhasesThe four market phases in trading are characterized by different levels of buying and selling activity, trading volumes, news and sentiment, and price trends. By understanding these phases, traders and investors can better anticipate market movements and position themselves to take advantage of opportunities as they arise.
🔹 Accumulation
In this phase, the market is characterized by low trading volumes and a lack of clear price trend. Buyers and sellers are more or less balanced, and prices tend to remain within a certain range. This phase is often seen as a period of accumulation by smart money investors who are slowly building up positions before the market begins to trend.
🔹 Uptrend
In this phase, the market experiences a sustained rise in prices, driven by increasing demand from buyers. This is typically accompanied by higher trading volumes and positive news and sentiment. Traders may look to buy into dips during this phase, in order to take advantage of the overall trend.
🔹 Distribution
In this phase, the market begins to show signs of weakness, with prices starting to trend sideways or even decline. This is typically accompanied by lower trading volumes and negative news and sentiment. Smart money investors may begin to sell into strength during this phase, as they look to lock in profits before the market turns lower.
🔹 Downtrend
In this phase, the market experiences a sustained decline in prices, driven by increasing supply from sellers. This is typically accompanied by lower trading volumes and negative news and sentiment. Traders may look to sell into rallies during this phase, in order to take advantage of the overall trend.
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Wyckoff accumulation SUSHIUSDThis is an idea about SUSHI, like other coins I have shown in my profile, would be in an accumulation phase. Here I show the schematics 1 and 2, depending on having a spring or not. The extension in time can be variable, as seen by the far away down trend in blue, so the drawn possibilities are just that, with regard to time.
BTC: Good times ahead?Bears have had it their way with the Bitcoin for well over a year now, as a result, the most popular crypto was brought down from sky-high prices to nearly under-ground levels in a matter of weeks. And it's probably gonna take months for this thing to completely recover and reach a new all-time high, if ever. But regardless of what happens in the distant future, current price-levels seem to be offering a great opportunity for those looking to accumulate Bitcoins in 2023.
Here's a brief:
- The price for the first time in months has found some respectable resistance(support in this case), and is gradually moving into a nice accumulation phase. This is where we can expect serious buyers to start creeping in to almost secretly take hefty positions at certain levels, neutralising the selling pressure and curb the trend over a period of time.
- Accumulation can obviously go on for an extended period of time, given the strength of the down-trend and the kind of volume required to turn that around. I think we have just entered the same accumulation phase with Bitcoin too, and we can now expect a back and forth tussle between the buyers & the sellers, before one of the parties over-powers the other.
- I'm in the favour of a trend reversal here, meaning my outlook is bullish towards Bitcoin, and that is mainly for two reasons:
1. Higher volumes in last six months or so, resulting in more frequent green candles, albeit narrow ranged ones. This indicates good absorption at recent levels, and a stronger intent from the buyers.
2. Given the volatile nature of the crypto market, this one offers a great upside potential with a manageable amount of risk.
- Technical indicators aren't really giving any strong signals yet, though weekly RSI has moved up by about 50% in last month or so, we can expect it to cool down a few times before it actually locks in with ADX & Stochastic(I use these three in conjunction, but one should see similar convergence with other indicators too).
Final Note:
- This is just my personal opinion, please do not consider this as a financial advice.
- This is a long-term trade, which can probably take several weeks to unfold.
- Go slow & steady, mark your levels, and have fun hunting!
#DENT Wyckoff Based Analysis#Wyckoff Analysis for #DENT #DENTUSDT
3% risk 10-15% account gain
Entry 0.001195
SL 0.000999
Target 0.0018-0.002
Perfect Wyckoff Based Chart
If we see a SOS back above the range here it should do well. The price needs to get back above the Resistance defined by the "AR" Automatic Rally that followed the SC (Selling Climax), Once price has confirmed back above this area at 0.001235 we are very likely to start the next growth (Phase E) confirmed by another SOS (Sign of Strength) with high buying volume signature.
See my related idea for a further understanding of the #Wyckoff method of analysis.
MATIC - Long term Wyckoff viiewTwo subsequent accumulation phases. First on chaotic with a poor volume profile, too short a Phase B and eventually an failed mark up phase, abandoned by the COs. Probably also caused by the various Black Swan events around the same time. Second (re) accumulation phase is more 'by the book' and if all goes well, we are already entering the markup phase after this most recent BUAC. We now need to see an impulsive move up on slowly expanding volume.
As an aside: if on the 12hr chart the stochastic crosses below 20 (Please set D to 3 in the settings), there is a good chance of a bounce because either the bottom is in or close. This works only in an uptrend, not during a downtrend.
Rangebound. But not for much longer!$BONK aka Bonk Inu has been moving within a tight range for a while - it was on the sidelines and dragged while Solana made it's price moves. Now that the market is feeling comfortable with it's recent bullish turn -- whether that is a long term bull trend reversal or simply a bear market rally is to be seen -- money will start to flow to coins that have few bagholders. Bonk was an airdrop and those who wanted to sell it have sold most likely, those that haven't are likely waiting for prices that we haven't seen yet. It's clear on the chart that somebody is buying up those airdrop for no less than ~$0.0000007777. The boring period does come to an end at some point, and when it does I'm betting the price will be marked up. Price has been in an accumulation / consolidation zone since January 11th when a large holder pulled their liquidity from Orca.
Two resistance levels are shown on the chart - once Bonk blows past those, it's price discovery time. Do I hear "Bonk to $1!" in the distance?