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Accumulation

Link in accumulation modeDespite the cryptocurrency market being in a turmoil lately, COINBASE:LINKUSD maintained its current support level for more than 6 months. Following the BINANCE:LUNAUSDT collapse, link like most of the cryptocurrency market had put a new low. However, what's intriguing is, unlike other cryptocurrencies it has actually held that low quite strongly, with occasional visits every now and then, yet always followed by swift recovery. It seems that link has entered in accumulation mode and is preparing for the next cycle. The possibility for a new low still remains, but I believe even if we put a new low, it wouldn't be far off from the current one, and with that been said link offers now a lucrative buying opportunity.
Long
by m3rr0r
LINK MAJOR ACCUMULATION HAPPENING!LINK has been in a major accumulation zone since May 2022. The range is currently between $5-$9. Once this range is broken with a bullish continuation PA we can say goodbye to these levels. I believe most of 2023 we will play around with the highs of these levels if we do manage to breakout but this is clearly institutions loading up their bags and waiting for the market to move up. If we break below, this will be an absolute massive resistance to try and break through. The volume at this level is huge. Let us see how the next few months play out. Love it or hate it, hit that thumbs up and share your thoughts below! Every day the charts provide new information. You have to adjust or get REKT. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
by rnaofs
BTC Wyckoff accumulation phase before new Rally ! BTCUSD BTCUSDTHi dear community and the best followers. I hope you are fine. I appreciate your support, likes and comments. Today I'm looking at 3d chart of BTCUSD. As you know since 18 June 2022, I have been posting BTC bottomed and it is preparing for new Rally /new ATH/ before new recession and Fed Pivot starts. I expect new ATH by Q2-Q3 in 2023. If you check my other analyses bellow related ideas, you will understand why I think so. So as you see, I have drown BTC Wyckoff accumulation phase and think when BTC broke 28-30K one of the major support zone/Preliminary support/and dumped to 17.5K in June 2022, that was selling climax with huge increasing volume + smart money huge buy, that point I called the real bottom of BTC bear market based on my analyses and history data/you can check them bellow/. Then BTC did automatic rally, and dropped again to the same support zone making secondary test. The recent dump which I called fake breakdown/bear trap/ with double bottom+ RSI bullish divergence is a spring of Wyckoff phase like 2021 November top, which was a fake breakout/ bull trap/ with double top+ RSI bear divergence. At the moment I expect test of 16-16.5K then pump to 18.5-19K then 21-22K > 24-26K > 28-30K but of course with pullbacks making HH and HL. Please don't forget to follow me. I will appreciate any single follow, like and comment. Thanks in advance.
BITSTAMP:BTCUSDLong
by ergal91
7
All doom and gloom for BTC? Don't think so!!!I know lately there is lot of fun making going around crypto world, I also know lot of people are panicking with their positions who had average of 20k+ entry. However, I for one see lot of positive from recent price action on daily BTC chart. Lets look at the reasons for my view; 1. Even after massive bad news barrage, BTC is still not a "Scam", its still holding its long accumulation zone of pre 2021's rally. 2. There is divergence on daily chart with Money flow, which is happening in pre-2021 zone and is probably still being used by whales to accumulate. 3. This is also first real test after 2021-22 rally of BTC and crypto in general. No matter what, I can't see BTC going to dumpster in just one test. So hang on, might be a good choice to add up too, I'll leave that to your own risk appetite. This may sound like silly opinion by some, but I do fill in due time it will be a right one.
INDEX:BTCUSDLong
by Pratik_4Clover
1
NVDA, AMD Bottom FormationsNVDA continues to work on its bottom. The Reversal Candlestick in October signaled the end of this stock's correction. The stock has plenty of growth for the future. The red line is the bottom completion level for this chart, a strong resistance level. There's strong point gain potential when the current sideways action breaks out upward. Volume-based indicators are showing slow but steady hidden accumulation. If the current sideways action breaks down, support from the buy zone is quite close. --- AMD is waffling around the U-Shaped Bottom's completion level, which is usually a quick short-term bottom. Once it can sustain within the prior trading range, it can start to develop a range that can then compress and break out. So, it has a couple of areas to work on. Meanwhile, it has sufficient past swing-style runs to be considered for a swing trading watchlist when the short-term bottom completes. If it breaks down to retest the bottom lows, beware of the support at the buy zone.
NASDAQ:NVDA
by MarthaStokesCMT-TechniTrader
How to Study Price and Wave volume RelationshipHi 👋 In this post I would try to throw some light on the Price & Wave Volume relationship (popularized by late David Weis). This method may help trades in two ways: 1️⃣Ride the trend 2️⃣Picking the end of a rally I came across this chart randomly and found that there are a few principles that I can discuss with the help of this chart. Before reading any further I want to disclose that this technique was not originally developed by me. However, different authors may have different interpretations when it comes to some techniques of discretionary trading. This is a small piece of what I have learnt as a big follower of price action trading. I don’t want to go for bar by bar analysis here due to time and space constraints, so I have marked a few important places (as numbers in green rectangles) that are important and need to be discussed. The numbers in white are the cumulative wave volume in crores. This means just keep on adding the volume of each up bar until there is a reversal. I have taken the reversal a 2points on closing basis. Which means I keep on adding the volume until the price closes 2points below the close of the previous bar. The opposite is true for down waves. 🚀Point1 If you look at the upwave preceding the downwave at point1, it is the sharpest of the rallies from March 2020 lows (scroll back the chart a bit). Also wave volume is the highest (37cr) compared to 10,19 and 18cr on previous upwaves. At point 1 there is 10cr volume on the downwave, which is the highest on any downwave in the rally from Mar2020 lows. This is an alarming signal that sellers are getting active. But this may not impress us to liquidate our trades as we need further evidence to confirm this weakness. 🚀Point2 Here we have very high volume accompanied by the widest bar (in the rally) but closing in the middle. These three things confirm here that sellers have stepped in and the stock is weakening. 🚀Point3 There is a rally back to the highs but this time with lesser volume (29cr compared to 37cr) than preceding rallies. This is our second confirmation that buyers are turning there back at this level, at least for now. This is a sure exit opportunity for investors who bought at the lows. 🚀Point4 There was a sharp reaction with huge volume of 31cr and very wide bar, closing off of its lows. At this point there is still confusion that the trend has reversed or not. If it was a reversal then there would have been a follow through of 31cr volume on the downside but it is not so. For the next 3 days price sustained above the low of this wide downbar. 🚀Point5 The sellers again tried to push to the stock down but look at the volume in this wave. Are you getting it now? Its just 13cr instead of 31cr on the last downwave. This infers here that seller are not interested. So if seller are not interested then what will happen? Buyers will take over. 🚀Point6 The sellers tested the level of 1, 4 and 5 a few more times, buyers holds it and that develops a support. There was a very strong rally (compared to rallies in the last one year) back to the highs and volume is again 23cr which is lesser than volume at previous highs. Lesser volume could have 2 interpretations – there are less sellers this time and/or buyers are not interested. 🚀Point7 The stock is back to the support again. But volume on downwaves is much lesser in relative terms. In fact, it decreasing from 13 to 4 and then 2cr (see chart). Where have the sellers gone? They don’t want to sell at the support. 🚀Point8 Lack of selling leads to buying and eventually to new highs. Notice that there in very less volume at point 8 (only 4cr). This time sellers attempt (5cr) was failed quickly (without hitting support) and new highs were made outside resistance (developed at 2, 3 and 6). At this stage, when the price is closing outside the resistance, I would expect more volume to come in. More volume at this stage would indicate that buyers are interested but that is not the case here. 🚀Point9 Point 8 looked like a failed breakout attempt. The price fell back into the trading range (between support and resistance ). If I look at volume here, it is 15cr on this downwave. In the immediately preceding fall with 17cr it touched the bottom end of the range but this time with 15cr it is just at the middle of the range. This signifies re-accumulation at point 9. 🚀Point10 Re-accumulation lead to a rally back into resistance. We have 13cr as of now. Its too early to say, before this upwave ends, but 13cr is less (for me at this point) to push it any further. It seems holding back in the range. 🚀🚀Final thoughts This is a very nice and rare example showing both distribution (by the seller at resistance level ) and accumulation (by the buyers at support level ). Normally the price peeps outside the range on both sides and fails to follow through, until there is a decisive break on either side. I hope you learnt something new in this post. Now you can do one thing, press 🚀 to encourage me to write more educational stuff. Thanks for reading.
NSE:ADANIPORTSEducation
by Bravetotrade
BTC Accumulation phase? Let's decodeHello traders and followers. It is with great pleasure that i am sharing my analysis with you so if you enjoy my work please like and follow, this encourages me to continue to do what i do. In today's analysis we are going to take a look at the 6h chart on BTC and most precisely at the key elements of an accumulation phase according to the Wyckoff method. Before we tackle the accumulation i just want to note that the price is now trying to escape a simmetrical triangle but with low volume, therefore a lot of chances for the price action to go sideways. Is the range we are in an accumulation? Now, don't get me wrong, i know that the range is not formed properly yet, but we can see some key characteristics of accumulations happening in this young range. - Decrease in volume and volatility as the range develops . There is less and less available supply and the price fluctuations are gradually reduced - Testing the upper area with low volume , suggesting an absence of interest in selling, the exception will be when the price will be ready to initiate a breakout. - Bearish false breakout (springs). We've had one but didnt act like a spring. - Bullish candles are bigger than bearish ones. This one is 50/50 , slightly better on the bull side. - Development of rising highs and lows. This is pretty obvious, due to the triangle formation we are slightly going up. Conclusion: Technically this is not looking bad... really , if we were to ignore all the fundamental context around crypto , this would be a perfect area to enter long term, but the reality is different, fundamentals strike from nowhere and we ca not ignore this. I am keeping my bearish bias but i am also considering the possibility of this being an accumulation area. I guess the exit and close above the range will heavily strengthen this assumption. Till next time.
by SublimeTraders
2
TRADE FROM ACCUMULATION ZONESHello everyone! Today I want to analyze a very useful topic - how to trade from accumulation zones . Accumulation Surely you have noticed that the price first makes an impulse, then stops, after which it makes an impulse again. This is the simplest scheme of price movement. Each stage can be disassembled and a good trader should be able to trade at each stage. Accumulation is the stage at which the price moves sideways, that is, accumulates. This stage exists due to the fact that the price cannot constantly move up or down, there are moments when the strength of sellers or buyers ends and you need to take a break, gain a new position and push the price. Trading is possible inside the accumulation, but using a different technique, today we will discuss how to trade when the price has left the accumulation zone. beginning First , you should note the resistance and support levels between which the price moves in the accumulation zone. They are usually easy to identify. If you can't identify them, don't trade, wait for a situation that will be clear to you. Exit At the moment when the price goes beyond the accumulation limits, we start looking for an entry point. Most often, if the price has broken through the accumulation zone down, the price will continue to go down. But there are times when the price makes a false breakout and goes in the other direction. Such moments occur and you should not forget about them. It is impossible to always know where the price will go. If the price has broken through the zone down, you can go straight into the short - it will be an aggressive entry. It is aggressive because there is a possibility that this is a false breakdown and the price will go further up. A conservative entry will be when the price rolls back to the zone and begins a reversal from it. A reversal means that the price cannot go higher back into the zone and will fall down. Similarly, long trades are opened only in the other direction. As you can see on the chart, accumulation zones appear not only during the reversal, but also during the continuation of the trend. In situations where the price after the accumulation zone went further towards the previous trend, it means that the trend is strong enough, although there was resistance on the other side. Positions are always opened the same way: 1. Identify the area of the field. 2. Waiting for the breakdown. 3. Looking for an entry point (aggressive entry or conservative). This technique is very simple and it works quite well . The main thing is to follow the rules and don't risk too much. In addition, the direction on the higher timeframe is important. And don't forget the most important rule: the trend is your friend . Thanks! Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Education
by Lingrid
11
Accumulating on the support of previous base, don't forget it.SHIB is now building a base, on top of the previous resistance which led it to ATH. If it continues to do so, accumulating SHIB here is not a bad idea. NFA, but have it on your watch list, for your own sake of avoiding FOMO. I expect it to front run any kind of crypto bounce. Confirmation of breakout: retest the daily MA200 as a support. Breakout from accumulation will be volatile and strong. Targets: 5x, 10x. Invalidation: weekly close under the 600sat's levels.
by Invi1112
Wyckoff accumulation phase of a lifetime? I've posted my first accumulation idea here back in August 22nd And it seems to have played out nicely. Excited to see where this goes as I see this as an accumulation phase of a lifetime. We'll potentially reach the bottom within the next few weeks/months and this seems like a great time to accumulate BTC. If Tether shows itself to be the next falling knife, we'll for sure reach levels below the currently indexed ones. But maybe that can be averted.
BITSTAMP:BTCUSDLong
by AlexWasTaken
3
Is $BJ ready to push higher?Notes: * Strong up trend on the higher time frames * Great earnings track record * Basing for the past ~3 months * Forming a cup and handle with the base ~14% deep and a flat handle * Formed a bullish engulfing candle a couple of days ago * Now it's flashing an early entry along with a pocket pivot Technicals: Sector: Consumer Defensive - Discount Stores Relative Strength vs. Sector: 4.8 Relative Strength vs. SP500: 2.23 U/D Ratio: 1.03 Base Depth: 13.97% Distance from breakout buy point: -1.6% Volume 15.02% above its 15 day avg. Trade idea: * You can enter now as the price is close to its 50 EMA * It's also breaking above the resistance area of ~77.5 with volume * If you're looking for a better entry you may be able to catch it around $76.1 as that should hold as support going forward.
NYSE:BJLong
by HaseebKhan_90
Dark Pool Buy Zone Patterns: BA ExampleA corporate aggressive stance to accelerate Boeing's recovery from the pandemic created buying activity during the index sell down over the past few days. BA is one of the few companies on the Dow moving up while the majority of components were being sold down. This is an example of how quickly a stock can reverse from selling down to resumption of its trading range or bottoming action. This is a range-bound run up. The technical pattern has some pro traders in the mix. The run is above the accumulation level for Dark Pools.
NYSE:BA
by MarthaStokesCMT-TechniTrader
1