btc - new lows coming?all bear markets have a accumulation phase. so don't panic buy on the next green candle. it will happen and when you least want it. dont get washed out the market and you'll have that lambojine in not time
Accumulation
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.
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.
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 👩💻
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.
Daily accumulation model Gold is in an accumulation model, would like to target 1478 but for now just looking at taking out those equal lows left below, after confirming a low, (preferably 1478 but then well see how this plays out) price will then be seeking new highs
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.
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.
Gold $1600 looks vulnerableI am a bigger believer in sell low, buy lower, than I am in support and resistance.
Golds reversal on Friday was accompanied by a rally in metals and commodities, meaning the US dollar weakness was in play rather than a new demand for commodities or precious metals.
If we get a renewed strength in the greenback the price of Gold will tumble. What else has changed that would justify such a move in the yellow metal?
Total Crypto Market PredictionThis is the Actual deal I see on the Monthly Chart,
I see we have been on a spike and ow we are about to make the second low in the channel Phase. for short term we may go up to hit the monthly base , then drop down and touch the low of the channel, it could be around 2023 second quarter or third. after that I predict FOMC Stop increasing the interest rate and we have to be at accumulation phase then, and jump for a new huge bull run !
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.
LINK Looks Juicy LINK has been accumulating for quite some time now - just bouncing in this range preparing for a large move imo.
Would look to enter on a retest of the mid-range or breakout above and retest - currently in no mans land with any real good entry location.
But on a higher timeframe this looks ripe to rip up to the target above at some point.
Annotations also on the chart!
Cheers
Bitcoin Wyckoff Accumulation Schemeits a bit late to share but i started to long it around 19300 and i will keep it until we reach 28 i hope. but i think we'll need more squeeze to 33K to have and swing failure pattern there. cuz everybody is waiting for short on 28K but i dont think CZ is stupid. :)
why i think that chart like that? cuz btc cme gave us daily msb right now but in exchanges not ! but there are a lot of shorts really we need them to close first to give a new dip. dip must be around 15-11 we'll see what will happen....
in wyckoff accumulation schemes always market make think the people "oh we go up bull run starts" and market crashes... i am waiting to see all crypto twitter turn to bullish to 150K hahah
Doge - Going to Mars?Annotations are mostly on the chart, full vid on my YT as well now.
Key levels that I'm watching - a nice move but need to see follow through imo.
We've broken out of some resistances below and ultimately made a key S/R flip noted on the chart - short term would like to see that hold.
Longer term - I'm expecting a correction and would look to add more.
Green zone was my accumulation area which gave me only brief chances to put some capital in - was that it or will there be more chances?
Time will tell!
Bitcoin - It's TIME ⌚ ...Time to Wait Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I haven't made an update on BTC for a while because well, not much has changed since the last post. Currently trading in a tight range caused by a fight over control between bulls and bears, Bitcoin could really go either direction after the sideways trading. The sideways trading could also still continue for a while, at least until a clear direction is established. For now, the best thing to do - is to be patient and to wait. There are many altcoins presenting excellent opportunities, I'll be focused on those for now. (Check out our previous ideas to see which alts I am referring to).
A really good strategy, is not to force a trade. If the markets are unclear, rather sit it out on the sideline and wait for a clear trading opportunity.
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Long BTCUSDTOn my previous posts, I already warned so many times that whales buying and retails selling and some refused admit that they are wrong.
I already warned retail traders so many times that it will make a double bottom and go up. Yet, some people act like they are very smart.
The whales are manipulating the price action to traps retails to short the bottom and reverse it up.
Investing and trading is a game of probability where the market moves up, down or sideways. Hence, the probability of a trader winning is around 33.33%.
In my previous idea, one guy thought he was smart when I talked about this accumulation and said RIP wychoff and here we are going up.
The crowd and retails are always wrong, people are too bearish at the bottom of a cycle and too bullish at the top of the cycle.
Sometimes, trading and investing is so simple with just copy and paste. But some people tried to be smart,
A lot of traders try to be right after I warned about the institution Wychoff's manipulation and some refused to listen and give into whales manipulation.
Some traders tried to aim for 16k price for BTCUSDT to buy the dip, but it never happened, the only way you can get rich is to buy at 20k and HODL.
Talked about it so many times and yet people still love to donate to the market trying to be smart.
The cryptocurrency , Bitcoin or BTCUSD is now trading at the golden support again with whales manipulating retails to short at support before doing a Wychoff's accumulation and reverse to the upside.
The manipulation was a huge success but I tried to warn the stubborn poor retails traders but yet they refused to listen. Only few listened, I hope they are in profits now.
Bitcoin prices had been ranging around at 20k as I said and now it had made a double bottom , soon it will continue to go up and everyone will get rich. A double bottom of a double bottom .
It had made an impulse correction and soon will go to 35k to fill the gap and beyond, to da moon.
On weekly, the chart had not broken the low and is making a higher high, soon it will go to the moon, buy now.
Amplify your gains by using leverage, long here and u can be filthy wealthy. Time to go all in and get rich.
Bitcoin or btcusd had made a double bottom technical structure. Bitcoin is doing the same Wychoff's accumulation and soon shall reverse the trend and bottoms here.
Do not be tempted by whales to short on bear traps!!
Warning, DO NOT short the market and get short squeezed. Buy the DIP.
I see a lot of retail traders lost money shorting bitcoin at 20k instead of buying it, this is your last buying opportunity before we move up to 35k to fill the CME gap.
The whales had been doing manipulation on bitcoin and ethereum .
It had already made a 5 waves up and will do a correction before pushing further up to 35k to fill the cme gap.
DO NOT MISS THIS last chance to buy the dip opportunity.
The whales are tempting you to short bitcoin so that they can push the prices up by doing this sideways movements.
Do not be deceived by the whales manipulation.
This manipulation by whales are food for them as retails traders getting liquidated easily.
The whales are accumulating. It is trapping breakout traders to short here, this will bottom here.
Long btc . Sick of this sideway obvious manipulation by whales.
On a higher time frame, it made a impulse and ABC correction, soon it will moon and everyone will get rich like WOW?!
This is not a signal and do not follow but a trade idea. Use your brain to trade and don't follow blindly!
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach
SPACE X FLIGHT TO REDDIT MOONSStrong support @ 14-16 cents. There is a strong potential for 2X and more. Buy & hold as this may go PARABOLIC in December. I will be taking some profits @ 42 cents.
GBPUSD analysis - nice accumulation of orders that are responsible for fuelling the imbalanced move up
- support level 1.11000 resides here
- lots of liquidity resting above
- confirmation buys from here
NZDUSDIf we break the supply which i'm pretty sure we will, this will be my buy setup, will be entering off the UW, which is a great LTF candle so will be entering straight off this UW.
FTM primedAs you can see FTM has had 2 accumulation phases which stretch from June-October, its a perfect time to start accumulating with low leverage/spot before it pushes towards the local supply.
We are currently seeing similar pattern on a few different alts in the market, now that the majority of retail trades are staying on the sidelines until the market turns bull. This gives us an opportunity to dca in and have a very low entry.
Stay safe and remember let the reddit trades get emotional while we stay cool and trust the process!
#replay 90 - PO3 Confluent with MSBThe chart now is confluent with the MSB so the trend has been shifted. Looking forward for it going up. Potential entry at the OB below, however which is below the range low. Will wait here until it break the range top.
Eurusd Wyckoff Accumulation Schematic 1 Found on daily time TFEurusd Wyckoff Accumulation Schematic 1 Found on daily time frame ..
huge rally expected noveber First week
like follow and comment your views ,,
BTCUSDT Wyckoff Accumulation Schematic 1Found on day time frameBTCUSDT Wyckoff Accumulation Schematic 1Found on day time frame
if we successful to test the support .. then huge rally expected..
like follow to support me
