DXY (ANALYSIS ) Support and Resistance
liquidity
price action
Accumulation
break out
pullback
impulse wave
Accumulation
BTC LONG hello traders
Bitcoin is approaching demand levels, I expect the selling liquidity to be expelled
It may be a temporary rise,
To execute a buy trade I need a strong reaction from buyers from the demand levels
One clear possibility on Jackson Hole WeekAdding the developing Head & Shoulders pattern to the clear accumulation and distribution seen on the 4h chart from June's lows until now. Note that the VPOC has already moved up from 3771 to 4137 (where we've been essentially stuck for days).
If the pattern triggers and reaches target, $ES would be right back to the accumulation cost basis, with big momo traders having pocketed a hefty 350+ point profit.
US 100 LONG hello traders
There is a demand area that is overtaken by the price. The price is expected to rise above the area to execute unexecuted buy orders
There is an important support and resistance area
Accumulation occurs above the support and resistance level and below the consumed demand area
If the price breaks the consuming demand zone, I think it will be a buying opportunity to target supply zones
Valiant Organics limited stock analysisStrong accumulation near the trend line and after breakout again. Decline in % of Deliverable Quantity to Traded Quantity indicates profit booking. Healthy correction to the support zone may be good for fresh buyers. 17% movement in last week.
Not any recommendation Just an observation. I may be wrong
possible accumulation The fiber is trading in a range and we can notice an upthrust and apossible spring, we still cannot confirm that the low of today is the real spring, in fact if we trade in a conservative way we might wait other confirmations before thinking about opening a long trade, if you are more aggressive you might open a buy with tp and sl as highlighted on the chart above.
Pay attention at the fundametal news, especially on thursday during ECB event
If you want more specific information send me a direct message.
Francesco
BTC in accumulation cycle in coming monthsKey takeaways:
Bitcoin entered accumulation phase for several months ;
Bottom can be as low as 10k, due to recession and other external factors;
Big resistances at 30k, 40k and 50k (see resistance and support lines);
Bitcoin halving Mar 2024 will cause a new bull-run;
Disclaimer: If Bitcoin ETF will be approved, major upside will be inevitable. causing the premature exiting of the accumulation cycle.
US OIL LONG hello traders
in today session i buy USOIL
Reasons for entering the trade
Demand area
Accumulation
market structure
GBP CHF LONG Hello Traders
in today session i buy GBP/CHF
Reasons for entering the trade
Demand area
Accumulation
Wave Locking Theory
Wyckoff Accumulation 2 by EripedWyckoff idea based on Schematic no. 2.
Below 19300 till 18800 is around 120 Billions worth of long Liquidation which i belive they will protect it.
Also SPY and GOLD ale currently holding above previous Supports.
1 week of BTC range with alot of movement across the board is probably just preparing for something.
Bitcoin Volatility Index is at the bottom so I expect some Big moves for next week.
You can find alot of confluences across the board for BTC for Longs.
US OIL LONG Hello traders, in today's session I bought USOIL
the reasons
The presence of a strong bullish wave and a corrective wave that broke the bottom, so most of the time we get a wave similar to the strong wave
Reaching the price of the Demand area
Accumulation
GBP JPY LONG There is a strong demand area, and the accumulation occurred below the area. The price broke the area and retested it. I expect the price to rise strongly from the area.
BTC/ USDT LONG Hello traders, in today's session I am waiting for the opportunity to buy Bitcoin
With the fracture of the re-accumulation zone
the reasons
Buyer Momentum Increasing
Correction wave fracture
Existence of demand areas
Price response to areas and the formation of accumulation and re-accumulation
Bitcoin Repeating Fractal from 2013 Low thru 2017 PeakIf you overlay the fractal from Bitcoin's own chart from mid-2013 to the end of the 2017 bull market, you get a very similar looking structure.
The vertical lines are depicting the peak RSI at the top of the 2017 bull run and in the 2021 bull run. Although we did not reach up to 98k, which is where the previous fractal would have taken us, I take this point as the "euphoric top."
Keeping that in mind I believe that the actual top of Bitcoin in 2021 is, in fact, acting as Bitcoin's structural retracement. If you overlay a FIB from the fractal's ATH from 2015 to the first initial profit take (June/July 2021), it would make the actual ATH a retracement between the 0.5% and 0.618% FIBs.
With that same peak, it would also give us an 82% crash from this hypothetical peak to trough, which I know a lot of chartists are waiting to see since it's what we've done in every bear market so far in Bitcoin's history.
I believe the bottom could very well be in and that we could be facing a long term accumulation period for the market as a whole.
Let me know what you guys think in your comments below.
Note: Not Financial Advice
ETH can markup from hereSee chart. Near term levels I'm watching listed below:
1708-1746 (activate nested markup)
1802
2087.. Reaching this will activate larger degree markup, if so can reach 2904-4164
Who's strummin' the banjo?
