Trading exactly at Supply/Demand Equilibrium PointWill be very interesting to see how we trade here in the next 25-30 minutes. Using Supply/Demand trendlines as shown in chart, I am seeing Supply = Demand at ~ 7:25AM 7/12/2022 (EST) @ the price level 3826.71.
This is right where we are now. A further analysis using Calculus gives me a bullish conditional expectation from here.
If Price gets back above 3683 this morning (after the point in time where demand becomes greater than supply (so after ~7:25AM), then it will activate markup of this accumulation phase. The 3683 I have obtained from 2 separate methods, the one relevant to the Supply/Demand in chart is as follows:
Find the AUC of Supply/Demand (a hyperbolic expression) by integrating over the time interval from beginning of supply trendline to point of equilibrium (= 30.97 trading days), then add to X_e to obtain the markup level. When this is broken before time of equilibrium it can result in a short squeeze if price gets far enough away, but we ran into resistance this week so had to backup/retest for support and will now re-attempt. Green dashed line is illustrative path if squeeze unfolds (still can), green path is expected path if there is no squeeze.
Black path illustrative of what could happen if it gets trapped back in between the S, D trendlines
Red path is breakdown.
These are not precise, just wanted to illustrate the most likely scenarios that can unfold from here and alert that we are at a critical point in price and time... right now.
StochRSI and MFI both point toward breakout, other math not included points toward bullish from here. A bullish catalyst would do the trick, but might just occur on its own based on Gann Time Cycle (not included).
Bet.
Accumulation
TWST - mini double bottomAfter a spectacular fall (of 88%) all the way back to covid pandemic low, TWST appear to have found bottom @ abt $25 on 12th May and then retested this level again on 13 June. There were some signs of high volume accumulation on days following these low.
The 21day moving average has recently crossed above the 50 day moving average and RSI is now showing strength (>60). It is likely that the worst is over for TWST. Any near term pullback towards the neckline around 38 will be an opportunity to long.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
BEWARE OF THE PUMPS! whales are accumulating BTCin the crypto market, after massive drops like the past couple of months, the market transitions from distribution to a possible accumulation or re-distribution phase. if we are switching to accumulation in the crypto market, most of the traders would think that whales are only accumulating crypto on FIAT pairs which is wrong. they even profit when they are accumulating.
how? they would trade their bitcoins for an altcoin and then pump that altcoin (when BTC is in a range or doing a local upthrust) to accumulate even more bitcoins for a rally.
in my opinion, we are entering an accumulation phase, so beware of random pumps, and if you are trading an altcoin try to monitor the Altcoin/BTC pair as well.
please like and share this idea.
let me know in the comments what you think.
Don't forecast the future, use patternsAfter a huge down trend, ETHUSDT is accumulating for 25 days in a channel. As we know, trading in channel is quite simple: sell from the top, buy from the bottom. And don't think about future of the pair, unless you see the signlas shows that the pair is going to break borders. (the blue arrow and the red one). To make Breakthrough scenarios active, local correction of the pair should not exceed 20% of the channel range. On H1 you can see a flag formation, which gives additional scores for further down movement. Mean while, we use short strategies with short SL.
BTCUSD (BITCOIN)“Easy money” is having hard times as there still is no sign of reversal in favor of Bitcoin, but 20k seems to be acting as a psychological barrier in selling.
Market Structure:
After collapse in #btc price 3JULY price hits low of 18763$ now we see some buyer strength and they push price towards 15june high 22662$. here we see bullish pannet structure in the market which shows bulls profit booking here at 21681$.
NEXT MOVE
Here you can see green trendline resistance after breakout of resistance and and also POC volume profile. Volume is also high at current price. Breakout helps bulls to push price towards the TARGETS OF 22114$, 22604 & 25K Psycological level.
STOPLOSS :21200$
FUNDAMENTALS
Taking advantage of low prices, investors are increasing their Bitcoin holdings. According to data by crypto intelligence firm Glassnode, both Bitcoin shrimps (those who own less than one BTC) and Bitcoin whales (those who own more than 1,000 BTC) are stacking more BTC.
Waiting for descendingTechnically.
We have an 56 days of accumulation after downtrend. After up edge of the zone breakdown we came back into. Therefore RLCUSDT is nog willing to start a new uptrend. Form the other side, global BTC benchmark in nearly to start new uptrend, but RLCUSDT is looking for downtrend. We expect downtrend for the pair of RLCUSDT, but we would like to wait for a solid entrance. Meanwhile some stop-orders could be placed below the current price...
BTC ahead supports and compression of buy ordershello everyone
according to the us CPI 8.6% and highest number in past 40 years
probbably we walk throgh 0.75% interest rate increase.
so we lost 25500 support and now on 23500.
if we lose this level we can downward to 22000 and 20000 area
and after that 18000-19000.
this levels are so exciting for longterm holders and its an incredible accumulation phase.
but if the inflation dont stop , we also can see lower supports like 17000 or maybe 12000!
but according to the compression of buy orders in 20000 - 23000 levels i think these levels are
very important and if inflation record a high level and start to go down we dont go lower from this
levels.
Price Doubling Markup BrewingMajor major accumulation here. Can see in the DMI and stochastic, as well as the chart.
Activation of markup is above 98. My initial target is the 111-127 range by July 11-15th. If it makes it above 133 I expect it to continue to as high as 177 by August (post-earnings).
Goal Target by July 25th is 152-157. The yellow, orange, red zones are profit taking area - not financial advice but I like the July and August calls from 95-110, take some off in yellow, more off in orange, more in red zones. It will likely need to consolidate or pullback before attempting to break 133.
Look to Roku's past for evidence it has major runs in it, my belief is that the time for the next major run is about to begin.
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BTCUSD H1: 20% correction warning distribution(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BTCUSD 1hours chart review
::: updated/revised outlook
::: distribution in range / weak chart
::: cycle low later July/August 2022
::: weakness will last for 4-8 weeks
::: LOG SCALE chart
::: not a great looking chart
::: rejected/booted from 20 000 usd
::: S/R was re-tested produced WEAK bounces
::: final BOUNCE possible 17/18 000 usd
::: also noteworthy sequence of lower highs
::: recommended strat: SHORT from 21 / 22 000 USD
::: final TP BEARS is 17 / 18 000 USD
::: 20%+ correction possible next
::: 4-8 weeks in July 2022
::: right now limited upside in this market
::: position traders should wait for
::: better entry prices later after
::: BULLS higher risk BUY near 17/18 000 USD
::: not a great setup for BULLS though
::: recommended strategy: SHORT SELL RIPS/ RALLIES
::: TP BEARS is +20% gains - near 17 000 USD
::: BULLS stay out until correction is over
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: RANGE/MIXED
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Don't sleep on NVAXWhat I am seeing here is the most sophisticated accumulation setup I have come across in the market - and CO has been doing this for NVAX cyclically every pandemic in the past. The company focuses on stopping the propagation of viruses, however, CO spins it by propagating demand (like a virus) and absorbing supply which they injected intentionally at strategic stages downstream! This is nice, nested markup activation.
Sorry if its difficult to see clearly, that is for me. I will post a followup idea where I zoom in and discuss the projected most likely scenarios. But here is the bigger picture that I wanted to present as surprisingly high probability targets/critical levels to watch in the coming weeks. I used MRNA epic run in summer 2021as a proxy, as well as a general method that I developed to make such predictions on Markup phases.
- Minimum Target by August is 119 (given that 79 can be breached in time - will discuss the time component in followup post).
- Sweet spot/target spot I'm expecting by mid September is 217-229
- If they invoke chaos w.r.t. demand and break above 171 by Jul 25th, then max target by mid-Septemer is ~350 (when such a squeeze occurs as it did last Jan, and it is highly likely is what we are about to see, establishing a point target is nearly impossible so the max target range 300-400).
*** NVAX activated markup on Friday July 1st. There is a nested activation that will trigger if it gets above 63-65 by July 11th-18th, and there is an carryover activation level at 171 which regained the capacity for activation on 3/21/2022 - for it to be reactivated, the price must break above it by 7/25/2022.
Smuggled between these activation levels, there are price (%) doubling and period halving bifurcation levels where the price will gap if hit. These require a massive squeeze, which NVAX is more than capable of currently - these levels are at 65, 83, and 217.
The next supply/demand equilibrium point is July 5th, so good chance they will announce approval before the bell tomorrow. Once time crosses the equilibrium point there are windows where the activation and bifurcation levels remain in effect. So if price keeps up with time or exceeds it, here is what I expect:
- Gap up Tuesday to trigger 63-65 and then continue to resistance at 79 by July 7th-8th
- After rejection from 79, it will pullback and test 65 for support, if that holds and it bounces I'd expect the 2nd wave of the squeeze to kick in and drive it above 79. They have the bifurcation set in place at 83 to gap it toward 100 once it hits 83.
- From there it gets tricky, because there is another nested markup activator that I haven't even discussed because its beyond the scope of this post, it was a distribution phase beginning in Jan 2022.. my theory is that it serves the purpose of kicking in the 3rd and final phase of the squeeze once 83 is breached. It is the only way I see this getting over 119. There is an attractor at 106 that could allow them to re-accumulate there in order to breach 119. If they make it to 131 it will begin a rally similar to what MRNA saw in 2021. For NVAX, it looks like above 131 will open the door for 171, then gap to 217-229, and finally run to 300-400 where they will begin the final distribution pertaining to Covid-19.
When its all said and done this will make its way back down to ~20 in 2023, likely even lower by 2024.
Nested Markup (supplement idea)I was going to type up some additional notes pertaining to my other post, but actually its time for some fireworks soon so I'll just leave this here - knock yourselves out. Will probably send update in the morning touching on the projected paths shown.
Reference this post for general expectations on levels. If you leave with any message its that things might get violent with NVAX price action these next few weeks.
Markup ActivatedMarkup was activated this morning above 1089.43
If we clear 1111 I expect explosive upside to 1713.53
If we clear 1713.53 by July 12 (7/12/2022), it can run to test resistance at 2333.93
If we clear 2333.93 by July 21st, the initial target becomes 2752.20 - can hit this by July 25th
Above 2752.20 (within this time window) and they invoke chaos with respect to demand. Goal target will become 3458.32 by 8/4/2022, but it can reach as high as 6189.97-7665.74 by October 27
This window of opportunity closes on 9/1/2022, after which the probability of being able to break resistance at 2333.93 begins to accelerate, and approaches 0 past October 27 2022. A realization of 2333.93 after Sep 1 will likely result in a rejection, followed by a downside move to a new low where they will re-attempt an accumulation setup that can end this corrective wave.
Bitcoin Weely NTV and Gaussian Channel signal accumulation timeThe idea is pretty straight forward. Some ideas are targeted at traders and others are targeted towards investors. This idea is targeted more towards investors than traders but it can be used by both.
Bitcoin is a decentralized payment network while also being the name of the native currency of that network and the satoshi is the smallest unit of currency. Compare that with the SWIFT payment system which uses the dollar as currency with the cent as the smallest unit of currency.
Sometimes the system is cheap to use, and sometimes the system is expensive to use based on the network fees. The NVT helps us find times when the network is undervalued in some conceptual way. What do investors want to do? Buy things when they are relatively cheap and sell them when they are relatively expensive. This NVT by aamonkey helps us do that.
Likewise the weekly gaussian channel also helps us identify when something can be undervalued historically and help us with some long term planning. Perhaps you find buying underneath the red Gaussian channel to risky, because of how low prices could continue to go. Maybe wait for prices to get back inside or above, depending on your risk tolerance and how you want to manage the stress of investing or trading.
Likewise the trendlines also give you some resistance to watch for break outs. I personally have some altcoins I have been watching for a while and I like how they are looking individually and against BTCUSD. I think I will be taking my investments on them for now and they will be in the linked ideas.
But either way I see it as time to accumulate, so I will.
TDOC (zoom in from bigger picture idea)I posted the bigger picture view in my previous post where I provided the context for this idea, which is my near-term projection with 2 most likely paths of price action from current level)... see context overview below:
To summarize:
- the main pattern I am watching is the completion of wave C of an expanded flat - this is potentially wave II of a larger cycle, invalidated if price drops below 9. A local bottom at 27.30 on May 12 fits the criteria as the 5th subwave of C of this expanded flat, which would make it a 2.00 retracement of wave B of that EF (wave B is also my primary wave 5 at the all time high (ATH) of 308 back in Feb. 2021.
- (1) - (2) of circle C was a double combo off correction off the ATH that broke down and has been forming the Z of a triple combo off the ATH that encompasses wave circle C of the expanded flat
- (3) - (4) of circle C ended in an expanding triangle around the 1.618 retracement of circle B, this resulted in a nasty gap down to the level that TDOC went public (~28).. this was necessary to realize the 5th and final count of circle C, and also to retest TDOCs IPO level for support.
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So now were here. The goal of the big money seems to accumulating shares and establishing a bottom at larger cycle wave II before beginning mark up. The move off the new low has the setup to be very explosive upside for a couple reasons:
- it will simultaneously complete the expanded flat correction and the primary corrective wave
- there is a massive gap to fill to the upside
- potential for short squeeze with over 23% float, and the entire market is a dangerous enviroment for shorts right now if names like TDOC, SPOT, EPAM, etc. (i.e. solid companies with significant near-term upside potential) trigger the squeeze
Here's what the chart and the math is telling me for TDOC - there is room next week to make a run to low-mid 40s (point target 46) and complete E of the new triangle forming at (5) of circle C. There is also evidence that wyckoff accumulation began after the gap down and is now in either phase b or c.
-if c, then the spring was just realized at D of the blue triangle, and the next thing we will see is a sign of strength to a level > blue A. Looking at the trendline resistance through the highs of blue A & C, TDOC just broke above that Friday 6/24, and made a low just above the resistance (indicating potential support). The marginal gap is at 46, so it is possible to see a test of marginal gap fill at 46, which would be the SoS, followed by a backup/retest of the upper triangle for support before markup. I am getting confluence for the initial target from current level = 46, so I am expecting that to be the next level reached from here {confluence: 46 is my time series forecast by July 15, 46 is the extrapolated level that will be realized if RSI makes it to around 70 and becomes oversold - bullish momentum pointing to that, 46 is the 0.382 of the upper part of previous triangle (i.e. (4) of circle C), and 46 is the marginal gap). Thus, if blue D was in fact the spring, then expect the solid black path to materialize and continue to around 60 (0.618 w.r.t (4) of circle C, and just above the nominal gap fill in the mid 50s). Would likely consolidate at ~60 before deciding if it has the fuel to begin larger cycle III. If so, the next target will be 93 by Jan. 2023. IF solid black path is realized then will likely see an impulse wave off the 2022 low that has just begun to materialize.
- if we are only in phase b of the wyckoff accumulation, then it is likely the spring will be at a lower low around 14-19. So the dotted black path is second most likely and would look like:
- pop to 46 to complete blue E
- drop to 14-19 to complete (5) of circle C, Z of triple combo, and ultimately larger cycle II
- pop to low 50s to mark the SoS
- retest triangle resistance around mid 30s
- pop to 0.618 at ~60, consolidate, and then continue toward 90s by early 2023
* indication in favor of solid black path materializing is via a proprietary method I developed using stochastic differntial equations. I won't go into the details here, but I have learned not to bet against it when it gives a bullish signal - I got that signal Friday 6/24. Also, the fact that we got bought up at the critical support around the IPO price is a good sign it doesn't need to make a new low... however, if they want to do one more shakeout before markup then they will take it lower
** indication in favor of dotted black line materializing is that the DMI at the daily level does not yet show the properties I'd expect to see if spring was already realized (sorry not shown), it does, however, exhibit the properties of a spring already occuring at the 2-4 hour intervals. Also, I use proprietary control charts as supplemental analysis and they indicate there is moderate probability that after 42-46 there will be risk to 14-19.
Here is my plan of action based on the above, as well as the linked idea of the bigger picture (this is not financial advice):
- Buying shares Monday and will add in the bounce zone of 14-19 if given the opportunity
- Buying Jul 8 2022 35.00 calls and looking to sell when underlying reaches 42 and then 46 next week (both paths are pointing to initial target of 46)
- Buying Oct 21 2022 50.00 calls with expectation we see solid black path, hedging with July 15 30.00 puts in case we see dotted black path - in which case I will exit the Oct calls if TDOC closes below 32 and then re-enter Oct 21 45.00 calls once TDOC bounces at 14-19 using the profits from the hedge.
Bye.
Drafting Some Early BTC Bottom StructVery draft events and key levels for a potential BTC accumulation. Wyckoff names are notional. Extremely loose contextual nodes. Interested to see some more structure form.
Expecting lower, would not be at all surprised to observe a fairly short accumulation and blast out of here.
Confirmation on HTF. Enter on LTF when money is moving in the market.
Potential long set up on $SWIRSWIR had a massive run recently and has had a healthy 20% correction to the 50 fib with an U/D ratio of just under 2, which is a good indication that institutions are accumulating this stock. Price is currently under the 78.6 fib and volume is drying up whilst price holds relatively steady; a trade targeting $25 and a stop at yesterday's low (also the open and near the 50 fib) gives 11% profits and a nice R/R
MICS looking strongLooks like MICS had a big insitutional buyer recently, showing a huge amount of volume come in that drove the price up after a 30/1 stock split. Price has held since then with an U/D ratio of over 2 - a strong indication that this is being bought by institutions. This could almost pass for a high tight flag too. There looks to be supply at $9.31, but a long trade with a stop at the 78.6 fib targeting $9.31 has a good R/R and potential 20% profit
Springish Obvious and typical *Drunk Spider Web* pattern unfolding.
DMI indicates we just saw the spring of a wyckoff accumulation phase - still needs to complete sign of strength and backup/retest before markup.
Within this zone can also see a triangle that broke out, then retested support. However, ROKU has quite a web of resistance - could swing long near term calls around 100 strike and hedge 3:1 (perhaps Jul 8 100c, Jul 1 85p)
Confirmation for big long would need to see a run from here to around 111, then test of around 100 and bounce from there. If that plays out I’d become very bullish with initial target 140. Not Financial Advice.
I WANT TO BE MORE THEN A BI WEEKLY PAYCHECKlook, sure if i had income coming in more frequently i would be accumulating every new low yet im glad that right now i don't because it allows more time to watch the market take shape. long term this coin we all know its where the world is headed, collapse of the dollar and migration over to digital currencies. my roommate told me yesterday that he would never invest in something he can't hold; sadly next two bull runs in the next 10 years will be ignored be alot of the masses that have this same sentiment and refuse to adapt. Have a good day lads