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Accumulation

Wyckoff accumulation Schematic 2 setting up in the market:My thoughts on the crypto market looking at the HTF to the LTF setups playing out in these lows in altcoins. Im thinking we capitulated into HTF key demand levels and SSL in August for the august monthly candle leaving a large downside range in most pairs creating the sellers climax (SC) event with huge volume nodes and wicks, starting the initial phase of the accumulation process in this local range and stopping the previous trend. We have then ranged further and reaccumulate in the August candle in key levels creating the AR, ST and UA events in the range. Then as we moved into the September monthly candle where we failed to run the august lows with the ST event in phase b, as seller volume droped off as price tests the range lows indicating a lack of sellers after the SC event, giving us a possible wyckoff accumulation model 2 taking place as shown in the schematic below. In turn leaving SSL intact on the august lows below $49,500 which we may not run, whilst people expect another sweep lower to take the LTF range lows, not realising its a potential accumulation range setting up in a larger overall range from the capitulation, without the need for an external LQ sweep to the lows again. Im seeing a lot of coins following last points of support in accumulation structures on the LTF in key levels, flipping LTF bullish on the daily and now pushing higher. Im thinking we see a possible expansion set up for October Q4 out of the lows in line with LTF bullish structure, going from LTF bullish accumulation following last points of support (LPS) into new HTF bullish structure as we come into Q4. Thats kinda how im seeing the market set up right now and im leaning towards not seeing a further crash lower into new lows and the prior August lows for the most part just yet and more so towards this being an accumulation range with a pullback to LPS before a new bullish move higher into ATHs
BITSTAMP:BTCUSDLong
by marshyyy
11
Island Gap Potential, Dark Pool Buy Zone, HFTsThis stock has the potential to form an island gap, which are caused by High Frequency Trading activity that triggers on news. The gap down was too huge, so fundamentals are above the current price. This would be a gap UP potential at this point, to create the island gap. The lows have been established clearly, so selling short this stock is not wise. But smaller funds and retail may try, as they tend to sell short stocks within a Dark Pool buy zone. Chaikin Osc and Money Flow Index are moving upward but the angle of ascent on price is steeper. The faster price ascent could be rapid accumulation from derivative developers. UIPath creates software for Robotic Process Automation. It was one of the stocks discussed in the Case Study I did with my students in the summer of 2022 on the disruptive new technologies to watch over the next decade.
NYSE:PATHLong
by MarthaStokesCMT-TechniTrader
Why I won't be 'shaken' out of my Silver-accumulation longs Please, check out my charts. The 4HR, Daily and Weekly. How bullish is looking for Silver. Today's price-action has already taken out last weeks high. I recommended to many of the traders following me here on TV, to get into a Long position(s) in Silver today. Why? Well without even speculating on the FED making it's move on interest rate reductions & where my personal view is the obvious one that the Gold price is going to skyrocket, notwithstanding this the Silver chart on the high T/F's is so bullish at the moment. If one of the Gurus tells you to sell Gold or Silver at the moment and take TP, you are losing the compounding effect of accumulation IMHO. Just chuck on a loose trailing stop. But make it loose because the market-maker 'coats' will drive price down to your stop & take you out. I see it time and time again, which is why I generally only use 'soft-mental-stops'. I'd rather lose the lot myself than have a coat take me out.
EIGHTCAP:XAGUSDLong
by Easy_Explosive_Trading
Bitcoin (BTC) in Critical Consolidation PhaseMarket Observations: Despite good news and rising equities, CRYPTOCAP:BTC is consolidating and moving sideways, which isn't a strong sign for bulls. Key Levels to Watch: Support Level: $60,000 – This level must hold, or BTC could move towards the downside. Breakout Level: $62,500 – A clean break above this level would demolish the bear thesis and likely trigger long FOMO in the markets. Current Market Range: BTC is still in a massive range, similar to summer 2023. If the fractal pattern follows, this accumulation phase could continue for another 35 days. Market Outlook: Stay cautious as BTC consolidates, and keep an eye on the key levels that could determine the next major move. #Bitcoin #BTC #Crypto #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #SupportAndResistance #Consolidation #FOMO #Fractal #Accumulation
by Richtv_official
MATIC: GENRATIONAL BOTTOM IS IN!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! Welcome to this MATIC/USDT UPDATE MATIC looks amazing in the weekly time frame. Last time when MATIC accumulated in a 610-day channel it led to 20,000 Returns. Now, it is forming a symmetrical triangle kind of structure and accumulated in the triangle for more than 1200 days. Right now, it is sitting at the lower trendline of the triangle and also holding good support here. Buy some now and add more in the dip. Must Hit Targets:- $2.84/$4.72/$7.16/$9.88 Overall it's a double-digit potential, so leave some % for a moon bag🚀 What are your thoughts on MATIC's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
MLong
by CoreCrypto1
1
Accumulation and High UncertaintySummary The analysis of the current exchange rate reveals a period of indecisiveness, as indicated by the symmetrical sideways triangle and low trading volume. The application of the Fibonacci Retracement confirms the price accumulation between the 38.2 and 61.8 levels, highlighting uncertainty and high risk in positioning. Additionally, the technical analysis with moving averages and MACD does not provide a clear direction, with MACD suggesting a potential new trend due to divergences. A comprehensive approach requires confirmation of scenarios from additional technical indicators. The analysis suggests a wait-and-see strategy, warning of the risk associated with significant price accumulation. Trend Determination The direction of the exchange rate is not clearly defined. It is bounded by a symmetrical sideways triangle and moves within the entire range of the formation. This formation suggests indecisiveness and is characterized by very low trading volume. To investigate the current formation, the analysis will expand by reviewing the movement of the past two years. Using Fibonacci Retracement on the range of the downward movement, the current movement is confined within the 38.2 and 61.8 levels, indicating significant accumulation and indecisiveness. Positioning trades when the price moves within these levels entails very high risk. It is also important that the upward corrective trend was halted at the 61.8 level. Based on data from the chart and literature on the symmetrical triangle, there are no clear indications for future price movements. A wait-and-see approach for a bullish or bearish price breakout is a moderate strategy but reduces considerable risk for the portfolio. Fibonacci Support and Resistance Levels Fibonacci Retracement Given the significant price accumulation observed recently in the exchange rate, the Fibonacci Retracement tool will be applied over a longer-term horizon. Specifically, it will be applied to the previous significant upward movement to delineate the price levels indicating the beginning of a new upward or downward movement. The first scenario involves an upward movement of the exchange rate, with 1.06916 being a significant resistance level. Its breakout increases the likelihood of rising prices. The second scenario involves a downward movement of the exchange rate, with 1.02163 as the first price level. Subsequently, breaking 0.97410 further supports this scenario. These scenarios require confirmation from other technical indicators and studies; they cannot stand alone for decision-making and trade positioning. There are significant risks and peculiarities in the case of intense price accumulation due to substantial market participant pressure. Fibonacci Expansion Similarly to the previous case, the Fibonacci Expansion will be studied in the previous significant upward movement. The peculiarity in this case is that an estimation of levels can be made if the exchange rate moves upward. Attempting to identify levels in the opposite direction has a high probability of incorrect estimations. The resistance levels that appear to exist, and their distance from the current price, are as follows: A) 1.13062 – 400 pips B) 1.17815 – 876 pips C) 1.25504 – 1645 pips Technical Indicator Analysis Moving Averages The current exchange rate prices are between the moving averages. The distance of the current price from the moving averages is statistically insignificant and cannot be utilized for further analysis. Thus, visualizing the moving average results does not provide reliable conclusions about the exchange rate trend. MACD The MACD is positive and on an upward trajectory, but its momentum is not satisfactory. Visualizing the MACD results shows divergences between the MACD trajectory and price trajectory. The existence of divergences at this time could mean that the exchange rate might establish a new trend. The MACD results are unclear and do not provide actionable data. Stance: Neutral | Outlook: Neutral | Risk for placing orders: Extreme
by Forex_Analytica
ONDO (ONDOUSD): Spot Trading Opportunity Amid Bitcoin BottomWe are screening through some altcoins for potential wick trades on a possible bottom on Bitcoin and found interesting levels on ONDO. Current Analysis: We are looking at the spot chart here as we would plan on entering spot rather than perpetual, but technically, you could do it. We got multiple levels here that support one idea, getting support from the 3D demand zone and the HVN POC (point of control). We got both the 3D and the D FVG above/on the demand zone. In an ideal scenario, we would look at a wick into this demand and nothing more. If this doesn't hold, we would target the second 3D demand and the 3D BPR down below. Everything in between seems irrelevant for a spot trade. Strategy: Our target would be above the current high. If we place a target, we will cover it in a market report as usual.
Long
by freeguy_by_wmc