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Accumulation

re-accumulation into the LPS of the accumulationThere's a lot of interesting stuff happening regarding btc formation right now, for started how there's a re-accumulation forming, that is also the LPS of the bigger accumulation cycle it is right now. Basically what I think; As for now, what I expect next is another touch of the 67k-69k, primarily because we are still upside the main support floor, which is the 58k-59k and also especially because price price is currently having an accumulation formation characteristic. There's an accumulation right now forming, which 63k was the spring. But considering the selling pressure at 67k-69k, I need a break upside it to consider higher zones, since a retracement to 50k could happen anytime if demand don't increase. As on the bigger TF reactions; Daily Weekly Monthly
COINBASE:BTCUSDLong
by bibsz
$AFMD Pump its been a while reasons for pump: after a long downtrend, price has formed a base above a 3 day demand block. price has had a bullish reaction off a triple tap of support (triple bottom). base looks to be accumulation with a bullish divergence on the daily RSI. unusually high v EMA's are beginning to turn upwards after much consolidation. looking to play the expansion phase of this consolidation, with an entry at the retest upon breakout. tp 1 = $8.47 (i expect higher) tp 2 = $11.00 stop below 12 hr breaker glhf
NASDAQ:AFMDLong
by DanielDimes
Bitcoin Black Friday Special Discount!Hi all, Now that the distribution play has revealed itself, i'm looking for the mark down and completion of distribution following a reversal to the upside. We had a similar but different distribution play last year early September and the pull back ended at Fib 0.5. If this profit taking and bonus collection of money managers repeat itself, we can expect a similar behaviour. A pull back of ~20% That said, as much as i want to buy Bitcoin at 49k, the reversal of fib 0.5 is at 54.300 adjacent to previous markup range POC at 54.829. But the liquidation requires taking this level down and some more. At this point the previous top of last distribution perfectly matches a retest of this level at 52.666 This should happen within few days so a new accumulation range will be created which will magically complete by November 26th - The Black Friday. This analog is from the previous disttribution and see how accumulation matches Black Friday. Amazing! Let's see how it plays out! Trade safe and use a stop loss!
Long
by BitcoinMillio18
10
10Y Bond Yield Bottomed?Every time I'm in doubt, I zoom out. The 10 year yield has been Consolidating in a channel for a while and it broke down and now is back in the channel. This is telling me rates may run up to at least the top of the channel around 3%. This will put pressure on the tech sector and high growth stocks. I believe the best place to be in this markets, is either out or the energy sector, the financial sector (banks) and consumer non-durables. I hope some of you see this and get on the right side. Good Luck!
TVC:US10YLong
by FreedomBuilder
TLM/USDT Long Accumulation before mega pumpAlien Worlds (TLM) has been moving in sideways since June. One of the major Metaverse projects in NFT and Gaming space hasn't pumped. This is a great buying opportunity before it breaks out of this sideway trend (Yellow box). We saw this pattern in many coins recently before a parabolic pump (Eg - Shiba Inu). When TLM breaks out this trend we will see a similar pump and possible 5x or 10x. This is not financial advice please DYOR. Currently, support at $0.16 range and major support around $0.069
Long
by CryptoCafeClub
5
Darkest Hour Is Just Before The Dawn!Are we surprised? Here are the exact words from my last post: We still have few more days and an unexpected shakeout is possible before the final move, perhaps on Friday may be? It came a day earlier, but i think it was still a good call. This is why i had my manual stop loss and TOTT ready in place. This time i've front-run TOTT and i'm taking my second short after the SC bounce. The SC - AR trades are the easiest to take in my opinion. Even i can take it :) They define the top and bottom of the trading range. So, now we have this new range bound condition, a possible wycoff accumulation with a spring down to 61-62k where everybody will start screaming bear market. That is when the new rally starts. Because Darkest Hour Is Just Before The Dawn! As always, trade safe and use the f**ing stop loss!
by BitcoinMillio18
17
cycle on the 15min, but also on dailyI do expect a move up to 70k, but I need a break of 67k on SOS to consider it . Unless it goes back under 58k on mad supply, What I could expect next is a retracement back of the daily-weekly actual accumulation. So as I stated, retracement testing back the last support of the accumulation cycle is what I expect next before it would break upward, since demand have been calming down for now. Which would be even better since it could give better entries on a nice dip forming on light supply, giving a great stop loss. Considering the heavy demand that has emerged, a retracement to 65.7k as first area to consider & and light supply showing there would be a good place to initiate positions. for a nice scalp long to 66k . { But what I could suspect is another move to 66k, then a real retracement back to 63k-64k, which a break under 65k-65.2k would be a sign of what it is doing, has to be monitored..} WHICH IS ALSO WHY STAYING CAREFUL AND MONITORING ANY LONG CURRENT POSITIONS, remains extremely important right now. From where I could at least expect another touch of 66k next before it could retrace lower; Re-accumulation on the 15 minutes Will be updated as it moves. Daily Weekly Monthly
COINBASE:BTCUSDLong
by bibsz
5
Phase C accumulation Seeing a accumulation cycle brewing , and would need a break upside 1.157 & light supply when it does to confirm that we are in fact leaving the cycle, and start aiming at 1.25.-1.35 as next target area. But as for now, as I see it only being into the phase C of the cycle, I would expect more testing of the 1.02-1.05, testing the spring, as next movement. And test of the it on light supply would mean a successful spring, and that next could give some nice LPS’s opportunities. 4hours Weekly Monthly Price will be updated as it moves more, and give more sign of the supply/demand weight.
KRAKEN:XRPUSDShort
by bibsz