TOMOUSDTTOMO USDT in bullish in 4 hour time frame we can see the golden cross over.tomo will break the supply zone.the accumulation period is over i think.(educational purposes only)
Accumulation
short term shake out A break upside 63k, the lower part of range cycle, has still to happen to consider we are in fact moving upward leaving our TR.
A couple of LPS did happen, at our awaited zone of 61k and some more at 61.8k, followed by a shakeout to the downside testing the 61.5k area again, that was short lived, and totally normal, and telling us that price and ready to leave the trading range quite yet. The supply from this shakeout got all absorbed at our 61.5k area, pushing the price backup telling us that buyers are still present and serious, just a bit more slow.
Unless we going back under 57k-58k on heavy supply. I will keep having a buying bias and that we are going at least back o 64k-66k
Beautiful accumulation characteristic on the 1 hour overall
Idea of the 17th
''A break upside 63k would be a good sign that we are moving toward the zone, but it might retrace before. Since it is still into a cycle getting formed, and I am still waiting for a LPS to happen, for making this cycle even more legit. As I would expect this LPS to form around 61k.'' =
USDCAD - Looking for support at the .23100 LevelUSDCAD
BUY LIMIT @ 1.23100
Stop Loss: 1.23020 (Add Spread)
TP 1 (1R): 1.23186 (Scalp TP / SL→BE)
TP 2 (3R): 1.23356
TP 3 (5R): 1.23526
TP 4 (10R): 1.23950
Reason: Price showed strong resistance in this area in its last testing action to the left. I would like to see price react, and I will be waiting for a Break of Structure or a Wyckoff Accumulation Schematic for my entry. Alternatively, set the limit and cross your fingers 😅😅 Are you guys looking at the same thing??
BCDUSD - UPDATE BCD was one of our previous spot holdings which we took profits at 850% !
Now is time for a update as things are starting to look interesting again. the market since making a large correction has found support at the 0.786 fib and once again started to make a new sideways re accumulation, inside the sideways channel we can see the market is possibly forming this double bottom formation, waiting for a confirmed higher high above the sideways movement for a possible entry to long
GBP/CHF Accumulation Schematics!Hello my beauties.
I think GBP/CHF is on its way to complete an accumulation, which will lead the prices up strongly. I would buy on a successful retest of the trading range in red, after it has been breached.
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Peace.
Luca, TrickleDownFX
CORN ACCUMULATION AFTER DISTRIBUTION!Hello my beauties.
I think the price of Corn is on its way to complete an accumulation phase. If the price breaches above the red trading range and successfully retests, I will enter a long position before the markup.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
BTC DISTRIBUTION ACCUMULATION! Previous analysis was right.Hello my beauties.
I'm going to put my previous analysis in description, where I suggested a buy signal around 40k. What I would like to say is that it really isn't a good idea to go short on BTC at the moment, and that given the momentum it will most probably create a new ATH (all time high). I want to add that the price seems to be stopping around the previously defined trading ranges (red horizontal lines) and getting reactions from them, like stop hunting or sudden inversions to create liquidity.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
BTC Wyckoff Accumulation Schematic #1 study 27/7/21A study of Wyckoff Accumulation Schematic #1 and comparison to previous distribution.
It is possible that we have entered Phase D of a Wyckoff accumulation - an upthrust following a successful test of the spring from 28.7k (confirmed higher low on lower volume). We may now look for signs of an LPS/BU.
The current move from the test somewhat mirrors 14th - 18th April from the ATH. There have been 3 tests of the RSI extremes on both the accumulation, and looking at the RSI, this is the first time we've managed to reach overbought levels since hanging to the lows. There has been a high level of liquidations during this move upwards, similar to the move down from ATH - this is a sign of strength.
Time duration from PSY to mark down has been overlaid onto the current accumulation for comparison, and as a general target for what would be healthy following an ATH. Not to say that an immediate break up wouldn't be great, however the longer we stay in accumulation, the higher the probability of a larger move to follow.
What we would like to see (and/or):
DXY to breakdown from current local top, or two stay sideways without printing a higher high.
A break up of 40k to test the AR and potentially work on an SOS.
A range between 37.5 - 40k, with the lower bound holding as support and gaining strength for a push to the AR (likely good for alts).
A bounce from 35 - 35.5k to confirm an LPS.
RSI to hold and trend above 50.
Volume to keep increasing.
What we don't want to see:
DXY to break up and make a higher high (from the current area, it would represent a structural change to direction and continuation of it's run).
A breakdown from the 35 - 35.5k area. This would be a sign of weakness and builds towards invalidation of the schematic - caution should be used.
RSI lower than 50 or reaching back to oversold would not be ideal.
On-chain metrics still relatively bullish, with ongoing negative funding rates and BTC currently leaving exchanges. Fear/greed index also seems to be bouncing of it's lows.
My JB MA CHANNEL INDICATORWe all know that moving averages, in particular, moving averages of closing prices tend to be highly inaccurate indicators and frequently miss major tops and bottoms. In backtesting, they tend to be accurate some 30 to 40% of the time which is to my way of thinking unacceptable. On the contrary moving averages of opens versus closes for highs versus lows, when used properly avoid the drawbacks of closing moving averages, particularly when combined with a trigger. Shown above is my moving average channel method which uses the 57 SMA of Williams accumulation distribution as a setup or trigger. As shown by the arrows two consecutive price bars completely below the MA channel low and triggered by Williams below SMA constitutes a sell signal. Conversely, two consecutive price bars or more above the moving average channel high accompanied by Williams above its moving average constitutes a sell trigger. The moving average channel high, the red line is a 10 period Moving average of highs. The Moving average channel low, the green line is an 8 period Moving average of the low. There are at least a dozen applications of this methodology including its ability to spot trend changes, support, resistance, swing trades, market strength, market weakness, and more. I will post some of these additional uses of the moving average channel as they present themselves. Do note that in this chart there were two instances above the moving average channel high but these were not triggered by Williams AD and therefore the trend remains down for the duration of this chart. The methodology associated with my MAC is completely rules-based and works in any timeframe. Thank you my friend Larry Williams for developing your excellent version of accumulation distribution. Thank you Dan Wall here on TV for your brilliant coding of my work.
Jake Bernstein (RBT rules-based trader)
www.jakebernstein.com
PS to see the MAC in a bull market take a look at a daily chart of Netflix (NFLX)
CFX/USDT TRADE SETUP. 120% GROWTH EXPECTED.CFX has been under the accumulation zone for a while now. We can expect a breakout soon. The last time when it was under the accumulation zone and a breakout happened, CFX exploded almost 190%.
We may see a similar move happening anytime soon. 1st of November, CFX has its NFT event happening in NYC.
You can trade CFX on spot as well a margin trading (if available).
Entry: $0.2944 to $0.3472
Stop Loss: $0.2709
Targets:
$0.3994
$0.4527
$0.5485
$0.6341
Remember to accumulate as low as possible.
Note: This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
Do hit the like button and share your views.
H4/BAT Long Accumulation from $0.50H4/BAT Update: Slowly marking lower, 06:00 UTC, 12/10/2021
Still a long way off from $0.50 w/ 3x $0.05 cent price levels from it
Price crossing under the 200 EMA, along a freshly-created DTL
Buy orders hanging at $0.75 & $0.50 for an accumulation
Accumulating, slowlyI do expect it going back to 3., but a break on strong signs of maintained demand upside the 2.40 area would need to happen first.
And considering how selling interest has been showing an importance presence, I expect it to tap it 2.0 more times before it happens having it decreasing further more. Consolidate still to the right more accumulating.
Daily
And if you dissect it as a term of cycle, there's still place for a spring to happen. Which is a move under the TR that give a testing of buying interest at lower zone.
Weekly
Buying interest has been showing presence at the 2.0 area when price did test it on the 6 September & 20 September weekly close. As well as on the 27th and this time with less selling getting absorbed, but not a enough strong buying presence to make it break upside 2.40.
Supply has been decreasing week by week, but again, there's more absorption of it needed, or demand presence needing to manifest.
Going to put it as a sell as signal, because I don't expecting it to go up yet. And I can't have a serious buying bias till it has a change of character and major SOS breaking 2.40 happening. But on the longer term, I am on a buy bias. What I see it that we are into a accumulation cycle, that is still unfolding.
And it will all be updated as price move furthermore.
Wyckoff Accumulation Schematic #2 - Template - ATOM/BTCAmazing example of a Trading Range following Wyckoff Schematic #2.
In an accumulation range there is a equilibrium of Sellers & Buyers causing price to move sideways but unknown to many the large operators are slowly absorbing all the Supply of the asset eventually as sellers become exhausted it pushes the asset into a Demand phase where price increases rapidly.
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For more information check out Stockcharts.com, Wyckoff Introduction & Tutorial for beginners.
school.stockcharts.com
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See my last Bitcoin Wyckoff Accumulation chart (Schematic #1):
Updated Wyckoff Accumulation Chart for Bitcoin - Going to Plan Basic Introduction to the Wyckoff Method:
school.stockcharts.com
Current Schematic:
ibb.co
Old Ideas:
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Trading ranges ( TRs ) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand . Institutions and other large professional interests prepare for their next bull (or bear) campaign as they accumulate (or distribute) shares within the TR .
In both accumulation and distribution TRs , the Composite Man is actively buying and selling - the difference being that, in accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR ."
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In this Wyckoff idea we can see we have clearly reclaimed and broken out of the trading range, if you observe the below schematic I believe we are currently looking to put in #14 LPS at this stage, I would hope for an LPS around 35-36k but that is not a guarantee and if the Fear Of Missing Out is strong in this market then an LPS bounce at 38-39k would make more sense.
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To put it simply, I am expecting a retracement on Bitcoin and this to be the last great buying opportunity we have before pushing towards the earlier highs at $60,000 region again.
See the above Wyckoff Schematic and look at #14 LPS For cross referencing, this is the next stage we are looking for.
My personal buy in levels recently are in green, my target areas are in red.
Palantir..... a case of accumulation Idea is based on Wyckoff theory. Although the price action has elements of distribution present (e.g. the lower low on the secondary test in phase B which could indicate a minor sign of weakness), I believe a more probable scenario is that we are currently still in an accumulation phase. Price held at the selling climax level and both supply and downward result decreased afterwards.
We either are in the last phase of weak hands shake out where we will get one more test and upwards price movement, or we get a spring like action to capitulate weak hands and we resume to the upside from there.
Is Nasdaq currently in an accumulation phase? This Idea is based on Wyckoff's theory. Considering the current bearish sentiment in the markets, it is from a contrarian perspective not improbable that we are actually in an accumulation phase indicating significantly more upside for Tech stocks and the Nasdaq. Also, this aligns with my previous long term analysis of the VIX which indicates that the current bull run is far being over!
FOMO Ends At 60kWow, just wow!
We have literally slashed all the important resistances i mentioned in my previous post.
Except ONE.
One last beast is still waiting to be left behind at 54.200. Although we have crossed it with momentum, it's the most dangerous one that has sent us 25% down. It should not be lost at all costs.
Bad news is, we have also reached almost at the top of our upward trend channel as well. I see max 60k can be achieved with one last pump in the short term. That's only 6k or 11% from our current level.
In the mean time price action was like pumps and sideways in between, not suitable for TOTT which was giving false signals. So, i switched to the best option for sideways markets.
Tha gird bot.
Range between 47k - 60k, it buys & sells every 0.5% move. So, by the time (if) Bitcoin reaches 60k, i would have sold all my Bitcoin and ready to buy back at lower prices. So i don't need to worry about the price direction.
Finally, 60k would be my ultimate short target, while i'm slowly selling on the way and taking my profits.
This makes sense when you think about psychologic levels at every 10k. 30-40, 40-50 and 50-60.
We have crossed 50k too fast and everyone FOMO'ing in right now, should take profit early and exit, because this is designed to take your money. When you see Bitcoin as trending topic on Twitter, it's time to move towards the exit.
But hey, what do i know :)))
Trade safe!