Possible Wyckoff Accumulation Patterni think there is an Wyckoff Accumulation Pattern unfolding in the bitcoin chart and maybe it can big the last accumulation for bitcoin before the next pump
Accumulation
ALICE/USDT When will the boat leave the harbor?The volume trading is good for the breakout signal, if you believe in a nice weekly candle on monday and the growth continues so u can triggle Buy in shorterm or hold Alice for soon at there. BTC is running on my prediction at the beginning of the week and lay the groundwork for this weekend's effort to buy altcoins at good prices. I also consider the last few days a good accumulation zone.
Next targets are $26 and $55
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Bitcoin Wyckoff Update With Point Of Control LevelsHi all,
I've updated the wyckoff schematics with more details and adjusted the levels. We have just had the secondary test in phase B. I'm expecting the upthrust event to happen early next week when the Previous Weeks Value Low (pwVAL) is hit. This level is the exact level we crashed from 52k!
My goal with this trade is to take profit at the upthrust and buy back at the spring event as i'm already fully invested in Bitcoin.
I used volume profile point of control (POC) indicator along with my support & resistance levels in this analysis. It basically marks important levels on the chart.
Colors:
Yellow: Weekly levels
Purple: Monthly levels
Cyan: Daily levels
Acronyms:
wOpen: Weekly open
pwVAH: Previous weekly value area high
pwPOC: Previous week's point of control
pmVAH: Previous value area high
pwVAL: Previous week's value area low
mOpen: Monthly open
pdVAH: Previous day value area high
dOpen: Daily open
dPOC: Daily point of control
In addition to that, i used Fibonacci Time Zone (vertical blue bars) for possible reversal timing. Note that these are not wyckoff phases.
I'm probably wrong, good luck!
BTCUSDTIn bitcoin we are in small accumulation phase we need to break this phase upside and close above this green 200 EMA than we see higher highs again towards 50k 52k and 55k. otherwise bitcoin price also have strong 2 supports below you can see a wooden support is not too strong than next is iron support we expect bulls came here and push price up. if price break these supports than it goes to 40k and below. BUY ON THESE SUPPORTS After rejection in 1h and targets are given resistances. Price break this accumlation upside than buy and also you wait for retest than again buy.
Platinum Wyckoff analysis, Accumulation! 2150 TARGET!Platinum is in Phase D of an accumulation.
It breached a 13 year long trend that lasted from the all time highs in 2008 to the upside.
I'll be entering my long term trade around the 935/920 area.
The price is coming down to retest the long-term trend-line, and will be hitting 2150 according to my point and figure calculations.
Platinum is one of the most used metals in the electric car manufacturing industry, which supports the bullish bias, given the fact that huge oil companies are switching to environmentally friendly solutions.
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Peace.
TrickleDown FX
Bitcoin Wyckoff Accumulation On The 15 min TimeframeHi all,
In line with the primary uptrend, a smaller 15min timeframe accumulation is in play as the continuation formation.
Price is moving in a narrow spread, but things can change as the levels are reached and reactions can go wild.
I'm expecting an upthrust towards 48.300 - 49.300 where i will initiate a swing short upon confirmation of rejection, followed by sharp decline towards 42.779
Advice To Haters:
Don't follow me, learn TA and take responsibility of your own trading decisions.
BMN - Slowing momentum on weeklyAlthough I am long term bullish on this stock, the weekly chart there seems to be some signs of weakness in momentum.
Peaks are showing spinning top candles while RSI is making lower highs and lower lows; if we have a similar pullback to the previous two peaks, we may come back into a high supply zone around 0.150$ - 0.160$, which would create a new 'higher low'.
This may be the last point of supply before this moves very quickly upwards.
Dust Settles In A Trading Range (More Accumulation!)Hi all,
My last post was at the begining of the uptrend which is still in play however with a correction and sideways accumulation right under the sell wall.
That said, there's nothing concerning right now and i did not make any changes to my position.
However, since we are in a sideways trading range, we have an opportunity to take a short at the top and long at the bottom.
So, i will be looking for invalidation of an upswing at 49k before taking a short and vice versa for the downswing at 43k.
For risk management and hedging purposes, i'll not short 100% of my account, but instead between 15% - 50% and keep both positions open, unless one of them gets invalidated.
BTW, My 100k target has changed as we have continued accumulation. I'm now looking at $123k as the pnf horizontal count suggests and we keep on accumulating!
Normally i don't trade intraday charts, but this is a good opportunity i don't want to miss and besides, i'd like to practice some swing trade as i have lots of free time now :)
As always, trade safe!
BTC/USDT Correction Prediction We experienced a massive dump/correction couple days ago. This was expected as Bitcoin pump to 52k very quickly. We might see an impulse then another correction (may be more) before BTC turn bullish.
I have broken into different zones according to supply and demand based on fear and greed -
Buy zone (Support) - This is a zone where there is high fear where retail investors do nothing, but whales and institutional investors buy and pumping the price up
FOMO zone - where retail invest buying after the pump/reversal
Sell zone (Resistance) - Where big players take profit where high Greed
According to this we might see an impulse towards FOMO/Sell zone then a correction toward the Buy zone 1 again. If that is breached then we can see the price dropping to Buy zone 2.
This is not financial advice please DYOR
FETBTC, the end of the accumulation?On the higher timeframes, Fetch has never been in an uptrend, declined until end of 2019 and experienced a big big flat consolidation since 2020.
--> Maybe an accumulation by whales?
Price has made a Higher Low, we need to see a Higher High now. Easy entry, easy to adjust risk.
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<TradeVSA> Strong Accumulation. Low Risk Now ?Case Studies:
1. WCT
2. SPSETIA
3. GENM
Focus in this video:
1. How to combine weekly and daily chart
2. Sign of Strength with Green Pentagon in both timeframe
3. Background in the Accumulation stage
4. What is a successful Accumulation / Reversal ?
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
XRP doesnt have the market's Attention right now, But its comingNot a fan, just a trade. Wyckoff Accumulation breaking a pennant on a much bigger move, lets go!
NZDCHF POSSIBLE SELLS THIS WEEKNZDCHF WEEKLY OUTLOOK
This pair is basically giving us the rinse and repeat process. Two weeks ago we had a bearish accumulation that we took advantage of and we got it for buys, you can see that price had hit our full target. In doing so, we now have a bullish accumulation that we'll be looking to take advantage of.
As normal, we wait for the daily to close first with our REQUIRED candlestick confirmation before we even consider trading this pair for the week. If it doesn't, then the pair is no longer valid for entries.
If it does follow the rules, we scale down to the 1hr and await a BOS, where we'll be then looking for lower highs to enter for a sell. I have the 1hr level that I'm looking at marked off but it may change as the market plays out.
accumulation channel ?I think if we break strongly this mid channel range/line we should fly towards 73 k were bigger correction and further consolidation before breaking out and going paarabolic is indicated.
XRP/USDT 3yrs ACCUMULATIONSeptember is famous for price falls before mega bull runs.
Combining that with the fact that bitcoin makes an ATH every 3 years then we should be seeing crypto peak in December.
Watch for the 0.6000 zone as price might bounce from there
Price Levels for LSPD (Lightspeed Commerce Inc.)NYSE:LSPD
The lines represent the price level that has been traded upon or will be traded.
The more it hit the line, the stronger the level.
It can be use to set profit taking price or stop loss price.
Every level is of same significant until order flow trades upon it.
DYODD.
NIO: What you need to know about it!Hello traders and investors! Let’s see how NIO is doing today!
In the 1h chart, we see an accumulation . The support is at $ 36.68, which NIO retested twice, and the resistance is the $ 39.62, retested 3x. The 21 ema is flat, and it is always useless during sideways movements.
We have an open gap at $ 40.83, which probably will be filled, but NIO must escape from this congestion first. It is interesting to note that NIO has no other meaningful resistance besides the $ 46.36, and if we see an upwards breakout from this congestion, this is going to be our target.
In the daily chart, the situation looks interesting. It seems the $ 39.62 is a pivot point , and this could work as a nice reversal for the mid-term on NIO. We already did a higher low, if we trigger this pivot point, and do a higher high, it’ll be perfect.
Probably we’ll defeat the 21 ema, and the next target is the $ 46.36, as we said, as this was the previous top level.
However, it is a little too soon to assume anything, so, let’s wait for more confirmation. NIO looks promising, but it must trigger its signs first.
If you liked this analysis, remember to follow me to keep in touch with my daily updates.
Have a good day!
BTC showing signs of accumulation on 15 min tfBTC showing signs of accumulation on 15 min TF, there might a impending up move towards 60k levels.
XAUUSD - LONGConsider the development of an North Impulse after the price has crossed the POC of accumulation . The target is the supply zone.
XAUUSD - LONG
ENTRY PRICE - 1806.00
SL - 1794.00
TP - 1851.00
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GBPJPY price 8H channel retesting?GBPJPY After a month-long battle out/ above the 📈4H/ 8H channel, the price came back to retest it last week at around 149.000 level. It accumulated around there for a bit and now it looks BULLISH, probably re-accumulating again, before taking off.
Historically I'm aware that GBPJPY likes to respect 0.618-0.786 FIB retracement areas a lot. 👍And I'm couting on the same happening here this time as well.
I'll keeping my eyes on the SPRING/ weekend break inefficiency Area for price action, and a potential ⬆️LONG entry.
🚨Setting my alerts at around 149.900, and we'll take it from there.
Have a great rest of the week.
USDCHF nice Wyckoffs in August, will the accumulation hold?USDCHF We're currently in a long lasting upward channel. Price creating LLs and LHs, currently creating another LL with a SPRING?
August showed few clear Wyckoff schematics and I'm considering some setups around the mentioned areas (especially 0.90500 - 0.91000 area).
With still some room in the Stoch for an upward move on higher TFs, the 1H is showing signs of retracement around 0.91000 area.
If we'll get to the SPRING area this week, I'll be looking for LONGS within the current accumulation (Spring / LL >> TEST).
GBPUSD strong rally.. a correction? or a trend-reverse thingy?GBPUSD price retraced to the 0.618 - 0.786 area 📈after a Monday rally, almost reaching my POI at around 1.37600. The Stoch enters the oversold area on 30m and 1h.
With a small re-accumulation 📊around 1.37000 the price broke that level and is currently heading higher. It can retrace back to around 1.36800 and head even higher to >>POI<< and 1.38000.
I'll be looking closer for a distribution signs between 1.37400 and 1.38000, looking for some nice setups to SELL ⬇️up there.
On the other side, if the price pushes down strongly below 1.36800, we can get action around 1.36600 later this week.
So, a correction, or a change of trend? I'll keep an eye on GBPUSD this week. 👀
NZDUSD this week price action analysisNZDUSD >> after a nice accumulation over last week, we finally got to a mark-up closing in to a 0.618 - 0.786 FIB retracement area. 📈
What's happening next? Few options here. Either we'll enter into a distribution, which can nicely fill up the inefficiency around a round 0.70000 level and continue lower to 0.68000 OR we can keep getting higher to target some SLs around 0.70500. Time will tell.
📯With plenty of fundamental news coming out this week, we've got something to ponder on.
I'm keeping my eyes 👀on NZDUSD this week. If any opportunity arises, we may get into some nice trades setups. Have a great evening.
