Accumulation
Wyckoff accumulation on GBP/CHF!Hello my beauties.
It seems to me that GBP/CHF is in a phase of accumulation.
The arrows indicate a rough idea of what I think the price action will provide us with, and they are not to be taken as an accurate forecast of what I think will happen.
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
$UUUU & *Completed* Wyckoff AccumulationThose of you who know me know I **LOVE** finding completed Wyckoff Accumulations. Today is a good day, because we found another one.
Introducing $UUUU. This stock has recently completed ~6 years of accumulation and appears to be in the early stages of markup. If you go through my related ideas of some other assets that have had similar setups, observe how those patterns ended up playing out. And bonus points here with how LONG (how much TIME) has gone into this pattern. This isn't like the 1 or 2 month patterns that crypto TA loves to go all-in with... this is ~6 years worth of effort to bring us to the start of what appears to be a major run.
Note: Don't get too caught up in FOMO - with a 6 year floor, I'd estimate it will be a year or two for the stock to hit it's ultimate top. Of course, the market is going to do whatever it wants and not ask our permission. If it pulls a GME and insta-moons with all of WSB, then the top will be found much, much sooner than a couple years (imo/nfa).
Link to schematic for review
school.stockcharts.com
<TradeVSA> Change of Trend in TuneproSignal in the chart:
Weekly Chart
1. Change of trend with High Volume
2. Price holding well above 20/40ma with 2 Green Pentagon
Wait for Green Pentagon in Daily chart for momentum trade
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
Btc; investment idea and heavy supportsHello everyone
As some of you know I use the % wallet strategy and I also like to explain my "layered investments" or Dollar cost average (dca) as some like to call it.
Anyway, we are currently holding about 34% crypto. Most of this was bought at 30k, 40k or even lower (1 year ago) but our most recent buys were at 45k zone. This were also alts (some of which are still in good profits: dot, lyxe, waves fully sold)
The next zones where I am aiming for are described in the chart.
I will be aiming for the 40-42k zone (where everyone aims for)
But a heavy buy is also under this at the (red square) 38k zone! Reason is 0.618 fib
Ending with the 0.5 fib zone: 35-36k. Also a bigger buy.
For now I want to reserve 49% stablecoins for a possible bearish leg, a lot has happened this year.. a lot of whaleplay too. The moneyprinter in the USA keeps printing and the SPX looks dangerously high. For this reason I am not going full bull atm. 51% is already a heavy investment for me.
If we go up from one of the zones and if things look more relaxed I will happily invest another 10% of the stablecoins.
Also I do not expect to hit zone 35k or even 38k, but who knows :-) we could be lucky!
can always invest extra later if we go up from here (45k). We got time enough since we sold 51500 past week and 64k a couple of months ago.
Overall.. I am feeling super bullish on crypto, but we simply can not turn a 100% blind eye to the stock markets as they are right now. As we like to say in the south of Holland "Everything beautiful knows an end". (Aan al het moois komt een einde). I believe. Haven't heard this saying for ages hahah.
Anyway, don't skip on investing right now but do reserve some funds for the 42k or even 38k zone. Invest heavily and we will probably swim in crypto money in a few weeks.
If not: we are all rekt because of stocks; we simply hodl and wait for another 4 years while buying the 25k minus dip with the rest of our 49% stablecoins (or less if we decided to fomo in some more in the coming weeks :-) )
Short Term Play 1 - XTZBTC Dear traders,
Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
Welcome to my new Short Term Play series.
XTZ/BTC clearly shows a path of accumulation (people buying the coin) and distribution (people selling the coin/distributing profits to other coins).
Every accumulation period has a fake-out before acceleration to the upside as depicted on the chart with white circles.
Target is in the chart.
Goodluck,
Doctor Hugo
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
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
Don't forget click like, it's a hug for me. Thank you!
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.
If you like the idea consider liking it, following me, and supporting me.
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
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.
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.
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Have a good day!