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Accumulation

[LITUSDT] Patience will be paying! End of falling wedge.Hi all! LIT has been struggling for a good month now since that huge flashcrash 18th of April on all altcoins. As you can see nevertheless, it stayed in that long accumulation area since its listing on Binance. Even though volume is still low, I'm still strongly bullish on it for the next few weeks. You can also notice a strong falling wedge on daily timeframe within this ranging zone. Fundamentals are really great and LIT is really a one of a kind project in its niche. With Polkadot's main event around the corner, we can even expect some potential massive news that would fit perfectly with this current bullish chart. A slot on Polkadot's auction would be a great news! RSI is still very low and MACD's histogram shows a light reversal. As we are trading under all EMAs on daily TF, we can expect to trade above them if we manage to successfully break this falling wedge by the top. Dotted line represents a potential resistance we will have to break. We'll definetely reach the top of that accumulation zone soon (around $13) and then hopefully go for another ATH. All indicators clearly show we are currently accumulating. And guess why people try to get more of something..? ;-) This is not an investment advice, always do your own research. Good luck everyone!
Long
by cryptologyy
2
MITH/USDT - small cap - big potentialMITH/USDT recently caught my attention as I was looking for smallcaps with decent chart setups and fundamentals that align with potential breakout zones. With a marketcap of only 80 million right now there's great potential for multiplying your money once it takes off because not a lot of money is needed to move the market and that is also what makes this a high risk - high reward trade, only invest what you can afford to lose and are willing to keep locked in the coin for a while. Circulating supply and max supply is both 1 billion so you don't have to worry about sudden watering down of the supply or increase of marketcap without moving the price. Right now we can see MITH sitting right on uptrend support of a big symmetrical triangle on the 4hr chart and also on support from the prior bottom which makes this area a good buy zone in my opinion but we also have to be careful about BTC potentially screwing with those plans which is why I'd recommend to slowly accumulate over time. MITH recently merged with Corra.Finance to implement Defi and NFT's for MITH which in the current market may cause a big push and spark in interest for MITH. Corra.Finance will go live today and the IDO for it will be on the 15th of May. These dates coincide well with the chart setup and make me very bullish on the future of the project. If you do not want to risk potentially getting stuck in a slow bleed and don't have the patience for a medium / longer term trade you could wait for a breakout first but in this case that would mean buying 50% higher. No stop loss on this one for me personally due to very thin order books, too much risk of getting stopped out by a wick and then also massive slippage on top of that. Sometimes we also see patterns like this drop down first and breaking out with a slight delay so if anything I'll be adding more if that happens, I've marked the potential re-buy zone in the chart. Best of luck and let me know what you think!
MLong
by Wolfy_
MICROCAPS - DPLSAlgorithm has given entry signals for Darkpulse - Darkpulse is an under the radar, future potential tech disruptor and monopoly. - We believe that Darkpulse shares many similarities with Palantir, and will see similar outsized moves. - Darkpulse will see incredible benefits from the coming infrastructure, tech, energy, defensives boom cycles. - Potential technical breakout after consolidation and accumulation. - Invalidated if the rally turns to a sign of weakness and turns to further accumulation. - Attached Fundamental Analysis. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
OTC:DPLSLong
by UnknownUnicorn1043646
1
XRP ready for the last DUMP before MAJOR PUMP - BUY OPPORTUNITYXRP is on the precipice of the last Dump, before a MAJOR PUMP headed for the ATH. Price action is now headed for 2 specific areas in the chart, which cointain a massive amount of liquidity that will help to be used to pump a very strong reversal. The main Technical Factors are: (Based on WEEKLY Chart) 1/ Between 0.11100 cents and 0.06200 there is a WEEKLY LIQUIDITY VOID 2/ There is a Breaker that has NOT yet been retested, at exactly 0.06200 3/ A double bottom was formed inside the price region of 0.17131 Note that the double bottom was finally formed (on 22nd June Week) to induce institutional money/traders to go LONG There is a ton of institutional money sitting there in the form of Stops. The algo used to move the market, is based on 2 primary functions. Produce and retest, liquidity voids, orderblocks and breakers. Thus, the Market Makers (Manipulators) are now coming back for this liquidity and once stops are taken out (which go down low as far as 0.06200 cents) the liquidity will be used to pump the market back up to the previous ATH (a super reversal) to approx $3.80 and beyond. The main Fundamental factors are: 1/ The SEC is suing Ripple, claiming they sold a security to fund their company, back in 2013 2/ There is a 5 year statutory limitation on such issues, where any alleged tort that occurred more than 5 years ago, cannot be prosecuted. We are 7 years from the tort, thus past the 5 year limit. The case against Ripple will be thrown out of court, which is set for a hearing on the 19th of January 2021. References: * www . paulweiss . com/practices/litigation/securities-litigation/publications/us-supreme-court-clarifies-scope-of-5-year-statute-of-limitations-in-sec-enforcement-proceedings?id=12684 * dailyhodl . com/2020/12/29/first-court-date-set-in-landmark-case-pitting-sec-against-ripple-labs/ 3/ The SEC Claim that XRP is a security. However XRP CANNOT be a security because: a) XRP existed BEFORE Ripple was even a company. XRP was Originally OpenCoin and was made by 3 people, 2 of which work in Ripple, the other heads the XLM project. b) OpenCoin was Gifted to Ripple many years after it was made, then Ripple changed the name to Ripple Coin and finally to XRP c) If Ripple were to cease business tomorrow, XRP would still be traded on the markets, because it is NOT a representation or Share/Stock of Ripple, it is a Coin, it is a currency/commodity. d) XRP does NOT pass the Howey test, it is NOT a security. By the SEC saying that XRP is a security, is stating the same as me being able to buy Amazon stocks, BEFORE Amazon was even a registered company. e) There are many more legal points to consider, best place to find that would be to start here: * newconomy . media/news/california-court-refused-to-support-sec-in-the-case-of-recognizing-a-cryptocurrency-token-as-a-security * www . investopedia . com/terms/h/howey-test.asp 4/ In the markets, both Regulated and Unregulated, we often see Dump and Pump scenarios, mainly organised by whales who are able to 'induce' panic selling, so that the amateur and inexperienced investor, will dump their holdings, thus inducing a mass sell off which gives downward pressure to the market value of the commodity/coin/stock. We don't have to look that far back when we can recall in 2017, JP Morgan CEO Dimon, stated that 'Bitcoin is a scam', only to induce a panic sell off of Bitcoin and then the very next day, JP Morgan were found out to have 'bougt the dip' thus buying the majority of bitcoin sold off, at 'discounted' prices. A trick where when used in 'regulated' markets, lands the institution in hot water. Due to the fact that crypto is NOT regulated, yet, institutions can get away with such skullduggery. 5/ The obvious game in play here, is to remove as many amateur holders of XRP as possible, to induce a mass sell off, purely based on Fear and rhetoric. Dump the price down to the previous breaker (An Orderblock that has had it's structure broken), and retest it, thus using the liquidity that has been sitting there for around 3 years to help pump the price upwards. 6/ Note that when stops are taken out, it doesn't only concern institutional money, it also carries with it, amateur and funds management positions, which usually get liquidated in the Derivatives/Futures market. This greatly contributes to the upward pressure of the market price, thus you will notice when observing whale feels in telegram (for example) when LARGE and SIGNIFICANT long positions are liquidated, the market price is pushed down, thus a dump occurs. When LARGE and SIGNIFICANT SHORT positions are liquidated, the market price is pushed UP and a Pump occurs. 7/ Ripple are the only Crypto company that has been following the SEC regulations and preparing themselves properly for Regulatory framework. So many staff have been hired by ripple that were previous employees of the SEC, which ensures conformity with regulatory framework. 8/ This last dump that is due to occur, will be the last dump before a massive pump, which will see new ATH achieved. Although I've explained above how the reversal is achieved in a Technical sense, there is also a fundamental aspect of this and that is directly related to the XRP/BTC market, rather than the XRP/USDT market. This is directly due to the impending SEC determination that the USDT Tether coin was and is Fraudulent, and upon the SEC determination, will induce a mass exodus of liquidity FROM BTC ---> TO XRP, thus producing the massive pump we have been expecting. The liquidity from both Stops taken out as well as liquidity at the breaker, plus all LONGs that will be taken out and accounts liquidated will ultimately all contribute to the massive pump that we are expecting to happen. 9/ The games people play... As we note, such games are played out in diverse markets. The crypto market is not any different to other markets throughout the hundreds of years they have been around. Crypto, although very young in comparison, is not immune to market manipulation, especially because it is unregulated at present. Please take some time to have a look at the following 2x charts, where a comparison between XRP ---> TESLA & tradingview . com/chart/XRPUSD/spRskwyU-Game-TSLA-CEK-18-XRP-CEK/ XRP Comparison and alternative (retail) analysis tradingview . com/chart/XRPUSD/N8zebeLo-XRP-USD-2018-08-09-200-2020-12/ *********************************************************************************************************************** * A note to the BTC maximalist that wants to comment with FUD and negativity on this chart. - Before you start shooting your mouth off writing XRP is a scam, you should be more concerned about your own Bitcoin as there is a MAJOR SEC lawsuit already in motion against USDT Tether. The Tether coin IS fraudulent and was used to initially pump the price of Bitcoin. We all know that USDT is NOT backed by anything and IS FRAUDULENT which means once the SEC is done with Tether, Bitcoin is expected to Dump extremely hard, probably down to the region of anywhere between $100 to $5K. Yes its a broad price range, but never has such fraudulent activity been experienced in this crypto market using so much fraudulent coin USDT. - Re-read the above fundamentals statements to understand more about the XRP case and it's merits. - You should remember what happened in 2017 with JP Morgan CEO Dimon, where he badmouthed Bitcoin stating it was a scam, and the coin dumped particularly viciously, only to be bought back up by JP Morgan themselves at 'discounted' prices. Its all a big boys game and Bitcoin maximalists are little children playing in shark infested waters. Better wake up now before you all get burned - Between the dates of the 15th of January till the 29th of January, 2021, we should see BOTH SEC cases determined. This should be that XRP is NOT a security and has NOT violated any regulations and XRP is NOT a security (see above again for a refresher) and that USDT IS fraudulent, not backed by gold or cash and was used to pump the price of Bitcoin. Thus expect a massive exodus of Bitcoin directly into the XRP market, pumping XRP higher past any logical targets we currently have. - Everytime there is a massive dump, made in this way, it is usually followed by a super massive pump. There is GREAT buying opportunities here, not a doom and gloom scenario for XRP. But if you own Bitcoin, you might want to dump it now before the official bitcoin dump occurs during the SEC USDT court determination that USDT IS fraudulent and was used to fraudulently pump bitcoin. Main reference here: * coindesk . com/crypto-traders-lawsuit-claims-bitfinex-tether-cost-market-over-1-trillion * fxstreet . com/cryptocurrencies/news/us-treasury-to-consider-stablecoins-as-security-202012301155 *********************************************************************************** These are my thoughts and opinions, this is not financial advice or investment advice. Trade & invest at your own risk. Education is the best form of money & risk management. ***********************************************************************************
BITSTAMP:XRPUSDLong
by Market-Pip-Factory
DIA/USDT printing Livermore"s accumulation cylinder 💥Hello tradingview army, I hope everyone is doing good and taking care of themselves 😇 Lets talk about DIA/USDT today, As you can see in the chart DIA is trading in broadening wedge which is nothing but Accumulation cylinder of legendary trader jesse livermore Right now price is in a accumulation zone , if price go as a pattern we will able to see a massive parabolic rally in DIA/USDT. Thats all from my side , thank you !!!
by divineswaroopa
1
$BTC Re-Accumulation. Phase C?I believe we could be seeing a phase c of our re-accumulation structure. We are seeing a lot of speculation and fear in the market which has been incredibly greedy and overheated. RSI is approaching the oversold condition for the first time since March 2020 Covid 19 Sell off which was a spring action. I expect institutional buying to take place around the 43 to 42K level. I think this could be an incredibly good buying oppurtunity with risk managed accordingly. Be fearful when others are greedy and be greedy when others are fearful...
BYBIT:BTCUSD.PLong
by PistonHonda
2