A great opportunity on Livepeer (LPT)?Livepeer BINANCE:LPTUSDT seems to be giving us a great opportunity by retesting the top of its previous accumulation range. The Perfect Cloud (BPC) remains green, indicating that the uptrend is intact for the time being.
This retracement back to this very strong structural level is further reinforced by the Vegas Daily (blue cloud) of the Trend Identifier (BTI) !
Accumulation
The next decade belongs to Latin AmericaFor the past decade, decision-makers in major banks and multinational companies have been focusing their attention on one of the hottest "growth frontiers": emerging markets.
During much of the 1980's the prospects in most emerging countries were quite bleak: the debt crisis, inflation and domestic political turbulence.
Then a number of "economic miracles" began to pop up, drawing attention to specifically Southeast Asia, the Indian subcontinent, Eastern Europe and toward the end of the 80's, Latin America.
Latin America struggled with the heavy burdens of the debt crisis, hyperinflation, recession and the transition from authoritarian to democratic governments. Most analysts call the 80's Latin America's "Lost Decade." Most governments in the area came to the realization that they were gradually becoming irrelevant to the investment decisions of major international players and that they would slowly but surely lose ground to Asia and Eastern Europe in the competition for capital and employment opportunities. The region's trade with the rest of the world increased but at a slower pace than in countries at similar stages of their development. Latin America largely remained an exporter of primary goods. In fact, beside the popping off of just particular industry sectors and multinational companies, Latin America never saw a bullrun as a continent.
After lagging behind big players like India and China during the Era of Markets (1989–2019), where there was a remarkable increase in global economic interconnectedness and rapid adoption of digital technologies, now it's time to shine for Latin America and to catch up to OECD economies.
The next decade is expected to be a transformative period for Latin America with many countries experiencing rapid growth and development.
Economic Growth : Latin America's economic growth is expected to continue, driven by a combination of factors such as increased trade, investment, and infrastructure development. The region's large and growing middle class is also driving consumer spending and demand for goods and services.
Regional Integration : Latin America is also expected to strengthen its regional integration, with initiatives such as the Pacific Alliance and the Mercosur bloc aiming to promote trade and cooperation among member states. This will help to increase economic competitiveness and attract foreign investment.
Demographic Dividend : Latin America is experiencing a demographic dividend, with a large and growing population of young people entering the workforce. This will provide a significant boost to economic growth and innovation, as well as help to address social and economic challenges.
Innovation and Technology : Latin America is also expected to become a hub for innovation and technology, with many countries investing in digital infrastructure and innovation hubs. This will help to drive economic growth and create new opportunities for entrepreneurship and job creation.
Emerging countries now represent the clear majority of the world's population. Their growth prospects range from 4 to 5% per year in Latin America, 6 to 7% in East Asia and up to 10% in China. These are typically two to three times the expected growth rates of developed countries.
In all of these countries, growth will invariably entail the expansion of new middle classes, with outsized needs for consumer durables, housing and mobility.
The MSCI Emerging Markets Latin America Index e.g. captures large and mid cap representation across 5 emerging markets countries in Latin America. This index is one of the most trusted measures of how these stock markets in the region are performing. However, all the constituent countries do not have a proportional representation in the index. The country weights in the MSCI Emerging Markets Latin America Index are mostly Brazil 46.6%, Mexico 36.51%, Chile 9.79%, Colombia 4.17% and Peru 2.93% with sectors like materials, energy, consumer staples, common services and financials.
Looking at the Index from a technical macro standpoint we can see clearly almost 20 years of an (Wyckoff) accumulation period (with the launch in 1990 probably even longer) and sideways movement resulting in a kind of created bull flag signaling a continuous coming-in of buyers and losing steam of sellers.
Furthermore the monthly RSI is printing higher lows and higher highs which is an indicator for a steady uptrend and positive momentum shift towards the upside.
No doubt, Latin America is gonna flourish the next decade(s) marking a significant transformation, with the region poised to emerge as a major player on the global stage.
THETA: Towards retesting a huge accumulation rangeBINANCE:THETAUSDT has a somewhat similar configuration to the BINANCE:LPTUSDT we talked about in previous weeks. It is showing a very strong retracement, allowing it to come back to the upper region of a huge accumulation range.
This type of movement is often a real opportunity for late buyers! Especially as this zone on the Theta Network is completed by the two biggest Vegas (Daily and Weekly) of the Trend Identifier (BTI), which overlap entirely, providing very solid support.
A move back towards $1.75 therefore looks like a great buying opportunity, especially if we get a complementary signal from the Reversal Identifier (BRI).
Otherwise, THETA could lateralize on its current level just to recover from its recent heavy fall, before resuming its uptrend.
XCH /USDT (Chia) Main trend. Horizontal channel 11.6 monthsLogarithm. Time frame 1 week. Main trend.
Maximums trend. False targets.
KuCoin exchange chart. At the peak of pumping, under the bull market hype price was HKEX:1600 (OKX exchange, where there is also a significant volume of trades). This price should not be considered in TA because it was made (more than 2000$) at listing and with super low liquidity. Resistance levels (target sell zones) are marked in different colors for clarity. Remember, the less you set targets in the trading tools (coins), the more you earn at a distance in the market.
The horizontal channel zone (accumulation of almost 1 year).
At the moment of publication, the price has been moving for 350 days (11.6 months) in the parallel horizontal accumulation channel with the step of 108.4%. This is a good sign. The price is now in a squeeze (the average price of this accumulation).
This is what the trend looks like on the line chart.
Stop Loss Zone. Rationality of the strategy.
I would like to emphasize that the stop loss under the support of this accumulation has not been knocked out (reset) at this point. This is not a mandatory action, but it is common. Just keep it in mind and consider it a conditional temporary risk, so to speak. To minimize this contingent risk, use a stop loss or, more rationally, work at an average buy/sell price. Let me remind you again that the price is now clamped with orders on the exchange (it has been there conventionally for 6 weeks) and this is the average price of this parallel channel.
I deliberately showed the percentage values of the main support/resistance zones in case of the price compression (6 weeks in a very narrow range) on the chart for orientation and understanding of the logic of work.
Secondary trend Time frame 3 days
XCH /USDT (Chia) Secondary trend. Channel.
XCH /USDT (Chia) Secondary trend. Channel.Logarithm. Timeframe 3 days Secondary trend. Zone of the horizontal channel.
Zone of the horizontal channel (accumulation of almost 1 year).
At the moment of publication the price has moved in the parallel horizontal channel of accumulation for 350 days (11.6 months) with the step of 108.4%. This is a good sign. Now the price is in the compression zone (the average price of this accumulation).
This is what this horizontal channel zone looks like on the line chart.
Stop Loss Zone. Rationality of the strategy .
I would like to emphasize that the stop loss under the support of this accumulation has not been knocked out (reset) at this point. This is not a mandatory action, but it is common. Just keep it in mind and consider it a conditional temporary risk, so to speak. To minimize this contingent risk, use a stop loss or, more rationally, work at an average buy/sell price. Let me remind you again that the price is now clamped with orders on the exchange (it has been there conventionally for 6 weeks) and this is the average price of this parallel channel.
I deliberately showed the percentage values of the main support/resistance zones in case of the price compression (6 weeks in a very narrow range) on the chart for orientation and understanding of the logic of work.
Main Trend 3 day time frame.
XCH /USDT (Chia) Main Trend. Horizontal channel 11.6M
Aave, a DeFi pillar in a long accumulationAave (AAVE) is a key player in the Decentralized Finance sector, at -86% drawdown, which is back in its long accumulation range. Our Supreme Vision (BSV) tool is also indicating a new accumulation period (green background)!
Moreover, according to the Master Oscillator (BMO), less than 40% of addresses are in profit, with a slight increase in the percentage of supply held by Whales and long-term Holders.
Bitcoin: Accumulation, Manipulation, and Potential Expansion!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Bitcoin has been on a rollercoaster ride lately. Fear is palpable in the market, with the Fear and Greed Index dipping into "fear" territory. However, could this be a buying opportunity disguised as a downturn? Let's analyze the price action and explore the possibility of an accumulation, manipulation, and subsequent expansion setup for BTC.
As you see in the chart, BTC completed its accumulation phase and entered into the manipulation phase now. Let's understand all these 3 phases one by one.
1 Accumulation Phase: According to the chart, the price stays in the accumulation zone for almost 2months. In this phase, the price stays in the range of GETTEX:59K - FWB:73K level.
2 Manipulation Phase: Yesterday, the price finally broke down from the accumulation phase ( GETTEX:59K level) and entered into a new manipulation phase. I'm expecting the price to reach around $50k level in this manipulation phase. Try to accumulate your favorite Alts in this phase.
3 Expansion Phase: When this manipulation phase ends, a new uptrend will start and this will happen soon. You just need to be patient.
Conclusion:- Overall, this manipulation phase is a big opportunity for us. Don't be scared and try to DCA some good coins. Soon, the market will be in up-only mode.
Hope I cleared all your doubts through this analysis. If you have any queries or want to share your opinion then feel free to comment here.
Thank You!
XAUUSD Key Levels of Accumulation and MarkupThis is Gold on the last 10 years, its possible to see clearly the Accumulation ranges, which later expand to new ranges above, and starts a new Accumulation range.
In the long term, all the currencies tend to lose value in relation to Gold, this is why in the last 10 years we only see Accumulation + Markup + Accumulation + Markup, and never a Distribution phase.
It's interesting how gold has been expanding the same size of around 2.970 pips on the ranges of accumulations. It make these key levels even more clear and stronger.
Also observe the mean on the 50% of the ranges, it has great opportunities to use mean reversal strategies to sell on the top of the range, and buy on the bottom. And for intraday trading we can use this levels to understand areas where buyers and sellers has more strength.
Buy now or cry later: ATOMs 5 year wykoff accumulation schematicHi tradingviewers!
This is my first post that I’ve decided to share and it definitely excites me to share this one with you! Before I start apologise for formatting etc as I need to get use to how all this works.
I’d like to start off by saying I am not a full expert in wykoff but have been learning it and collecting data for a while as time has gone on. This is something I’ve had on my chart for about 6-9 months as a possible idea and it seems like it’s actually coming in to play right now. I spotted the LINK one 6 months before it happened and I got an even better feeling about this one on ATOM.
It seems ATOM has been following this wykoff schematic very accurately.
i.imgur.com
From the SC (selling climax) we went to an AR (automatic rally) before making a higher low(ST) then taking out the AR high, and back down to take the lows of SC, since then we’ve been ranging. We then took out the AR high again at the start of 2022 before making our way down to where we are now for the ‘Spring’ phase. All exactly like it is in the example schematic above.
We’ve been in this range for nearly 5 years so when we eventually break this range the move is going to be massive. With the way the crypto markets are at the moment and the feeling of a real alt season around the corner this is building up for a huge move 🔥
If you liked this idea please give me a follow as I'm new here! I won’t be posting ideas often, I’ll only be posting analysis like this, HTF trades and the ones I feel have the highest chance and best rewarding setups out there.
GAL - scalping ideaStill looking at GAL after this surge the last days. Looking on opening an scalp position to our swing position which is up 35% 🚀
On the 12H tf I am looking for the FVG to get filled, we shouldn't fall much lower but the "worst" scenario for now would be a pullback to our swing entry and the demand resting there. Target for the scalp is the range high at 5.41$
Ethereum (ETH): Wyckoff Accumulation Pattern in Play
Ethereum (ETH) appears to be following the Wyckoff Accumulation pattern on the 4-hour timeframe. This pattern is characterized by several phases of price consolidation and distribution, followed by a decisive breakout.
The Wyckoff Phases:
Phase A (Accumulation): The price forms a trading range with multiple attempts to break out to the upside, but each attempt is met with selling pressure. This phase is characterized by low trading volume.
Phase B (Distribution): The price breaks out of the trading range to the upside, but the breakout is weak and quickly followed by a reversal. This phase is characterized by increased trading volume.
Phase C (Reaccumulation): The price returns to the trading range and consolidates again. This phase is characterized by lower trading volume than in Phase B.
Phase D (Mark-up): The price breaks out of the trading range with conviction and begins a sustained upward trend. This phase is characterized by high trading volume.
ETH's Current Position:
ETH has completed Phase A (Accumulation) and Phase B (Distribution) of the Wyckoff Accumulation pattern. The price recently broke out of the trading range to the upside but failed to hold the breakout and reversed back into the range. This suggests that ETH is currently in Phase C (Reaccumulation).
Expected Price Movement:
Based on the Wyckoff Accumulation pattern, I expect ETH to complete Phase C (Reaccumulation) by consolidating within the trading range for a period of time. This could be followed by a decisive breakout to the upside in Phase D (Mark-up), potentially leading to a significant price increase towards $4,500.
Additional Factors to Consider:
Overall market sentiment: The overall sentiment of the cryptocurrency market could impact ETH's price movement. If the market is bullish, ETH could break out sooner and with more momentum.
On-chain metrics: On-chain metrics such as active addresses and transaction volume can provide insights into the overall health of the ETH network. Positive on-chain metrics could support a bullish price movement.
Conclusion:
Ethereum's price action appears to be following the Wyckoff Accumulation pattern. While the pattern suggests a potential breakout to the upside, it is important to consider other factors such as overall market sentiment and on-chain metrics before making any investment decisions.
MPC - Shift In Momentum In Action 📉📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 MPC has been overall bearish trading within the falling channel in red.
📦 Currently, MPC is hovering within an Accumulation Phase between $0.3 round number and $0.36 major high.
📈 For the MarkUp phase to start, shifting the momentum from bearish to bullish, a break above the last major high in red at $0.36 is needed.
🎯 In such a scenario, a movement towards the $0.525 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
HOW-TO: Accumulation Strategy 2024What if instead of buying a stock, crypto, currency only once and holding until we are in profit, we split our strategy capital and buy several times, until the total is in profit ? Yes, that is DCA you’d say. Ok, but what if instead of buying at predetermined intervals, we bought at oversold RSI, or on a double bottom, for example ? That’s the idea behind the Accumulation Strategy, which I’m going to explain in detail in this article.
█ Simple Example
The strategy comes with several features, and the easiest way to explain them is through examples.
The Max Active Deals input allows to limit how many times the strategy can trigger a buy in a trade, just like the pyramiding setting. It can go up to 100.
In this example, the strategy has 10 max active deals. and is using the RSI feature to buy when RSI crosses below a configurable threshold, here 25.
Note: to get stronger signals, the RSI time frame has been set to 1 hour, since the chart is in a 30 min time frame.
In this trade, the strategy bought 8 times (yellow arrows) before selling at take profit, but it could have bought twice more.
█ Take Profit Feature
Customisable in the input tab, this feature allows you to set one or multiple take profit(s). You can set the value in either %, pips, or Auto mode.
To create multiple targets, increase the Number of take profit and set the Step between each TP.
In our previous example, instead of just one, I set 3 TPs with 1% value and a step of 1. The strategy will sell progressively at a quantity split even at each take profit, until the last TP is hit.
Note: Using multiple take profit is often used to improve risk management in trading.
█ Built-in Entry Options
The strategy comes with several built-in indicators, such as the RSI that we’ve seen, but here’s the list:
MTF RSI cross, RSI divergences
MTF Stochastic cross
MTF Bollinger Bands cross
Top & Bottoms
Double Top & bottoms
Higher/Lower Lows/Highs
Custom External Entries
If you want to use ANY external indicator from the TradingView library and use it as an entry signal, you can!
For example, let’s use the Squeeze Momentum Indicator by Lazybear. After adding it to the chart, we select the first plot which is the histogram. Then we select the condition “crossover” and “0”. It will create a buy when the histogram turns green.
█ Trend Filters
In trading, we try to avoid going against the global trend.
The strategy comes with several built-in trendlines, MTF, or you can use ANY external trendline from the TV library.
The strategy offers other built-in filters such as volume, overbought in range/trending market, or flat market entry filters.
█ Stop Loss
The stop loss can be turned on/off. You can set the value in either %, pips, ATR or Auto mode.
Note: When to use a Stop Loss? Using a stop kind of defeats the purpose of the strategy, but it can be useful if you plan to trade highly volatile and risky coins (remember LUNA ?) That is why the option is there.
█ How to use the strategy
The indicator access is unlocked by subscribing on my website. See the links below this article.
█ Setting up a strategy
You can set up a strategy on your own chart in just one click using the preconfigured charts I will share below, or you can simply add the indicator yourself and play with the settings.
Backtesting
Backtesting is automatically done in the Strategy Tester Tab.
Creating Alerts
Once you have your strategy setup on the chart:
1 - Set the alert message in the indicator inputs (scroll to the bottom, you will find an “alert’ section)
2 - Save your chart and do not touch it anymore unless you want to update your alert (optional but recommended)
3 - Create an alert on Cyatophilum Accumulation Strategy, using the option “alert() function calls only” (this is really important!)
Only one alert is needed to handle all the strategy events! (entry, take profit, stop loss, etc.) Even a free TradingView user can create a strategy!
Automation
The subscription that I offer also comes with Automation bots using the Binance spot trading API .
Important: if you wish to automate your strategies, make sure your TradingView account has access to alert webhook notifications .
That’s it for this tutorial!
Pretty easy right? No, I know it can get complicated at first. 😣
That is why I make preconfigured charts. Once you have access, click on the chart link, then click “copy”, then “save” your “layout” to get your own chart that you can use and edit. Enjoy!
█ Preconfigured charts
BTC/USDT
Chart: www.tradingview.com
ETH/USDT
Chart: www.tradingview.com
BNB/USDT
Chart: www.tradingview.com
MATIC/USDT
Chart: www.tradingview.com
EGLD/USDT
Chart: www.tradingview.com
VINC continuation play LONGHere on the 30-minute chart is my idea for the continuation of my VINC idea posted here before
the current breakout. Price is presently in a consolidation ascending regression channel .
The choices for a play are to wait for a break above or below the channel or alternatively
play the price action inside the channel. Since price is currently at the bottom of the channel
I will go long with a stop loss under the channel. Upon reaching the top of the channel I will
close half the position and then watch for a break of resistance or a rejection down and then
trade accordingly. Overall, I believe that this is a high-tight flap pattern and VINC is
accumulating gradually and will move higher when the accumulation saturates as per
Wychoff's theory.
Decred: Bullish Breakout Imminent?Considering the prevailing bullish sentiment in the market and the pattern observed on other cryptocurrencies throughout the crypto sphere that have broken out of a prolonged accumulation phase, it can be expected that DCR will eventually follow the general trend and repeat the pattern that we have already seen on many other coins.
Decred has been facing resistance at the $18.3 level since May 2023, but recent price action on the 1-hour and 4-hour timeframes indicates a breakout and retest above this level.
The next significant level to watch is $21.4, which has historically been a key support/resistance level for Decred. While there are signs of weakness on the 1-hour timeframe, such as candles with long shadows that could provoke short positions, there is still no confirmation of a breakdown in the upward structure. The 1-week candle seems strong, and the overall asset shows significant buying volume. This indicates that Decred may be able to consolidate above $21.4 and keep moving upwards successfully.
A breakout and consolidation above $21.4 could lead to increased volatility and larger price swings on higher timeframes, with potential profit-taking zones and resistance levels at $50, $67, and $85. Additionally, the February 2023 high of $28.52 may also present a next strong resistance level in the short-term future.
FTNT: Dark Pool Buy Zone SupportNASDAQ:FTNT is a good example of a stock that had a big gap down that immediately filled due to falling below its fundamental level and a Dark Pool Buy Zone.
This and the sideways trading range developing on the long-term trend creates strong support for weathering any sympathy moves from other cybersecurity stocks that have been over-speculated.
Sideways action is likely to continue for a time, but AI-driven cybersecurity will only become more important in the years ahead and this stock is still at a decent price.
Is BA Boening ready ?On the daily chart BA had big trend up for November and December but then fell with news
of issues the the Max model which further developed into an FAA inquiry. In the meanwhile
Thailand and India based airlines contracted for more jets and an earnings report beat both
lines especially earnings. It would seem forward earnings are fortified by those new contracts.
The chart shows price currently sitting at the support of the bottom of the high-volume
area of the volume profile and just under the nearby POC line. In confluence, it has been in
consolidation at a Fibonacci level. I consider that BA has been accumulating within a narrow
range and is now well situated for another leg up. The last trend up was about 50% over 2
months. I will take a long trade here anticipating a similar move sometime soon. Targets
are 230 and 250 with call options for August or September also under consideration.