$BTC Re-Accumulation. Phase C?I believe we could be seeing a phase c of our re-accumulation structure.
We are seeing a lot of speculation and fear in the market which has been incredibly greedy and overheated.
RSI is approaching the oversold condition for the first time since March 2020 Covid 19 Sell off which was a spring action.
I expect institutional buying to take place around the 43 to 42K level.
I think this could be an incredibly good buying oppurtunity with risk managed accordingly.
Be fearful when others are greedy and be greedy when others are fearful...
Accumulation
BITCOIN UPDATESome people panic and will always panic in every market correction because they only hodl and think that the market will always keep going up, when you trade you don't care if market goes up or down because you can make profits in both ways, you just have to understand the market structure to anticipate good RR trades with proper risk management.
Back to the Bitcoin update, in the past 2 days we have seen how the price action was forming lower highs which indicates a bearish momentum, breaking below 53300 just confirmed where we were heading to (48000) where many traders have bought more BTC making it bounce to 50k.
What is next? a new impulsive move is not likely to happen in near future, we might see BTC ranging a few days/weeks accumulating liquidity before taking off!
UWMC - not out of the woods just yetShort-term bullish on UWMC, but expecting new All time Lows afterwards.
Seems like a Wyckoff accumulation phase is currently evolving - expecting the following to happen:
1. Hype before Q1 statement, driving prices up - supported by other relief rallies in other SPACS
2. Q1 Statement released, fomo buys made by people expecting 10$ to break
3. Short term rally in 10Y-Yields, leading to fear towards investing in mortgage companies
4. New all time lows, Fomo buyers from step 2 capitulates and sells
5. All time low acting as "spring", thus marking the final stage of the accumulation phase. Just when capitulation happens, Russell Inclusion news acts as "reason" for spring to evolve to a jump up in price
6. Sign of strength appears, reaccumulation follows, and markup phase begins.
This is of course just my view, and I expect about a 5-10% chance of the scenario playing out just like mentioned above.
Accumulation ending?Kinda seems like textbook Wyckoff Accumulation at this point. Nothing is guaranteed, but a markup phase should be just around the corner.
Also, Bollinger Band Width is extremely low, so there is definitely room for a lot of volatility - which could also be to the downside.
I'm bullish.
GBP/JPY 1HR ACCUMULATIONI have charted up what I see on GBP/JPY. It looks to me like the previous high of this range was a 4HR institutional manipulation. This could have caused the large fall recently. I believe now that the pair is accumulating and institutions are beginning to take profits from their short positions and are allowing the price to return to the long range target of 153.171
We will see what happens but that is my prediction for the coming week for this pair. Just need to find an LPS point for a good entry to ride it up.
XAUUSD 1HR ACCUMULATIONPotential 1HR Accumulation for XAU/USD currently. I've inserted two positions, one has a risk reward of 1 : 3.16 and the other is 1 : 5.09 and targets the weekly high. We are also within a symmetrical triangle and have h=had our spring / manipulation from a previous demand zone.
HBAR/USDT Re-Accumulation StructureHBAR has been in a re-accumulative state since around the 15th of March. A recent change of character and break out show that supply has diminished as we formed higher lows through out the range before breaking out.
We are currently now retesting the top of our trading range sat in the oversold condition on the long term trend line .
Some more consolidation in this region testing supply along the way will give us some more confidence on a POE .
A scaled in POE is recommended. If we see aggressive demand one widespread 4hr bar this could confirm a full break out into a mark up will occur.
$CRV Breakout Imminent $CRV will melt faces. As mentioned in my previous idea, I expect $CRV to go parabolic upon breakout. Everything about this chart is bullish (cup and handles, bull flags, ascending triangles, long periods of accumulation). Rays on the right are accurate Fibonacci levels, with green rays indicating take profit targets. The bar pattern is for fun and added to demonstrate possible market movement. Bar pattern is from $FIL, slightly tweaked. Good luck all, let's make some money.
Please feel free to leave any comments, and checkout my $EGLD idea ;)
Theta ready for the next leg up
Accumulation after a huge move + VWAP+ Volume profile
Huge breakout from a long 'time' base and then re-accumulation to digest the gains and shake out the weak hands (I was one lol).
Then media attention dries out, finds support and asset continues its next leg up. Saw these in growth stocks last year and now we might see these in crypto land. Check $SE $FVRR $TSLA for reference.
$THETA has a huge number of catalysts/events coming up.
Edge compute use cases(ML/AI) that's coming up in Q3 2021 is the most exciting. Remember $FSLY $NET moves in 2020? Edge computing will grow exponentially this decade(Read the 'future is faster than you think')
App for ledger + NFT marketplace + New network support
The market cap is already $12bn. That said, Theta has maxed out its supply and will have no dilution effect on price (like $BTC)
Likes of $BNB, $GOOGL, Sony and Samsung as enterprise validator nodes. These companies won't launch validator nodes if there is no long term potential.
Blue-chip Crypto. Keep this in your shopping list for crypto winter
Entry: Now or under $11.5
STELLA'S HOT GIRL SPRING: ACCUMULATION + BULLISH SIGNALSI haven't really been on speaking terms with Stella after I bought in then stopped out right before the epic pump some months ago... You can see my previous analysis in the link below... I got impatient (and a little thirsty for some other hot girl coins...) which is a great way to lose money in this market. Clearly I'm still a bit bitter she left me in the dust... I just hate when I don't follow my own advice XD
Anyway... I decided to check in on my old girl Stella; after her crazy rebound, she decided to calm down and take some time for herself... but it seems like a lot of other guys have been checking her out over the last month of consolidation, and maybe just maybe she's ready to put herself out there again...
okay okay enough silly metaphors
Looks to me like there's been some accumulation, probably preceding the next move higher, which may happen soon. Bullish divergence on 4HR Stoch RSI is playing out + a bullish MACD cross on 4HR + favorable market conditions, given Altcoin dominance is on the rise & large caps are FINALLY moving again... this can only equal one thing:
Stella's getting back in shape for a hot girl spring ;)
STEEELLLLLLLAAAAAAAA!!!!
happy trades,
CD
FTM BTC trading analysis. x2 movings. agree?FTM is the platform that enable smart contracts in a directed acyclic graph-based system by using the Lanchesis protocol.
FTM'll continue rise after small accumulation.
WINk's sideways movement(Accumulation phase)WINk's current price surge hasn't stopped yet and a much steep surge going to come soon. Be ready for that. Currently, WINk may trade sideways for 1-2 days and if you don't want to take a risk then you place an order at 0.0025 USDT. If it touches this price, then no one can stop it from at least doubling. No doubt that WINk will follow the footsteps of BTT.
<TradeVSA> Sembcorp Ready for Markup !Sign of Strength in the chart:
1. Stopping Volume and Bag Holding
2. Strong accumulation with 4 NS signal
3. Lots of effort bars
Hit the "LIKE" button to support us :)
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
Weekly Double bottom off PCZ of logscale Bullish SharkThe weekly closed with a piercing line pattern off the neckline of a weekly double bottom and we are above the 55 week Simple moving Average. I expect this could take us to much higher prices and will be buying here and if it goes lower i will also be buying within the green zone with limited risk.
SUPERUsdt BuyHello traders!
Its a nice retracement by Superusdt and it's a good time to buy now.
The accumulation below attracted the price like a magnet and after hitting the 50% of accumulation Market would turn back.
It's a 1:8 risk reward trade and the Target above will give 50% of the investment.
Superusdt previous trade
Don't forget to hit the like button and follow to stay connected
Possible accumulation targets for Theta TokenI've been looking for good entries on THETABTC. I personally think the bottom of valley could be the possible accumulation zone and the possible distribution target of its high of the candle (high of the swing low) but I'm too of a beginner to make clear decisions.
What do you think is the possible buy and sell targets? Share your thoughts.
Update to previous daily accumulation chart for $GOEVPrevious analysis on 3-21-21 (link below). Adjusted spring based on recent price action.
Looks like a low-risk entry point at this level --> just catching the upswing after the spring (or the lowest price level in the accumulation range).
A tight stop-loss would be appropriate here.