LTC Wyckoff Accumulation Pattern I could be wrong, but it seem to me that we are in a 6th wave of a wyckoff accumulation pattern that usually consists of 7 main waves. Al that points out that LTC hasn't reached the bottom in this correction yet.
I am not a financial advisor so don't buy anything that a say. Wish you all successful investment.
BITSTAMP:LTCUSD
Accumulation
AAL: It's flying today! How to proceed now?Hello traders and investors! It has been nearly 1 month since my last analysis about it, let’s see if AAL behaved the way it should.
First, in the 1h chart, AAL respected the key point we mentioned in my last analysis, the black line at $ 16.47 with an astonishing precision, and it hit it multiple times, without losing it. This point was a previous resistance, and it worked as a support, as we thought it would, thanks to the Principle of Polarity . And if you missed my last analysis, the link to it is below, as usual.
It triggered several pivot points , the last one at $ 18.82, and we have a little gap at the yellow area. If it gets filled this week, it could be an Exhaustion Gap , and this could create another congestion on AAL.
Right now, it is a little to buy it, as the optimal buy point was near the $ 16.47, and we are quite close to the target I mentioned last month, but since it is engaged in a bull trend, pullbacks to the 21 ema could offer some nice opportunities to buy too.
Now, let’s see the daily chart:
In the daily chart, AAL is heading to the target we mentioned in my last analysis, the $ 22.80, which is one of the previous resistances, and nothing unusual is happening here.
The volume decreased during last month’s accumulation, which is a typical trait of just an accumulation before the explosion, and the 21 ema is pointing up, evidencing the bull trend and working as a support level in the future. What’s more, the volume increased in the last 2 days, and today is finally above the 21 moving average I like to put in the volume as well.
These are good signs but be prepared for pullbacks, but they could offer an opportunity for the late buyers. Any pullback to the 21 ema in the daily cart as well could be a nice opportunity if you missed the entry point on AAL. And remember to follow me to keep in touch with my daily analyses on stocks and indices. And please, support this idea if you liked it!
Thank you very much.
PINS, SNAP, TWTR Outperform Market - Ready to Skyrocket?Last week while the market is correcting, majority of the stocks have been hit badly. Yet, PINS, SNAP and TWTR have outperformed the market. Is the current price structure suitable to buy with potential to continue outperform the market?
In this video you will find out why these 3 stocks NYSE:PINS , NYSE:SNAP , NYSE:TWTR outperformed the market and the low risk entry to participate before they start moving up.
D&O, UNISEM, VIS - Best Malaysia Tech Stocks to Buy & Watch Now?Malaysia tech stocks have been on fire for the past 6 weeks with handsome return. Is it too late to start buying the tech stocks now? Not all tech stocks are equal. How should one pick the right stock with potential higher return?
In this video, you will find out the top 3 best performing stocks MYX:D&O , MYX:UNISEM , MYX:VIS with the potential to even outperform the rest in the Malaysia technology sector.
Price action analysis and volume spread analysis (with Wyckoff trading concept) are adopted to decipher why they are the best stocks to trade together with possible low risk entry with either breakout trading or pullback trading strategy.
BAT - Neutral Outlook - Accumulation Phase of a Lifetime?Put simply, BAT has had an amazing accumulation phase and continues to have it. From the pits of despair at the lowest BAT-to-Bitcoin ratios we have ever seen, can BAT really climb out and reach higher than most of us would ever expect it to, given its past performance? BAT remains at a very, very low price. Even though it's at such a pitiful price today, many would argue it has good fundamentals. It has millions of users, it has a working product, and it has developers working on it who update us on multiple platforms, be it their site or their twitter. Given that product seems to work, it doesn't seem like a rugpull... So what gives?
I trust charts first and foremost. News is here today and gone tomorrow. So what do the charts tell us? When I see this chart, I think... "Isn't this a story we've already seen?" An undervalued token with strong fundamentals, simply standing in the sidelines at dirt cheap prices. So what's the best that could happen?
As many BAT holders have said, BAT is a long-term hold. You probably aren't going to 2x tomorrow. Or next week. Or hell, maybe not even next month. Jeez, isn't it alt-season?! Despite all this, the goal that holders seem to have is to 9x and further a year, possibly two, from now. This is not suitable for quick, fast gains today. But rather, it is...
The accumulation phase of a lifetime.
...So, for how long are you willing to accumulate? This all comes down to your style of investing. Do you need gains today and tomorrow? Or are you willing to invest in something low-risk that make take a while to pull in results? Because BAT really seems like it can in the long run, and at a low risk of downside. When Brave and its token BAT were first released, BAT had a massive bullrun of over 500%, but it did not quite have all the fundamentals in place back then. Brave was released to the public in 2018, but shortly after and even before its release, it faced controversy regarding its "replacement ads" and not giving creators the BAT donated to them by other users, when those rewards should definitely have been seen by the creators who were receiving donations. But, since then, these issues have been fixed, so this does mean that progress has been made.
Taking a look at some of the things the Brave team is working on, the project only seems to be more and more promising as various highly specific, feasible plans seem to be in place already. Think THEMISv2, self-serve user ads, etc...
That's all great and all, but that begs the question... if you go all in on BAT, could you be stuck holding a bag as you watch LINK, ADA, BTC, ETH, DOT, UNI, BNB, and the like, moon in the meantime? The horrific thought of you missing out on gains sends shivers down the spines of the most diamond-handed individuals. But look at how quickly BAT tends to move to the upside after a bear market... and we're in an uptrend. Is now the time to get exposure to BAT if we don't have it already? It is... alt-season, is it not?
I am personally bullish on BAT, but I like to be level-headed when recommending investments to others. I'm not a financial adviser, but hopefully I gave you all some food for thought. Happy gains-hunting. I find the prospect of hopping on the train of a pre-moon LINK or ADA exhilarating. That's what I see BAT as. But of course, when BAT's upward momentum is just barely beginning to form, it's not exactly easy to tell the whole world that this is definitely a fantastic buy, is it?
So, what do you think? I only see Long calls on BAT, but I thought we could use some more neutral, retrospective ideas in the space.
Here will be the price.Be patient, REEF accumulation is being completed.
Today RVN is on $0,26 with a supply of 8,1 Billions.
REEF has ONLY 3,02 Billions of supply.
Will reach $0,5 in a short time, and it is one of the coins that left without been exploded.
PLTR LONG D CHART PVSRA - GREAT ACCUMULATION ON VOLUMEThere is a high possibility that PLTR will go up from the 25.06 level in the next few days since there is an accumulation with notable volume.
PLTR (daily)
ATR = 3.48
EP = 25.06
1.5ATR = 5.22
SL = 19.84
TP1 = 28.54
TP2 = 32.02
Bitcoin Entry Prices for Next Bull Run! Hello guys,
today’s day trading analysis will be on BTC
There is a very nicely looking volume-based setup called the “Volume Accumulation Setup“
First, there was a rotation in which heavy volumes got accumulated (traded). You can see the volumes on the Flexible Volume Profile indicator below.
Then, after the big guys (trading institutions) placed their big trades there, they pushed the price upwards into an uptrend.
This uptrend tells us, that the volumes placed in the rotation (blue rectangle ) were Longs.
This is an information we can work with. Now we know where strong institutional buyers placed a lot of their Long positions.
This are is now very important place for them.
When the price makes it back to this heavy volume area again then, those buyers will want to protect it and to push the price upwards from there again...
Most likely from the place where they placed the most of their positions.
Message me directly for a Matching Bonus available at HankoTrade when you sign up through this link . Leverage 5x with Zero Commission Fees.
Bitcoin sell-off, what´s next?Bitcoin is creating an even bigger symmetrical triangle atm. I personally think that this is an accumulation period before continuation to the upside and I believe a bear-case scenario is less likely. In the hourly chart, I can see a beautiful W pattern playing out which will be a trend reversal and bull pattern. The right support should be around 30k. HODLérs and institutional buying should make a great foundation below 30k which is why I believe we will continue the bull run within 1 week. My short-term bear case would be that we haven´t tested the 21 weekly MA since 14th September last year. In previous bull-runs, this MA was tested multiple times before the last euphoric expansion before the price crash. The breakouts of the triangle will give us a clear indication of price action in the coming 1-2 weeks, but don´t miss the train.
COINBASE:BTCUSD
INARI, QES, SKPRES Price Action Analysis - the Sky is the limit?Find out how to swing trade MYX:INARI , MYX:QES , MYX:SKPRES while the price is almost at all time high to ride on this strong uptrend in Malaysia technology sector.
In this video, Wyckoff trading analysis with volume spread analysis is used as the core technique in the price action trading strategy to dissect how to ride on the stocks in a strong uptrend.
Top Penny Stocks for Swing Trading [Huge Upside Potential]Find out these top 4 penny stocks - NASDAQ:HNRG , NYSE:QEP , NASDAQ:SNDL , NASDAQ:TELL that are actionable for swing trading based on pullback trading or breakout trading strategies.
In this video, price action analysis together with volume spread and Wyckoff trading analysis is adopted to analyze these penny stocks to decipher the timing for entry.
EOS Accumulation Zone Complete / Result: Effect Stage CommenceHi Everyone,
It appears EOS has now completed its accumulation in respect to the Wyckoff Theory. Rhyming to the rules of Wyckoff Theory, we can see the Accumulation (Cause) now reflecting the strength of the buyers and pushing the price above the zone to represent reversal of the trend which should now have the health to make new highs (Effect). I Personally have a target of around the 1700-1800- Satoshi Range which is a potential 80% profit.
Other supporting factors include:
Volume: High (we haven't seen this peak of volume in 3 years)
Candles: Weekly Candle showing the buyer strength as consistent wicking of the weekly can be observed in favour of the bulls
EW: From peak of 2018, ABC wave correction complete with wave C extended 5th wave 1.618 showing exhaustion.
Lets see how this one plays out.
Please follow for further updates and other Crypto trades .
Please note this is not Financial advice and DYOR as always.
Thanks,
Husky.
Ren (REN) More Explosive Growth 2021The REN project is another fundamentally sound DeFi project that is poised for major growth in 2021. A decentralized protocol that allows for users to transfer cryptocurrencies from one blockchain ecosystem to another. This project already has major utility being used on a daily basis and will only continue to grow with the growth of DeFi and the overall cryptocurrency market.
Currently the USD pairing is in price discovery and trading at all time highs. However, REN still has yet to hit a new price discovery against its Bitcoin pairing. This indicates that REN still has a lot more room to grow.
Another factor to consider is that REN currently has a circulating supply of 995,363,051 REN and only a max supply of 1,000,000,000 REN. REN is getting closer to reaching it's max supply which will also play a role in price increase this year. Also the according to the analytics firm Santiment has recently reported that whale accumulation for REN skyrocketed in Januarys which also indicates the increasing demand for REN.
Our next stop for REN is at Fibonacci level 0.5 at 2925 Satoshi. Once we fully break past the 0.382 expect a runup to test 2925 Satoshi. Keep REN on your radar this year for 2021. As always much peace and love!
GOLD UPDATE. WEEKLY CAM PIVOTSIt is Testing its new weekly pivot as a magnet. nothing out of the ordinary. always happens. IF it bounce off these purples levels. It will be officially trending above weekly CPR levels for a second week. Good accumulation points disguised as bearishness.
can put on tight stop. give it a go