TRXETH: Potential Partial Decline of an Accumulation RangeTron's Ethereum trading pair has been trading at lows within the bounds of this range since near the end of 2020, and now as price approaches the end of 2023, We can see that it is attempting a Partial Decline, which can only be considered a confirmed Partial Decline once and if price hits the top of the range again from here rather than first making a full retrace to the bottom. The addition of a Partial Decline would then bring the Bullish breakout chance all the way up to 80%.
If it breaks out I'd suspect that it would go for the 61.8% Retrace first then jump to the 088.6% Retrace second.
Accumulation
🔥 Predicting Bitcoin's 2024 Surge: Accumulation InsightsIf you enjoy this analysis, please give it a like and a follow
In this analysis I want to take a look at the BTC accumulation phases of the current, the last, and the bear-market before that. I took the lowest weekly close as my anchor.
As seen on the chart, Bitcoin is trading exactly where it should be - in a longer term period of accumulation. The square accumulation periods that I drew on the chart are just lines I quickly drew and are not set in stone.
Nevertheless, it's clear that Bitcoin needs a period of relative sideways price action after the bottom is in. Naturally, we're assuming that the November 2022 lows are the bottom.
In my view, we can go up and down for the next ~6 months. Most important will be the months after the halving took place. I think we're going to fly again by July/August 2024.
Share your thoughts in the comment section 🙏
Either we end the bitcoin accumulation period as 2015 or 2018. Accumulation period as 2015 we make a double bottom or lower low with liquidity grab at 16.5-17.5K and have range at 19-21K which gets over pretty quickly (fractal in pink)
Accumulation period as 2018 we make ~84% down moment at 12-14K and have range at 14-16K which gets over pretty quickly (fractal in Blue)
My stomach says it will be 2015.
Btc is in a huge accumulation Less than a year left until the halving and BTC is in a neutral state, the price could another pullback to reach its monthly base of around $17,500, according to ETF future BTC gap which is around 20k ,it can strengthen this theory.
•Patience is the key•
For the best time to enter the market
NFT/USDT 1D. Secondary trend. Wedge. APENFT. Justin Sun.NFT/USDT 1D. Secondary trend chart.
In the secondary trend we can observe the falling wedge forming.
In this wedge we've seen couple local downtrends forming, which are shown on the chart here.
Another such local downtrendline(red on chart) has been formed on broken above. As for now the price is in the consolidation and is moving in the small range between the levels 0.0...31 and 0.0000..88.
There's potential double bottom forming. The base of it is 14%(balance).
Notice that this is TRX's groups of tokens. I.e. Justin Sun's one. This coins like to sometimes move against the market.
The potentials above and below are shown on the chart.
It's quite likely we ain't gonna see really big move quite soon. Only local movements probably, but when the time comes it can move pretty huge.
Also notice that as the price drops(if it happens) - the targets are also obviously moving with the price. But with the time goes by, i think that in a half year - year there's a big probability of this falling wedge targets working out.
Notice also that there's some insignificant volume increase recently.
Wyckoff Logic - A potential accumulation phase GBPUSD 4h After a down trend, the price action changes its character forming a consolidation between the bottom range at 1.26213 and the top range at 1.28040.
If the price breaks the top range with a new high and is followed by a retreat that stops somewhere in the (top of a range) area, we will have confirmed the consolidation as the accumulation phase and we can expect to see the mark up phase with the first target at 1.29978 and the second target at 1.31450.
REN/USD Main trend. Accumulation 637. Distribution 637.Logarithm. Time frame 1 week. The main trend.
The psychology of accumulation and distribution zones.
The graph shows and describes the logic of work in the accumulation and distribution zones of large and small market participants (fuel). Coin as an example. It's always the same. But, always those who are “market fuel” are sure: "This time it will be different. But, no miracle happens. It's always the same. “Market fuel” changes cycle after cycle.
Most people's memories are short. Many people think they're special, or the timing is wrong... but it's always the same. In distribution, they willingly buy expensive. In the accumulation on the contrary, afraid, waiting lower, lower and so on...
Project and News
Ren is an open protocol that allows value to move between blockchains.
RIP-000-018: Financing Ren 2.0 and the Ren Foundation
Early last year, Alameda acquired Ren in partnership with Ren's previous management to provide long-term development funding.
Also, after the story with Alameda (scam, trial) in the network REN 1 will be shut down (waiting for the right moment according to the general market trend), the new network REN 2 will be launched. Read more on the project website itself (read between the lines).
ICO price 02 2018
ICO: 17200 REN = 1 ETH.
Now the price of ETH is about $ 1200, therefore, the price of the ICO in conversion to USD will be REN 0.069, which is slightly lower than the current price of 0.063
Linear graph
Secondary trend. Time Frame, 3 days.
The secondary trend is distinctly downward. A downward wedge is forming.
From the peak, the price decreased by -95% at the moment. This is very much, but if you consider the inadequate pumping of +11,000%, it is normal.
Think about it, the distribution has been 1.76 years. Many people got used to the “stable” price for such a long time and over time were no longer afraid to buy “cheap” because from the support of the distribution pumped by a significant % repeatedly. Also note that the accumulation and distribution over time of duration are identical.
I showed the maximum local pumping from the key support zones when the wedge is broken, i.e. the exit from the downtrend. Let me remind you that at the moment the trend has a pronounced downtrend.
You can work positional trading from the average buy/sell price of the medium/long term, or you can wait for the price to exit a downtrend, that is, to exit a wedge with significant buyer volume.
In order to understand further work, and the potential, figure out what manipulation REN1 - REN2 coin holders want to do.
BTCUSD End of Distribution Schematic?We have reached Phase E of the Wyckoff Distribution schematic and i am expecting volume to diverge from price action and we start to enter an Accumulation phase to continue our HTF structure moving in a bullish direction.
Here we are probably already in Phase A of an accumulation schematic
Will it hit my $TGT?With NYSE:TGT struggling to find its footing after its May downturn, it's due for good news. The upcoming earnings report might be the catalyst needed to challenge the persistent downward trend. Despite lagging behind NASDAQ:AMZN and NYSE:WMT , TGT is working hard to regain ground it suffered from overstocking issues and inefficient offloading strategies like promotions and sales, logistics updates, and donations. Anticipate news about these strategies, and potential dividend increases to attract new investors.
Bullish Case - TGT, currently range-bound, is trying to incorporate pandemic-related impacts into its pricing. It's at least a $150 stock and should be valued accordingly. The downtrend is a reaction from major investors who want resolution to existing issues and a plan for longevity. They've had plenty of time to address these issues.
Bearish Case - It's a range-bound distribution phase. Note how it's retracted over 50% of its gains from the pandemic low. Typically, continuation is 38%, but it's even surpassed the .618 golden ratio. It would be wise to avoid complications and let sleeping dogs lie. Claiming it would return to pandemic levels is too aggressive, but a price just above $100 should attract stronger supporters for a rebound.
Conclusion - TGT isn't a fan favorite, and understandably so. However, the aggressive pullback is noteworthy, even WMT didn't face this level of pressure. The chart below shows a substantial divergence, presenting an opportunity. At this point, the ball is in TGT's court. How they act in the latter half of the year will determine their fate.
Bullish - 140.27
Bearish - 125.25
Overview of accumulation breakout patternsWelcome to my new educational post
As you can see in BCH/USDT chart, One weekly green candle is enough to overcome 1 year of bear/consolidation zone !!
If you are surprised, let me tell you this is very normal behavior in crypto market as we saw this happened many times before
Another example :
DOGE / USD
When to expect a coin to explode like that ?
The accumulation pattern have many stages
1- After a period of bear market starts to deccelerate the price action becomes flat and usually take long time of horizontal accumulation between main supply and main demand (weeks / months / years )
2- Multiple fakeouts can happen to make both buyers and sellers exhausted
*The best buy (smart money) after the price reclaim the main demand after stoploss taken the second best buy after valid breakout (candle closing)
The shorting is the vice-versa
3 - Finally the strong breakout take place and overcome many weeks / months or even years of bear / consolidation/ accumulation zone
4- After the coin make breakout many traders will avoid it in the early breakout but it will continue rise and rise ..and every time it rises more it becomes more risky
Later it will turn to be crowded coin and many newcomers buy it at very high prices at this stage it becomes a gamble and MM will sell their profits on newbies
Note : The distribution phase is the opposite of accumulation phase
Note : not all coins can survive bear market, So the fundamental view has great role to support the coin
I can tell you about potential coins in accumulation now which have chance to do similar thing :
#FTT - #DYDX
DO you know another potential coins in accumulation ? Tell me in comment section below ⬇️
$KAS - accumulation?Kaspa $KAS has been performing very well so far and is currently trading around $0.0255-0.0260
Although a pull back to the green levels is possible, these are nothing but opportunities to load up.
To me the red areas mean: Sell the pump there. After a retracement buy the dip at the next lower Fib (could be very well the red price lvl)
I expect $KAS to touch the upper trendline some day in the future. From todays price that's impressive gains.
Could see $KAS going up until the 3.6 fib expansion which would mean a price of $0.15 and a MC of around 4bn. That's a lot. That's Top 20. Sounds unrealistic, but even SET:ETC is at more than 3bn.
NFA.
Totally subjective fundamentals rating: Kaspa 8/10
All alts with this Chart Pattern will fly. Being Accumulated.My previous post on Bitcoin was wrong. Despite seeing a hidden bearish divergence signal, they sometimes appear falsely at bottoms when reversing.
While looking at alts, I noticed this about them. Zooming in to hourly time frames (I got several points of confirmation, including increase in volume with price jump) that all alts with this pattern are being heavily accumulated. This is ground zero of the alt run.
You need to buy all alts with this chart. Right. Now.
bitcoin parallel channel 2021-2023Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Palantir's share price could easily double from here!This idea is based on Wyckoff's method. The Point $ Figure accumulation count serves as a way to determine the target objective based on the accumulation count in the base.
All other information is in the chart.
NQdecipher
Part II of BABA thesis using Wyckoff phases and volume analysisThis Idea is part II to the previously published BABA idea using Wyckoff's accumulation method. This idea includes the identification of the different Wyckoff accumulation phases and the characteristic accompanying volume analysis.
All information is on the chart!
NQdecipher
How to Use the Accumulation/Distribution IndicatorLearning how to identify accumulation and distribution in an asset is an important skill to have for any trader. Luckily, there’s a handy tool we can use: the aptly-named Accumulation/Distribution indicator.
In this article, we’ll show you how this accumulation/distribution indicator works, where it’s best applied, and how you can combine it with other tools to boost your odds of success.
What Is the Accumulation/Distribution Indicator?
The accumulation/distribution indicator, also called the accumulation/distribution index, accumulation/distribution line, and abbreviated to A/D, is a cumulative indicator that uses price and volume data to measure the strength of an asset’s trend. It helps traders identify buying and selling pressure in the market and can show whether an asset is likely to continue trending or is due for a reversal. It was created by renowned trader Marc Chaikin, who also developed the famous Chaikin Money Flow indicator.
Accumulation vs Distribution
Accumulation occurs when buying pressure outweighs selling pressure, resulting in price appreciation. Conversely, distribution is where sellers have the upper hand over buyers, creating downward momentum. In practice, the plotted A/D line will move up when accumulation is present and down when distribution occurs.
Accumulation/Distribution Oscillator Formula and Components
The ADI seeks to quantify an asset's buying and selling pressure by considering its trading range and trading volume.
First, it calculates the Money Flow Multiplier (MFM) using the following formula:
MFM= ((Close−Low)−(High−Close)) / High−Low
This results in a reading between -1 and 1. When the price closes in the upper half of its high-low range, the MFM will be positive. If it closes in the lower half, then MFM will be negative. In other words, if buying pressure is strong, the MFM will rise, and vice versa.
Second, it generates the Money Flow Volume (MFV) with the following:
Money Flow Volume = MFM × Volume
For the first candle in a given chart, the MFV is the first A/D value. Since the indicator is cumulative, the MFV is added to the previous A/D value. In essence:
First Calculation = (ADI = MFV)
Subsequent Calculations = (ADI + MFV)
This then creates the A/D line. While it may seem unnecessary to know the formula, it can provide us with significant insight into how an accumulation/distribution rating is given. For example, a strong bullish trend may cause an asset to close high in its trading range, producing an MFM reading close to 1. If this is backed up by high volume, the A/D line will surge upward. However, if the volume is lacking, then the A/D may only increase slightly.
Thankfully, we don’t need to perform this calculation ourselves. With the free TickTrader platform we offer at FXOpen, you’ll find the accumulation/distribution indicator and dozens of other tools ready to help you navigate the markets.
How to Use the Accumulation Distribution Indicator
There are three popular ways to use the A/D indicator: identifying reversals, trend confirmation, and trading breakouts.
Identifying Reversals
One of the most effective uses of A/D is to spot potential reversals using divergences between the price and the A/D line.
A bullish divergence occurs when the price falls, making lower lows, while the A/D line trends upward, creating higher lows. Conversely, a bearish divergence can be seen when an asset makes new highs, but the A/D puts in lower highs.
It essentially shows us that while the price is moving in a specific direction, the underlying pressure supporting the move is waning. The example above demonstrates that fewer sellers are participating as the trend progresses lower; eventually, buyers take over and push the price much higher.
Trend Confirmation
A/D line can also be used to confirm the direction of a trend. In this context, traders monitor the alignment of the line with the price action.
In an uptrend, both the price and A/D should be rising. If the A/D moves in the same direction as the price, it confirms the strength of the uptrend and suggests that the buying pressure is likely to continue. As in the chart, traders could have used the A/D and price alignment to position themselves in the direction of the bull trend.
Similarly, during a downtrend, the price and the A/D should be falling. If the A/D is falling alongside the price, it indicates that the selling pressure is strong, and the downtrend is likely to persist.
Trading Breakouts
Lastly, A/D can help traders confirm breakouts beyond support/resistance levels. If there’s a critical level that a trader is watching to jump in on the breakout, a breakout beyond a similar level in the A/D indicator can signal the start of a new trend.
In the example, we see a strong resistance level, both in price and the accumulation distribution chart. As the move is confirmed by A/D, breaking out above both dashed lines, traders have confidence that the price is ready to move higher.
Integrating the Accumulation and Distribution Indicator with Other Tools
While the A/D indicator is a valuable tool on its own, it’s best to use it in combination with other indicators to help filter out false signals and improve the accuracy of your predictions. Let’s take a look at two indicators to integrate with A/D: moving averages and the Relative Strength Index (RSI).
Moving Averages
Moving averages are a popular tool used by many traders to determine the direction of a trend, especially when two moving averages cross over. As mentioned, the trajectory of the A/D line can show traders that a trend is supported by volume; similarly, a price sitting above or below a moving average can indicate a trend’s direction. Using the two together can provide an at-a-glance reading of a trend, which can be extremely useful for trend-following traders.
In this example, we’ve used the Exponential Moving Average (EMA) cross indicator in TickTrader, with two 20-period and 50-period EMAs. The fast EMA crosses above the slow EMA, showing that a potential bullish trend is forming. The price continues to stay well above the 50-period EMA as time progresses, demonstrating that there’s a strong bull trend.
We also have confirmation from the A/D line that the bullish momentum is backed up by supporting volume. Seeing this, traders can be confident that the trend will continue. When the EMAs cross over bearishly, as seen on the right-hand side, traders may start looking for the A/D line to confirm that a bearish trend has started and exit their position.
RSI
Similar to the A/D indicator, RSI can be used to both spot divergences and confirm trends. The divergences are the same as A/D; a lower low in a price with a higher low in the RSI indicates a potential bullish reversal, while a price making a higher high and a lower low in RSI is regarded as bearish. Meanwhile, an RSI reading above 50 is typically seen as bullish, while below is bearish.
Using the two indicators together can offer traders extra confluence that the market is headed in a particular direction. In the chart shown, we can see that the price is making a lower low. However, the Apple stock’s accumulation/distribution line shows a bullish divergence, as does the RSI.
Traders could have marked the most recent area of resistance (dashed line), and then waited for the price to break out above it before looking for an entry. This move was confirmed by the RSI moving above 50, showing that bullish momentum is truly entering the market and offering multiple factors of confluence.
What to Do Next
You now have a comprehensive understanding of the accumulation/distribution indicator, including its formulation, its three main uses, and how to combine it with other indicators for extra confirmation. Ready to put your newfound knowledge to the test? You can open an FXOpen account to apply what you’ve learned and hone your trading skills across a diverse range of markets, from forex and commodities to stocks and indices.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
TCS: Bullish Bat Spring Backtest with Hidden Bullish DivergenceThe Container Store on the weekly timeframe is potentially Backtesting the Spring of a Range and is showing what looks to be Hidden Bullish Divergence on the MACD at the PCZ of what would be a Bullish Bat.