Quiet accumulation and pro traders in a bottom: SILKThis is a young public company that is forming a bottom with some quiet accumulation, well hidden in price, by the Dark Pools during the bottom formation. The accumulation may include ETF Developers as many medical devices are in accumulation mode. Pro traders are in the mix as well. Candlestick patterns, improving volume and Accum/Dist indicators confirm--see blue arrows. When the bottom completes and sustains above the red line, there will be strong support for an uptrend. This company has pioneered TCAR.
Accumulation_distribution
Market phases explained through ACS' graphA few days ago, I identified the different market phases through this company's graph: uptrend, distribution and downtrend, which could imply that the market is right now within the accumulation phase.
This phase is characterized by the price of these shares being lateral and, when this phase ends, a new trend will begin. Therefore, I consider that keeping an eye on this company can be interesting in order to identify the brand new trend as it starts, so that we can open positions in favour of it.
If we have a closer look at the last candles that have been drawn in this graph, we can appreciate that the price of these shares has recently tried to break the accumulation range downwards. Nevertheless, buyers have been strong enough as to not let sellers to. The uncertainty surrounding the price's future direction is still there, so we will keep on waiting until we observe a clear brekout.
The acquisition or gradual gathering of something Hello everyone !
I wish you all nice day my dear followers, friends, newcomers and randoom net troll visitors.
Lets focus closer on The accumulation of wealth today at this chart
Accumulation function, a mathematical function defined in terms of the ratio future value to present value
it is literally the process of gradually increasing in amount, or the increased amount
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Accumulation
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When price declined deep enough, at some point, you (as Smart Money) make the decision to buy.
You may have various reasons for that: you may see that stocks are heavily under-priced or you analysis shows that the market is ready
for a new uptrend and if you do not start it then someone else may do it.
It does not matter what your motivations are, you want to buy as much as possible at lowest possible price.
When you are Smart Money, you cannot jump into the market and buy all you need at once.
In order to accumulate the shares at lowest possible price your buying activity should be spread in time.
You have to plan your buying. You would have to follow a specific strategy:
1) When price drops below your critical level you start buying.
2) You continue to increase buying until you see you absorb all available supply and reversed a price trend.
By its nature panic selling is stronger than greedy buying. That is why you need to put more buying pressure to stop a down-trend.
That is why a volume surge at the end of a down-trend is much stronger than a volume surge at the end of an up-trend.
That is why Accumulation goes faster when compared to distribution.
3) When price trend is reversed and reaches your critical level below which you are buying, if you did not bought all you wanted, you stop buying - you remove demand.
If price does not start to slide down you may sell some of what you bought to generate bearish sentiment and make an illusion of bounce and not a reversal.
Since you were the main buyer, you will not need to put a lot of selling pressure to resume a down-trend.
4) As price starts to decline again, you start buying again until you absorb all supply and accumulate (buy) all you wanted to buy.
That is why we see double bottoms, reversed head and shoulders and etc.
5) You may repeat 1-4 steps again when you see that you may easily create a bearish sentiment (you do not have to sell a lot to resume down-trend).
You do it until you accumulate all you want.
6) When you dry out all Supply, there is no need in a strong Demand to push price higher.
Small increase in Demand can make a case. At first, stop-losses of bearish traders are triggered.
Then, as price advances, the rest of the market starts to jump in.
From that moment, you may sit and watch as other traders' bullish pressure pushes the price up.
The market not always follows a specific scenario and Accumulation phase does not always follows the same pattern.
Still, by analyzing volume and price action you may reveal the activity of the Smart Money.
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Distribution
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At some point, you as a Smart Money have to dump your investments.
It does not matter what your motives are - you made decision to relocate your investments into different place, you made extensive analysis
and you know there are a lot of external factors which would support a down-trend, you see market bubble which may burst any time, you see that the market is
heavily overpriced or you simply see that the market cannot push itself higher (demand is drying out). It doe not matter why you want it. You are "Smart Money" and you want to sell.
You have to distribute your holdings. However, you know that when you start dumping all your investments at once, the quantity of supply you will through into the market will crash the price.
You do not want it - you want to distribute your investments at the highest possible price.
You have to plan your actions to dump your investments in a smart way at the highest possible price without crashing the price down:
1) When price moves up to some specific level defined by you as satisfactory level, you may start selling.
You start selling in big quantities until you see that you are absorbing all Demand (buying pressure) and price up-trend starts to halt.
2) If there were a lot of unsatisfied demand (a lot of Bullish traders) you will be able to sell more - we will see increase in volume to the price up-move and then price advance will halt.
When there are not a lot of Bullish traders, you will stop price advance without causing an increase in volume.
3) When you see that price up-move halted you halt your selling - we will see a drop in volume.
4) If price starts to move down and you still have a lot of shares to dump, you stop selling as you do not want price do decline deep down - you want to sell at the top.
5) If price continues to decline without you that mean you created bearish sentiment. In this case, you do not mind to buy a little bit to change the sentiment and to push price up again.
6) When price starts to move up you start to sell again by dumping the rest of your investments.
7) You repeat the 1-6 steps above until you sell all your holdings you wanted to dump.
You managing bullish and bearish pressure you manipulate price to move in a side-way narrow range corridor.
8) When you about to distribute all your holdings, you do not halt your selling when price declines below your satisfactory level.
You continue to push price lower - you need to create bearish sentiment on the market, so, the market will continue decline down without your involvement.
9) Each time when you sell and push price down, you may run into new waves of Bullish traders who has their own reasons to start buying.
These bullish traders could be strong and they may reverse a price trend up strongly.
However, since you are the Smart Money and you have unlimited access to money - you are stronger and you are dedicated to push price down.
As these new Bulls push price up close to your critical threshold, you start selling (if you are out of your holdings you sell short).
You do it each time it occurs until you break the spirit of these waves of new Bullish traders.
That is why we may see an increase in volatility at the end of side-way trading right before a bearish trend.
That is why we see price bouncing from the resistance levels. By Richard Wyckoff words, you have to shake spring board until you shake off all the Bullish traders.
When you shake off all the Bulls, these Bulls will turn into the Bears - their stop-losses will start triggering and they will start selling.
10) From that moment, you may just sit and watch the decline - you Distributed all your investments at the Top and you started a bearish trend.
But remember !
This is how you would have to act if you would be the "Smart Money" dedicated to distribute all your investments and reverse a price trend down.
Of course, the Distribution phase, does not follow the exact scenario described above all the time.
In some cases we have prolonged in time side-way trading and in some cases we have Climax Run up and strong reversal down.
However, in all cases we can track the actions of Smart volume by analyzing volume activity together with price movements.
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If you want to know what Smart Money are doing, you have to think as Smart Money.
You may see when Smart Money start their buying (Accumulation) - it starts while price still declines.
Also, you may see when they start their selling (Distribution) - aging, it starts while price still moves up.
By analyzing volume and price action you could obtain the knowledge about trend-reversal before it actually occurs.
This is unnatural to think that the first signs of weakness occur on price up move and the first signs of strength occur on price decline. However, this is one of the main concepts of Volume Spread Analysis. When you are can see the beginning of an Accumulation or the beginning of a Distribution, you can spot when "Smart Money" start their trading activity. From that point, if you define the sentiment of "Smart Money", you will know where to place your bet.
Accumulation/Distribution scheme chart applied on BINANCE:XLMBTC
link on chart HERE
The acquisition or gradual gathering of something part 2. here
Please leave a like if you want to support my work and do not hesitate to let me know down in the comments how do you like the graphics and the style of TA at all.
Do you want more of these ? Let me know and support me Every feedback and like is highly appriciated.
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
🟢 Bullish Pennant. Watch for breakout. Target: $100Greetings. I'm bullish on AMD, based on the pennant pattern forming on the daily chart. AMD was in consolidation for (3) months before making an explosive move to the upside on 22 July. I expect the uptrend to continue, although AMD may decide to consolidate longer before continuing the bullish trend.
If price breaks above resistance, my initial target is $100.
Happy Trading!
Strong Bullish Trend 🔥. Target: $520 Greetings. Is AAPL overbought? Yes. Is AAPL trading two deviations outside the normal trend? Yes. However, my philosophy is to "trade the trend." Don't anticipate the market; instead, participate.
Currently, AAPL hasn't given any signs of slowing down the recent uptrend. In fact, if you look at the Accumulation / Distribution indicators, demand for AAPL is rising rapidly as more and more buyers accumulate shares. This is likely due to the fact that in order to take advantage of the 4:1 split, effective 31 August, investors must acquire AAPL shares not later than 24 August (Monday), and hold them until 28 August (Friday), when the split will take effect after close of business. Therefore, I anticipate a bullish Monday wherein price could reach upwards of $520 / $540 with relative ease.
The directional movement index (DMI) and average direction index (ADX), are both trend strength indicators, and right now, they both scream THE TREND is EXTREMELY BULLISH! In fact, I anticipate a pre-market gap up as more traders have time over the weekend to digest today's bullish move. Fear of missing out and greed are two very powerful motivators for traders. On 31 August, traders may decide to take profits, which means heavy selling....but it's purely speculative at this point. One thing is certain - I'm looking forward to Monday 😎.
Happy Trading!
Wait for break-out above resistance. Target: $23Greetings. I'm still bullish on NIO, given the symmetrical triangle pattern, which is neutral and slightly bullish since it formed after an uptrend. The accumulation/distribution line indicates that the market has been slowly and steadily accumulating shares before the anticipated breakout. If price breaks above resistance, the target is $23 which is a 1:1 ratio of the base of the symmetrical triangle.
Happy Trading!
BCHBTC is in Accumulation mode 🦐BCHBTC is in Accumulation mode like a previous idea QTUMBTC .
We are waiting for a confirmation and According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
The acquisition or gradual gathering of something (Part 2.)Hello dear followers, friends, haters as well as newcomers.
Lets focus closer on The accumulation of wealth today
Accumulation function, a mathematical function defined in terms of the ratio future value to present value
it is literally the process of gradually increasing in amount, or the increased amount
Accumulation/Distribution scheme chart applied on BINANCE:XLMBTC
link on chart HERE
Wanna know more then see also previous part HERE
What Do Fibonacci Retracement Levels Tell You?
Fibonacci retracements can be used to place entry orders, determine stop-loss levels, or set price targets.
For example, a trader may see a stock moving higher. After a move up, it retraces to the 61.8% level.
Then, it starts to go up again and vice versa. But here we got a 100% retracement
with bullish signs and full retraced markets is what I personally like.
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
$URACharting uranium is fun.
Listing around 130$ per, began to drop, respecting that best-fit line all the way down.
Ranges, ranges, dropping until we bottomed out, and have since been accumulating.
Fib extension matches perfect w/ a range I drew, RSI bouncing off support trend.
Not sure as to why we'll see 45$ again fundamentally, but the chart says it looks good.
USDCAD 60min Balance Area BreakoutUSDCAD has retraced almost back to Daily Support and is balancing just ahead of the Support Zone. These Balance Area's make for good Breakout trades. Balance areas are simply just Accumulation or Distribution (we don't know which one it is until the market tells us, which is done by breaking out).
This trade will be valid which ever way it breaks. I would think a breakout to upside would gather the most traction but you never know!
RSI is starting to give a clue by showing some Bullish Divergence. Although, this is not a signal to enter the trade for me.
Entry - I use a Break & Close out of the Balance Area for my entry.
Stops - I use 1 ATR Above or Below the Breakout Bar.
Target#1 - I use a measured move of the Balance Area (Blue Line).
-For the Upside break, Target #1 has confluence with Structure and a 38.2% Fib Retracement from the highs.
-For the downside break, Target #1 is simply just the measured move.
Target #2 - I use the next Major Fib for Target #2.
-For the upside break, Target #2 has confluence with Structure and the 61.8% Fib Retracement from the highs.
-For the downside break, Target #2 is simply just the 1.618% Fib Extension.
Best of Luck!
$NHTC eaZY 1800% Basic TA [ SnipeSnipe ]Look at this Market.. ok ok.. it doenst matter which market, but this is gone wild for the last couple of months.. perfect market cycle.. even foconacci Extension was working.. =) So lets crack da Nuts..:
Whats going on and on and on - every market every TimeFrame:
1. Accumulation
2. First Pump
3. Accumulation
4. Second Pump
5. Accumulation
6. Third Pump
7. Distribution
8. Pullback
9. Bounce
10. Sell off
Questions..? No.. Onto da next one.. Search those gems.. wait .. wait.. ALL iN.. $$$ ..! =)
USDCAD 60min Balance Area Breakout Opportunity USDCAD has had 9 Straight days of Advance and has been VERY Bullish. It's currently in a nice Rising Channel. The Balance Area at the highs looks like Distribution to me. A lot of times this is a "topping pattern". So, I'm waiting for a Break & Close out of the Balance Area (Yellow Box) and will enter a short position.
Stops - Will be 1 ATR above the Breakdown Bar.
Target #1 - Will be a measured move of the Balance Area (Purple Line)
Target #2 - Will be at Minor Support for a downside breakdown. 1.618% for the upside breakout
You can see that the RSI has massive Divergence at the highs as well.
I will also take the trade to the upside but I think the downside breakdown is the most probable scenario.