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.
Accumulationzone
SOMETHING BREWING ON BTCBTGAbout leaving accumulation zone imo. Always move together with #BCD. A clean above the red line validates
BTTBTC: Market in Accumulation phase BTTBTC: Market in Accumulation phase.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
BTCUSD: Volume Profile Accumulation Zone $5,910 - $8,630
Suggested accumulation zone: $5,910 - $8,630. This is where the bulk of the volumes lies in the past 27 months.
VPVR shows point of control as $6,263 from the rally in September 2017 from mid $3ks until January 2020.
Declining volume implies a breakout in the not so distant future. Above $11,500 there is declining volume.
DYOR.
Increased Volume Suggests a Whale is Accumulating EnigmaAs bitcoin formed a pinbar that might and likely will lead to small pullback, it is a good opportunity to buy trade an alt against btc. Enigma is dancing close to its point of control. Even though there is a multiple rejection pattern, the increased volume suggests, it is only a big guy accumulating this coin.
I am already in and I expect to collect profits on the second target or higher.
I will be rating all my published analysis in 2020 transparently. This one is going to be considered successful if the price hits its second target with an ROI of 1:3.2
Good luck!
Accumulation Zone Entry For $TREETREE As noted in my previous post on LendingTree (linked) this is a patient trade that requires a trader to display discipline and belief in the trading plan. The accumulation zone was noted as 285-270 in previous post, and this week TREE hit sub 285 for the first time on the pullback in formation of a true cup and handle pattern. I say "true" cup and handle because that--along with head and shoulders--are the most misused patterns I notice on this site. The true cup and handle is a continuation pattern that should occur at the top of an uptrend, and the handle portion should retrace about 2/3 of the cup depth. So, if you are looking to add to or get in TREE, I say now is the time. The handle bottom should coincide with the uptrend support line and the 125 moving avaerage, which this stock respects. First target will be 450ish, with the very real possibility of this stock ending up well over 500 in the next few years, macro conditions permitting. Happy hunting and GLTA!!