TVK: Accumulation Manipulation and Distribution to $0.16Exciting developments in the crypto space as TVK (ThetaFuel) follows a trajectory similar to LINK, experiencing a prolonged accumulation phase within a range. The recent shakeout below the range, swiftly followed by a sharp recovery back within, sets the stage for a potential upward move. Anticipating a retest at the 0.5 imbalance level around $0.036, with the first target set at $0.16. Let's delve into the details. 📈💼
TVK's Accumulation Breakout:
Range-Bound Accumulation: TVK has undergone an extended period of accumulation within a defined range, resembling the scenario observed with LINK.
Shakeout and Recovery: A recent shakeout below the range swiftly followed by a sharp recovery back within signals a potential accumulation breakout, reminiscent of LINK's historical movements.
Key Price Levels:
Retest at $0.036: Anticipating a retest at the 0.5 imbalance level around $0.036. This level serves as a critical point to observe for confirmation of the bullish momentum.
First Target: $0.16: Upon successful retest and confirmation, the first target is set at $0.16. Achieving and sustaining this level could pave the way for further upward momentum.
Trading Strategy:
Observing Retest: Patiently observe the retest at $0.036, ensuring it aligns with supportive price action and volume for confirmation.
Strategic Entry: Consider strategic entry points based on the confirmed retest, aligning with your risk tolerance and trading strategy.
Risk Management: Implement risk management tools such as stop-loss orders to mitigate potential downside risks.
Conclusion:
TVK's accumulation breakout, resembling the pattern seen with LINK, presents an exciting opportunity for traders. A retest at $0.036 followed by a potential rally to $0.16 is on the horizon, offering a dynamic landscape for crypto enthusiasts.
Wishing you successful trades on the TVK journey!
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Acummulation
$BTC LONGS POSITIONS This is the only chart that keep me Bullish ASF
The last time we have and ATH the Longs positions are marked in the chart.
Now we have a huge spike in longs positions.
They know something that we dont?
Time will tell, for now, im acummulating every coin that i can, preparation is everything.
Have a good week
They are trying to shake out the marketSince last year most cumulative trading volume within BTC was in the range 30k-40k. Why would institutions buy-in within this range if they expect a drop to 20k or 10k? Because it won't and they don't expect it (this year).
apes strong together, btc acummulation range This dips are not for selling, they are for buying. I refuse to sell in bull market.
