Institutional
ETHEREUM "Bull run"Here is an updated chart of the Ethusd that we analyzed some weeks back, about price dropping towards 1985 mark and looking for possible long entries at this zone. The harmonic pattern got completed but didn't exactly give a precise entry. however, price headed further down to take out the d1 order lows and immediately rallied back into structure. Hence, we'd be look for possible long entries on LTF. Comments are welcome.
1 year: Impact of Institutional accumulations on Bitcoin pricesAny feedback and suggestions would help in further improving the analysis! If you find the analysis useful, please like and share our ideas with the community. Keep supporting :)
In this post, we have attempted to cover some of the major institutional accumulations that has happened in Bitcoin since June 2020.
Bitcoin's rise over the past 1 year has been phenomenal. The rise does not only mean in terms of prices, but also as an attractive asset class that provides a much-needed diversification. During the pandemic, the response towards Bitcoin has been nothing short of extraordinary. Both institutional investors and retail traders understood the importance of Bitcoin in building long term wealth.
The data presented in this analysis has been researched and curated from different portals such as Tradingview, Coindesk, Forbes and Twitter. We have reviewed five different dates where the volumes have spiked up massively owing to news surrounding accumulation of institutional investors.
It should be noted that the dates mentioned here reflect the news coming to limelight regarding the accumulation. It does not necessarily imply that all the accumulation happened on that exact day.
02nd June 2020: BTC closed at $9525.73
Fidelity Investments stated in their report that the number of institutions buying Crypto derivatives products has more than doubled.
27th July 2020: BTC closed at $11,046.19
Report shows Bitcoin futures surging past 186% as institutional accumulation of the underlying continues at a massive pace. BTC jumps up above $11k.
20th October 2020: BTC closed at $12,802.67
Paypal announces its acceptance of Bitcoin for payments. This time the accumulation is fuelled from both institutional and retail end.
17th December 2020: BTC closed at $22,814.24
Grayscale investments increased their Bitcoin holdings by double digit figures over the past few months. Bitcoin shot up by approximately 7% following the report.
29th January 2021: BTC closed at $34,249.64
Carthie Wood's ARK publish that Bitcoin climb unto $400K as hedge funds and several other institutions are steadily increasing their Bitcoin and crypto holdings.
Another interesting piece that has come up very recently is MicroStrategy NASDAQ:MSTR , a business analytics firm has purchased around 13,005 Bitcoins, amounting to approximately $489 million, on Monday, 21st June 2021.
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Any feedback and suggestions would help in further improving the analysis! If you find the analysis useful, please like and share our ideas with the community. Keep supporting :)
GOLD Long Looking to long gold all the way 1875 level as we are heading towards NY session opening and we are also looking at 26 upcoming news, remember we are trading mainly fundamentally.
but also technically and order stream and pivot levels. Good luck and trade safe use proper risk management and this is not financial advice., any question comment down below
( Analysis done by )
- Price action
-Institutional data Analysis
-Technical analysis
-Fundamental analysis
- Smart pattern analyses
- Order stream
- Smart money
AUDUSD Harmonic Shark Price is forming a bullish harmonic shark pattern with the harmonic reversal zone perfectly corresponding with a bullish orderblock . If we can see some retracement into that zone we should have a sniper entry for the buy with first TP being 45 pips or higher and 2nd TP being 85 pips or higher ( higher pips if u catch a entry lower in the level)
16/20Outside of my normal time and on a monday morning which is weird but setup was there so had to take it. 4hr Ob as well as nice buy below open of day as well as RRR being 1:5. Pretty simple I feel like im getting a lot better at identifying nice setups. Since this is first trade of the week I am looking to maximize profits and let this one run to my final target.
13/20Ok so definitely this area could get blown through but RRR is nice and my POI is being tested and wicked so SSS. Execution was nice and patient. Really not knowing what to expect next which is good so we shall see. First trade of the week (Wed morning) and first real time this week putting in time on the charts and multiple nice setups were sound so I am optimistic for this week.
$SRGA Long.I am long $SRGA at $1.65. Target $2.20 pivot
Lots of insider buying. Institutional ownership way up and transactions backing it up. Long term trend reversal attempting to hold and continue. Made a very nice bounce intraday Friday and looks ready to make a move higher.
Stop loss = $1.57
Target price = $2.20
Goodluck! 🤙
Follow me on ST @OneTwoThree_
BTC - SHIB - ETH - Daily Review Hourly head and shoulders forming on bitcoin. TP would be in the 37800 range at structure.
ETH - Loving the sideways movement allowing the same pips twice in two days!
Shib - Would expect a solidification of the bottom we've had and sentiment to follow with the two legacy coins.
Keep Stacking It
How you do one thing is how you do everything.
-Harmonic Puma
Same Boring Concept Here we can see again a beautiful trade coming up.
Keypoints;
- Rising Wege in the 4H time frame
- Rejection coming from top and selling pressure on the wicks.
- Almost near to supply but maybe rejected earlier.
- To touch the trendline.
Simple concept, good risk management and let's rock it together.