USDC - A strange gap that feels aloneIt is worth keeping an eye on this gap on USDC.D because it could be used as a potential flashpoint and space to create an earthquake in the crypto market.
The vast majority of intestors and traders are watching USDT.D which is a mistake looking at the fact that USDC is also a very important player in the market
Shakeout
XRP Accumulation for 100% returnI believe we are in a prolonged, multi-asset bear market.
With that said we have not had a significant retracement for months. We are overdue both in time and price.
A break of the recent lows will do the following:
1. Stop out any currently accumulating bullish positions with stop losses
2. Trigger entries for short sellers expecting a larger downside move (creating liquidity above for buyers)
3. Increase overall fear, making it difficult for retail to buy
To me it looks like a perfect storm for price to catapult up to .60+ at which point I would highly recommend taking profits as the aforementioned bear market has not yet ended.
TCDA - Ascending triangle breakout. Retest breakout levelHigh volume throwback to the breakout likely was a shakeout move.
Risk: 90 bps
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas
BTC 33K SHAKEOUT BEFORE BULL-RUN 2.0I have mentioned in my earlier posts that we are in huge rising channel on the weekly timeframe.
On the weekly we are looking bullish, however on the shorter timeframes i see some bearishness.
On the daily BTC has printed a bearish engulfing candel which tells me that retest of the bottom of the channel is most likely to happen.
But that makes me even more bullish because RSI is most likely going to make bullish divergence which will bring us bull run 2.0
What do you think about my opinion?
If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
Dogecoin preparing for a moon misison to .23Looking for a quick shake n bake bounce off the sad face near .17. Hopefully it'll be enough to support the next launch to the moon at .23.
BTC Bullish Idea.Hey guys, here is what I am looking out for from BTC over the next 30 days.
This idea is based off the Wyckoff accumulation pattern. It's a classic retail shakeout tactic where institutional investors fill or their cheap BTC orders while we sell low and buy back high.
BTC dominance is starting to trend higher so Alts will likely get wrecked over the next 30 days.
Time to accumulate BTC for the long term.
Not financial advice, do your own research. Its a very high risk and volatile period.
More updates soon.
Shades of the Shakeout of Oct 2019In October 2019, the charts looked very similar to what we're seeing now with BTC. Price had been falling for more than a month and the 200 EMA was providing heavy resistance. Everyone was talking about a looming Death Cross (where the 50 EMA crosses below the 200 EMA). We saw bullish divergence and seller exhaustion on the daily chart (similar to today) and were positioned for a strong bullish move. However, on Oct 22nd, there was a strong selloff and the price fell about 10%. This move triggered countless stoplosses and liquidated an enormous amount of leveraged longs. Chants of "Bitcoin is Dead" were all over social media. Then, just two days (or so) after the dramatic drop, BTC rocketed up 40%.
The drop in price on the 22nd was a Liquidity Grab/Stoploss Hunt. Big players need liquidity in the markets in order to fill their desired position sizes. Many traders provide that liquidity by setting tight stoplosses at critical decision points. The traders that panicked or got stopped out on the 22nd, missed the 40% move on the 24th.
I'm **NOT** saying history is about to repeat itself or that we're going to jump 40% from here... I'm just saying that now is exactly the wrong time to panic. I'm still expecting a strong bullish move that will catch many by surprise.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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#Bitcoin : Wallet of 2,207 BTC has become active after 8 yearsA #cryptocurrency wallet containing 2,207 Bitcoins (roughly $150 million at current prices) has become active for the first time in over eight years, according to blockchain tracker bot
@Whale_alert .
The wallet transferred $129 million worth of #Bitcoin.
<TradeVSA> Shakeout + Pullback. Bullish Setup?Sign of Strength in the chart:
1. Reaccumulation with Shakeout
2. High volume heading to resistance
3. Pullback
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Shakeout Completed in SCICOM Sign of Strength in the chart:
1. Shakeout in Daily Chart
2. NS Signal with Green Pentagon in Weekly Chart
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Apply Advanced Technique using NS SignalCase Study:
1. KYM
2. TEXCYCLE
Main focus in the video:
1. How to spot Shakeout
2. Support level with NS and LC
3. Confirmation on Shakeout
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> LULU - Pullback Completed with Green PentagonSign of Strength in the chart:
1. Shakeout in reaccumulation
2. Green Pentagon above 20/40ma with Shakeout completed
3. Pullback in uptrend
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Potential Shakeout in PASDECSign of Strength in the chart:
1. Re-accumulation
2. 3rd Green Pentagon
3. Monitor for shakeout and effort bars
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Pullback from Re-accumulation - KARYONSign of Strength in the chart:
1. Long period re-accumulation
2. Pullback
3. Shakoeut
4. NS signal at support (weekly chart)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock