Long term accumulation of Crypto is the only logical way moving into a new financial system. Happy trading Happy Sunday!
order blocks wave analysis Accumulation Momentum measurement PRICE ACTION Market structure SUPPLY ZONE
price action range break out trend change signal accumulation
Technically this is the structure I'm looking for, confirmation should come with the secondary test (ST). But, my feelings tell me we haven't hit bottom yet. I speculate that the loss of the 20k support will make this accumulation happen with the Selling Climax (SC) hitting the 13k support, eventually with a BearTrap touching 6k.
Solid setup emerging as this stock has based all year long and has major signs of accumulation since its earnings report in mid-May as it forms the right side of a base. Volatility remains contracted near the breakout level, which is a big plus. Potential entry trigger - break over last weeks highs.
Hi, I hope you're doing well. On the monthly chart of Bitcoin and the analysis of its Accumulation/Distribution indicator, we can observe that the slope of the A/D line is showing some potential bottoming. Whenever the slope of EMA and SMA of the line turns positive, we can say the probability of the bitcoin bottom is very high. But all of this depends on the...
I posted the idea yesterday on turkey 101, here is the precise expectations: - drop to ~353 by mid next week, small bounce then continuation to the 332-340 range to complete wave 4 before August concludes - wave 5 will be around 438-456 and realized in December Cool company, among the most volatile names, went from 90 in Mar 2020 because of covid to 860s in 1.5...
I posted bigger picture bullish predictions for ETH end of June and July when it was under 1100 predicting a rally to 1700-1800 - my expectations then was derived from the accumulation structure I observed around the bottom and those were markup targets. At the time my upper resistance was 2333. Given the information contained in the price action since then I can...
Massive descending wedge forming on HTF charts for $THETA. Looks like it is being accumulated right now and a clear bullish RSI divergence adds confluence. ~$2.25 could be a short term target but I am in it for the long term.
As the merge from proof of work to proof of stake gets closer for Ethereum there has been a bullish relief wave hitting the market. I do believe that Ethereum is leading the charge in this relief rally as the merge will have a major impact on the entire cryptocurrency market. Ethereum on the weekly looks like it's on an up trend to hitting $2200, but be...
Jasmy has bottomed 3 times within this inheritly Bearish Pattern while Bullishly Diverging each time with the 3rd bottom putting in a slghtly higher low and it is now broken above the supply line here and may look to Square-Up to the upside so long as it holds above the nearby Moving Averages on the Daily.
After hitting the low on 11 May, U traded in a sideway range between 32-48 for almost 3 months now, forming a possible base. The higher volume during this period suggest there could be some accumulation going on. However with earnings expected out tomorrow, there is a always risk of a nasty surprise. Hence to be conservative, wait for results to be out. Should...
I have only been in the market 18 months, and have tried/tested many indicators. The only one that has remained consistently true up until this day, is the Wyckoff Distribution Schematic #1. It hasn't really faltered at all since people started drawing the comparison early 2021. If it remains true, we will hit ATH before the cycle is done, sometime around the end...
Opposite the Wyckoff Distribution is the Wyckoff Accumulation. This is a sign of buying from big money. It shares many elements of the distribution and is broken into 5 phases. I will briefly outline them below... =================== Wyckoff Accum Phases Phase A: Phase A marks the stopping of the prior downtrend. Up to this point, supply has been dominant. We...
HEY traders The distributional behavior on Ethereum is clear. It may not be the end of the rise, but at least the price will fall to retest the accumulation area
This analysis is based on the scenario that we are about to complete the schematic with a following rally. A possible position can be placed like: -50% of total position size on the LPS after we have seen some Sign Of Strength. -50% of total position size on the LPS after we have seen the Sign Of strength of the smaller area. (something more that...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I found EURUSD Weekly chart a great practical example of Wyckoff's Theory. As per Wyckoff Price Cycle, we are most probably entering in an accumulation phase. and yes, it is still too early to judge, as for the accumulation phase to start, we will need a consolidation as...
My position based on the re-accumulation schematic it the following: 3 entries 1/3 of the total risk amount on the breakout. (1629.12) 1/3 of the total risk amount after the retest will be confirmed. (waiting) In this case I must comment that the flag existing right not is not the one that will give the confirmation, but a pull back done from further away will...