Testing out a new indicator I found, it's interesting that every time BTC has fallen below the top band, it has stayed in between both bands and moved sideways until breaking out to the upside. At this moment, BTC broken below the top band and even touched the bottom band as support, not sure if we have reached the bottom yet but based on past circumstances and if...
all these charts i made months ago, love to see how many of them are near what i though the accumulation zone might be. Seeing how the market is and major economic factors i think the accumulation zone will be much lower now
In earlier cycles entering below the 200 weekly moving average (blue line) and staying above the 300 weekly moving average has been great accumulation zones. If we extend trendline between accumulation bottom 1 and 2 we end up with a log scale channel that corresponds with the same area.
This presentation is for informational and educational purposes only; it should not be construed as investment advice of any kind. Accumulation process is nearly complete, maybe we are at the last stage before prices fly, as we have the further price increase with good momentum in a combination with extreme increase of the volume confirms the absorption of...
I am excited to see BTC in this price. Everyone who have experience in trading know this is the biggest discount he will EVER see. I marked two major areas that will reverse the price. Target 1: 19,600-17,700 Target 2: 12,000-10,000 whales will start accumulating BTC from those demand areas (because the Imbalance candles) If price drop below 17,700 then the...
Potential Accumulation forming in Daily demand, price broke structure on the 10m giving what looks like a SOS and now we've had a pullback into the 10/15m Demand where price has rejected from, i'm looking for price to clear the highs and pump, lets see! Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial...
Wickoff accumulation Buying point below 1700. SL 1550 . TP-1 968 TP-2 2144 TP-3 2418
I know it's been pretty dull for BTC lately but I see possibility of 50k levels to come soon, confirmation of strong bull trend will be when bottom indicator moves above 0 or yellow line. One reason for above observation is that lately price action has been compressed and I feel its an indication of big player interest area, do not be surprised if current...
XTZ Tezos, the self-amending cryptographic ledger now has been backed by the biggest stable coin USDT. This will help XTZ succeed further more. Tezos fundamentals are very strong as its already ahead of the POS competition. "Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2020, it was announced that the...
Update from post yesterday - obviously the manufacturing news killed momentum so taking this opportunity to roll to July expiration and add some lower strikes at a discount. - Chart indicates a symmetrical triangle breakdown into support. DMI suggests accumulation, this will be the spring. - Expecting yellow path to play out as price trajectory. Forming an...
HAL is showing incredible strength, with a cluster of RS before new highs and even after a day of significant selling, price still held the short term uptrend that also forms the handle in this cup and handle pattern. Over $42.60 and this stock sees new ATHs with just over a month to go before earnings; HAL has done well on the last 4 earnings and in this current...
FLEX has shown good relative strength recently and looks like it's been under accumulation since April (see the yellow dots). Price filled the gap 2 days ago on good volume and yesterday saw a bullish looking inside day with a pocket pivot. If price can hold over $30.47 we could see a decent move to new ATHs
CNX has shown great strength recently and broke over $23.33 pivot to hit new ATHs yesterday; volume has also increased, having shown volume dry up during the accumulation phase. The U/D ratio on this ticker is also good and suggestive of institutions buying this stock up.
AIR has been under accumulation recently, forming a nice base with signs of institutional accumulation (pocket pivots, volume and price tightening) and yesterday broke the $52 pivot with big volume to reach ATHs. RS is strong and the cluster of RS before new highs prior to yesterday's breakout is a good sign that this could be a good time to enter for a decent...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC has been in the accumulation zone for the last 28 days. It is in range-bound between $28-$32k. Once it breaks from this accumulation zone it will pump well. It's also forming a symmetrical triangle-like pattern and currently, it is hovering...
GNK has seen a recent increase in volume and clear signs of accumulation in the last few months, in particular drifting price after pocket pivot signals in the volume indicator. This resulted in GNK breaking out to ATHs over the $26 pivot level yesterday. Relative strength is good and price is holding up well despite bearish market conditions. Look for price to...
* Coming up on the right side of its base * Picking up on volume as it ascends in price * Broke out of its inverse H&S pattern earlier and now is in a tight consolidation * Three consecutive pocket pivots * Forming a bull flag Technicals: Ticker: $FBRT Sector: Real Estate - REIT - Mortgage Relative Strength vs. Sector: 6.65 Relative Strength vs. SP500:...
1- Sharp Downward movement toward 27k zone. 2- Reversal from the zone. 3- First target 37k.