It seems to appear a bullish pennant is in play. Closely watching for higher/lower low and a break out to ither side.
I think we might have a wedge being played. There are several supports at 51k: trend from July, 0.62 fibo and wedge support. In my experience, you can expect a fake breakout too. The decline to 51k will also mean a triple divergence of the RSI. The target is 64k.
BTC might be in an accumulation phase before the final leg up for Q4. NAFA/DYOR
FLUX made an almost 500% pump in the last month. Since the ATH made a 50% correction. FLUX has broken the downtrend twice after finding support at 0.786 fib and a strong support order block (confluence area - Yellow box). We can see a similar pattern in Kadena (KDA) where they both ride together. At this stage, we can see a massive accumulation happening (refer...
The price moves interestingly, seems like it has trouble continuing a bullish movement right now - the price entered an equilibrium, in my opinion, it's a reaccumulation that will break strongly upward I will break the stages down 1. SC - AR - ST - Small Correction: Those created and completed Phase A - Stopping the previous trend: the fact that the correction...
Explained in text on chart. OBV update to come on the daily. If BTC is to impulse up, it is this week. 29/11/21
A huge Wedge Pattern has been formed in SKALE. Start accumulating to make HUGE Profits in the future.
55200 is the key level. To stay below it is rather a continuation of declines. I have a short now with 55100 - after the weekend we should definitely drop to 54000 (cme gap). However, I think we have an accumulation of 54k and I expect a bottom exit to around 53k and a comeback. I even see the possibility of returning to the area of 64k. But now you have to watch...
Currently seeing daily 3HR & 4HR being respected. Will closely monitor to see if any BOS in higher tf. Anticipating accumulation for now, then when BOS happened, will look for OB again for long opportunity. Good RRR, trade from OB to OB. Patience! Patience! Patience!
This presentation is for informational and educational purposes only; it should not be construed as investment advice of any kind. As mentioned in previous post, We expected prices to jump after the absorption of supply. We achieved our first and second targets (+31.5% , +50%); perhaps we may now move towards achieving the third target. Re-accumulation process...
Hi all, Latest price action showed wyckoff is not a pattern but a scheme. Lot's of non-text-book, incomplete distributions and accumulations and their twisting combinations occured, so i digged in to the idea of a bigger underlying structure of accumulation, right under the yearly resistance at 58k looked very much possible to me especially after many bullish w...
Hello Traders, Today I am with another cryptocurrency which has more than 100 days consolidation. I think KUCOIN:ARXUSDT is in accumulation phase and I am expecting 600% return after it gives breakout from this long accumulation phase. Also it looks like ARX is forming double bottom pattern with second bottom is higher than first bottom. Leave your opinion in...
YFII daily chart shows a small hidden bull div with OBV. This means that there has been accumulation even when price has trended down/sideways. this wedge will probably breakup and break pretty strong. wait for breakout and ape.
worth to check - almost one year reaccumulation range.
A very good entry to take , flage pattern broke and a release from accumulation. At least 60 % move is expected from fibinnocci analysis
Hello traders. we have a chart like shib chart here.seems burger is getting ready to start a sharp move. as long as there is not a breakout to the downside I'm bullish. you can see shib chart in below.
This presentation is for informational and educational purposes only; it should not be construed as investment advice of any kind. A failed effort to go down on a low volume. It is a very positive sign of the fact that the market is about to start the bullish movement. We saw that the stopping volume entered in Point A and we saw it again in Point B where the...
Broke out of the downward channel. Check the enormous Volume last 2 weeks. If this is not accumulation then I don't know what is (see related idea). Re-test of the BUY ZONE 0.4-0.35 from above would be great opportunity to get in/add more. Targets 1.48, 2.55 and 3.63. Like👍, follow✒️, enjoy📺!