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Accumulation

Rangebound. But not for much longer!$BONK aka Bonk Inu has been moving within a tight range for a while - it was on the sidelines and dragged while Solana made it's price moves. Now that the market is feeling comfortable with it's recent bullish turn -- whether that is a long term bull trend reversal or simply a bear market rally is to be seen -- money will start to flow to coins that have few bagholders. Bonk was an airdrop and those who wanted to sell it have sold most likely, those that haven't are likely waiting for prices that we haven't seen yet. It's clear on the chart that somebody is buying up those airdrop for no less than ~$0.0000007777. The boring period does come to an end at some point, and when it does I'm betting the price will be marked up. Price has been in an accumulation / consolidation zone since January 11th when a large holder pulled their liquidity from Orca. Two resistance levels are shown on the chart - once Bonk blows past those, it's price discovery time. Do I hear "Bonk to $1!" in the distance?
Long
by secousa
10
ROKU Earnings: Not Bad But Not GreatROKU has an incomplete bottom ahead of its earnings report later this week. The technical patterns don't indicate a bad report, just not a great one. There is some accumulation and a shift of sentiment around the lows of the bottom formation, which are likely to provide support. It is unlikely that this stock would drop further than the Dark Pool Buy Zone unless it has a bad report. The company has struggled with Market Saturation for a while. Some strategic partnerships recently and in the future may be what the stock needs to stabilize here to eventually begin the next uptrend. Weekly chart showing strong long-term support for the current bottom formation:
NASDAQ:ROKU
by MarthaStokesCMT-TechniTrader
4
BTC - Final Boring Torturing Phase Before BreakoutAs we can see BTC is behaving very simmilary of what XRP did after the SEC lawsuit in 2020. Wyckoff accumulation pattern is almost done, we just have to go through last boring phase, which could drag quite some time. We could be doing a simple ABC correction. Its a phase where a lot of retail will sell, specially those that bought back in at this recent 24k high. Imagine if prices were to stay hoovering here till Sep., when most of retail tought we are already breaking out. For those who understand Wyckoff accumulation pattern, we are currently in SOS (Sign Of Strength) phase and are haeding to LPS (Last Point of Support) in an ABC style which could be as low as 18.3k so don't get scared if that happens. As far as ABC correction goes, we could be already be done with an A wave and are heading up a bit for a B, but i'm not shore about that as A wave could still be in the making. I am not expecting any violent breakdown as there are just to little long positions open as opposed to short ones. DISCLEMER: I am not a financial advisor so non of this should be taken as a financial advise. Be well.
by AVA37
2
GOOG: Bottom Completion FailureGOOG shows a failure to complete a bottom. The stock moved up and above the resistance level that needs to sustain to complete its bottom, but it failed to sustain the gains. This stock was part of the last New Tech Virtual Course I did, since it is developing several new technologies for its own use and to sell to other companies. AI is the big competition area right now, so GOOG may see added volatility this year as the market reacts to AI feature releases, as it did today. But the support range at the lows of this bottom formation is strong due to a Dark Pool Buy Zone that has been consistent.
NASDAQ:GOOG
by MarthaStokesCMT-TechniTrader
LPTUSDT breakout from the Accumulation Phase!The accumulation phase is a stage in the trading cycle where buyers are slowly and steadily accumulating an asset, often at lower prices. This process can be seen as a prelude to a larger bullish move, as the accumulation of assets by these buyers can lead to an increase in demand and push the price up. In the case of LPTUSDT, the recent breakout from an accumulation phase between daily structures signals the end of this phase and the start of a potential uptrend. The price is now testing the previous resistance as new support, and traders will be watching for any signs of new volume load to confirm the trend. According to Plancton's Rules, the target for the price could be in the 9.6$ area, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
6
BTCUSDT is in Accumulation phase below the resistanceThe accumulation phase refers to a period where traders and investors are slowly buying into an asset, creating demand and pushing the price higher. In the case of the market, it appears to be creating an accumulation phase below the 25k area, with the current price testing the 0.5 Fibonacci level as new resistance. Traders may be waiting for a breakout above the 24k level, which could indicate a continuation of the uptrend and signal a new high. The next target, as indicated, could be around 26k-27k. so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
8
BULLISH into BEARISH ScenarioTSLA has momentum to move to 180 area. (This needs to happen before FOMC meeting) I thought Tesla was finished here, but momentum is strong and puts are piling in, I think we may see a continued rally to 169,if we close above 167.55 on daily or weekly, Tesla could hit 180 by Tuesday, before selling off Technical Bullish Patterns: 15min- Bullish pennant breakout - measured move to 170-175 (close below 154.5) invalidates (false break-out) Daily: H&S Pattern measured move to 175-181 (close below ) Technical Bearishness: 1 hr - Bearish Divergence on RSI, MACD, STOCH 200 WMA: 167 currently oversold on BB bands Bearish Catalysts: -1/27 PCE Prices higher than expected -1/31 employment cost index higher than expected -1/31 Bad Tech earnings -2/1-Fed Drops Market on Feb 1st (FOMC decision) **** I think Fed will tank the market
NASDAQ:TSLA
by Black_Sheep1
1
BTC in wyckoff accumulation pattern$BTC at resistance... my original thesis by lightgray line (from Jul.2.), and the updated blue line. So I think we are in a Wyckoff accumulation pattern, and this is the final stage, if the next support test will success. Resistance : PSY leg & AR peak Support : spring leg & SC leg Next step : go testing support again ~19,5-20,5k, if we lucky, the test success at 21,5k, but I don't think so. And spring confirmed by volume, I think the bottom is in ( if the next test is success! )
by puttoAZ
Bitcoin, the BIG PICTUREFor those of you that have been following me and @Mayfair_Ventures there is nothing new yet apart from more evidence that our picture is correct. The Monthly and Weekly Elliott Waves shown are unchanged. We know that technically the Monthly is broken, but as we are not religious fundamentalist Elliotticians we don't mind. The new data we see in this picture is the high volume week (the highest ever) and the accumulation visible in Commitments of Traders data, seen in our CoT tool below. These two facts are new evidence of the big players accumulating ready for the next bull market in Crypto. For us, this is the start of the process, which may have some months to play out. It's just nice to see some more signs supporting our theory. Don't use margin to get long here. We expect further bumps in the road, and there will be more and higher probability opportunities along the way. If you are long cash like I am, then you can't get stopped out, and this new evidence gives confidence to add to longs as we get dips in the coming months. You can get the CoT tool for free by going to our website, and clicking "GET A FREE INDICATOR". CoT data is released weekly in arrears, so it's great for picking up long term changes in trends like this. Short-term we expect a series of rallies to clear out the shorts and get crypto twitter buzzing, followed by another dump to catch all the Youtube/Twitter influencers and their orbiters with their pants down. This market doesn't give anyone a smooth ride. Once everyone has given up, then it's rally time. Stay calm. I'm calm because I'm already long down here and can't get margin calls.
COINBASE:BTCUSDLong
by Paul_Varcoe
10
SOLANA - Plan since June 22'My accumulation plan for SOL solidified back in June 2022 and I had marked out overall structure I want to consider as an accumulation area with buy zones. We have now entered (and quickly exited) my 2nd buy zone. Was that our only chance to get in around $8 or will we get another chance even cheaper? I think the bottom is close, but I think we revisit the lows again in my buy zone 2 area before the bottom is finally done. The blue path has now just been extended, time-wise, for a potentially exciting 2nd half of 2023 and into 2024. I shared this chart back in June, plan remains otherwise! Cheers
Long
by cryptovatsik
3
Long BTCUSDT Bitcoin is making a spring and doing the Wychoff's accumulation, beware of shorting at the support. The whales are manipulating the price action to traps retails to short the bottom and reverse it up. Investing and trading is a game of probability where the market moves up, down or sideways. Hence, the probability of a trader winning is around 33.33%. The crowd and retails are always wrong, people are too bearish at the bottom of a cycle and too bullish at the top of the cycle. A lot of traders try to be right after I warned about the institution Wychoff's manipulation and some refused to listen and give into whales manipulation. Some traders tried to aim for 10k price for BTCUSDT to buy the dip, but it never happened, the only way you can get rich is to buy at 16k and HODL. Talked about it so many times and yet people still love to donate to the market trying to be smart. The cryptocurrency , Bitcoin or BTCUSD is now trading at the golden support again with whales manipulating retails to short at support before doing a Wychoff's accumulation and reverse to the upside. The manipulation was a huge success but I tried to warn the stubborn poor retails traders but yet they refused to listen. Only few listened, I hope they are in profits now. Bitcoin prices had been ranging around at 15k-17k as I said and now it had made a double bottom , soon it will continue to go up and everyone will get rich. A double bottom of a double bottom . It had made an impulse correction and soon will go to 35k to fill the gap and beyond, to da moon. On weekly, the chart had not broken the low and is making a higher high, soon it will go to the moon, buy now. Amplify your gains by using leverage, long here and u can be filthy wealthy. Time to go all in and get rich. Bitcoin or btcusd had made a double bottom technical structure. Bitcoin is doing the same Wychoff's accumulation and soon shall reverse the trend and bottoms here. Do not be tempted by whales to short on bear traps!! Warning, DO NOT short the market and get short squeezed. Buy the DIP. I see a lot of retail traders lost money shorting bitcoin at 17k instead of buying it, this is your last buying opportunity before we move up to 35k to fill the CME gap. The whales had been doing manipulation on bitcoin and ethereum . It had already made a 5 waves up and will do a correction before pushing further up to 35k to fill the cme gap. DO NOT MISS THIS last chance to buy the dip opportunity. The whales are tempting you to short bitcoin so that they can push the prices up by doing this sideways movements. Do not be deceived by the whales manipulation. This manipulation by whales are food for them as retails traders getting liquidated easily. The whales are accumulating. It is trapping breakout traders to short here, this will bottom here. Long btc . Sick of this sideway obvious manipulation by whales. On a higher time frame, it made a impulse and ABC correction, soon it will moon and everyone will get rich like WOW?! This is not a signal and do not follow but a trade idea. Use your brain to trade and don't follow blindly! Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach
Long
by Future_Wei
2
P2P | Gold Trade BreakdownWhat's up everyone and welcome to my first trade breakdown . In this clip you'll get an inside look at how I usually scope out my trades , what I personally look for in a setup , how & when I would execute on the trade . *Also try your best to ignore my loud washer machine LOL* I don't normally post these types of videos because everyone has a different bias as to how they see their trades but at this point I figure maybe my breakdown would help someone else understand the markets a little bit better. So I encourage you to enjoy this lil clip and I hope that you find some value in it. Also make sure to follow the page for more education! DISCLAIMER: ***This page is for educational purposes only and is not intended for any financial advise. I am not a financial advisor nor do I manage any other accounts for our users. Any trades you take will be of your own doing and P2P will not be held responsible.*** We have a lot in store for 2023 & I can't wait to see everyone winning!
OANDA:XAUUSDLong
by Pips2Porsches
1
Accumulation patternWyckoff accumulation scheme We will update this idea with more charts with comparable accumulation fractals. In this chart we are in a high potential spring phase, wich also can be defined as ''MAX OPPURTINTY'' wich is usual the final move down before strong increase in price. How to made a trade/investment plan out of it? 1) If u are a longterm investor and u belief in an asset/company/etc, then i might want to set a buy ladder (multiple limit buy orders) below previous low(s). The risk on this strategie is that nobody knows excactly how low it can go. 2) Wait for a stong sellof below previous lows and wait for sings of reversal '' bullish div, high negative fundingrates at extreme oversold levels, fair, fud, etc. You get the point, waiting for confluence that the market might reverse after a strong selloff. 3) Wait for conformation on a swingfailure ( Bullish breakout on the downsloping trendline) This is not the best entry, but its the savest entry out of the 3. 4) Combine the 3 above with the amount u are willing to invest based on the risk u want to take. We will update this chart with historical charts where we have seen the same kind of accumulation phases. Regards, Team Quantistic
Long
by Quantistic
5