Update to previous daily accumulation chart for $GOEVPrevious analysis on 3-21-21 (link below). Adjusted spring based on recent price action.
Looks like a low-risk entry point at this level --> just catching the upswing after the spring (or the lowest price level in the accumulation range).
A tight stop-loss would be appropriate here.
Accumulation
NZDUSD ready to push higher for the third leg--->THIS IS SMART MONEY CONCEPTS, NO INDICATORS, ONLY PRICE ACTION<---
->NZDUSD is at a very critical area, where it's ready to push higher in order to create the new Higher High and continue the trend direction.
->If it breaks the previous low / support, then it will probably change the trend direction because it would break the uptrend structure.
->Our confirmation is the 2 minute timeframe Wyckoff schematics (Accumulation), which indicates that the market is ready for the next leg.
->The Risk to Reward at these levels is really great as long the Stop Loss should not be more than 15 pips.
EOS may resume it's uptrend to a previous $5.50 highEOS had a virtually uninterrupted rally from $2.50 on January 28th to the high of $5.50 on February 13th. After dropping to a low of $3.17 on February 23rd, EOS made four attempts to rally, achieving 4 sucessive higher highs on March 3, 9, 13, and 20th. Unusually strong up days on March 1, 9, 13, 16, and 26th potentially reveal accumulation patterns by institutional accounts. It pays to follow the money, in my opinion. I don't currently have a position in EOS, but this may change in the future.
XLM into an accumulation channelXLM is into an accumulation channel and it doesn't surprise me, this is one of those coins which does nothing for a long period until it explodes. Fib levels show that the bottom of the channel is a daily support as the top is a resistance. 0.5 Line divides perfectly in two the channel.
If you wanna enter XLM I personally wouldn't buy 100% of my bag at this level, I'd rather do some cost average here, buying no more than 30% because 0.5 is an uncertain level. Should the price reach 0.618 there you can buy the rest. If instaed it goes up at least you got a part of your bag at discount ;)
At 0.618 most of the trends have a reversal however during this bull season I saw a lot of reversal at 0.786, so if you wanna be very cautious you can buy 25% at 0.5, 50% at 0.618 and 25% at 0.786. However XLM has the habit to pump and dump very strongly and suddenly so time your entry very carefully. My gut says this channel will break upwards unless BTC dumps or pumps very strongly
As you can see I left my trend lines showing my former TA in which I saw a triangle who just broke out, however usually these kind of patterns break out downwards and this didn't happen. It's a different interpretation but I think in this case the channel is the correct one.
<TradeVSA> Evergreen - Double NS in Weekly Chart Sign of strength in the chart:
1. NS in weekly chart
2. Re-accumulation
3. Pocket Pivot
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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
Wyckoff Accumulation on Daily for $GOEVLooks like will test POS line before heading further up (earnings will impact on 3/29/21)
Summary: very near term downside followed by upward movement
All Time Low Accum/Dist 2nd Bullrun starting.As you can see, the All Time Low Accum/Dist 2nd bullrun is starting.
The first time, price came from 0.0065 to 0.056, this is a 861%
0.041 x 860 / 100 = 0.3526
It can grow up to $0.35 this time.
Buy, this is your opportunity.
REEF daily Accum/Dist update.As you can see, Accum/Dist is still in its All Time Low zone. This, combinated with a dead volume, is the alert for an inminent bullrun.
See what happened last time.
If you are out of REEF, this is the perfect momment to buy.
REEF daily Accum/Dist is curving up in its All Time Low zone.This is a clear sign about REEF is in an explosive potential accumulation momment.
This is the advise of an extreme bullrun being loaded, and the best momment to buy.
HPB in accumulationHPB is currently being accumulated and as soon as it breaks out of the triangle it will go upwards, facing red resistance zones. As soon as we break from them we will go to a higher one.
I would not advice though to sit too long in it. Short-term almost 40% potential profits and midterm 90%
datalize.org
Example od Wyckoff accumulation on WIG20 Futures in Dec 2020Trends rarely reverse instantly.
It took 3 days to print this reversing pattern.
It is always good to have a real world example of Wyckoff accumulation at hand.
Including the volume!
In this case the main stopping power occurred in the Preliminary Support.
PS - Preliminary Support
SC - Selling Climax
AR - Automatic Rally
ST - Secondary Test
SOS - Sign of Strength
LPS - Last Point of Support
<TradeVSA> Change of Trend Soon for Dsonic ?Sign of Strength in the chart:
1. High volume in accumulation
2. Shakeout after false breakout
3. Low volume in hourly chart after Green Pentagon high volume
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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
**Non-shariah**KAREX Good time to Entry BuyBuying Checklist
Daily TF
1. Bank accumulation exists.
2. Stochastic bullish divergence.
3. Price cross above EMA6
1H TF
4. MidBB cross EMA50.
5. Momentum Buy (Price close outside BB)
6. Stochastic Bullish continuation divergence.
Why entry now? Because 1H stochastic is oversold!
According to HongLeong Investment Bank (HLIB), they target the fair price value is RM1.19. Wow!!
ETH/USD LongETH/USD could be ready to gun for ATH within the
next week or two.
MA30 has crossed back above the EMA100 which
during this bull run has been a big indicator of
continued momentum to the upside, this is not
something to ignore. If price confirm flips the MA30
as support there will be more conviction in this target
playing out.
A Cup and Handle has formed inside the accumulation
area marked by the gray lines.
As long as the bottom trendline of the handle holds
and price doesn't close below the .5 Fibonacci
retracement line conviction in this play will be
increased.
Target for the C&H, derived from measuring the height
from the lowest wick on the cup to the neckline
of the cup,
puts the price of ETH after confirmed breakout from
the handle at
$2,468
Further extension to the 1.618 fib retracement line
is possible at
$2,514
even going as high as the upper gray trendline
Ichimoku (not pictured would make the chart messy)
It isn't fully bullish yet so this play requires more
confirmation before taking a less risky long here:
-Bearish TK cross happened, the Kijun now above the
Tenkan
-Lagging Span is in the candlesticks, needs to be
above price to be bullish
-Kumo Cloud is green which is bullish
-TK is above the Kumo Cloud which is bullish
-Lagging Span above Kumo Cloud which is bullish
Not entirely convinced just yet,
However given a few more candles with a:
-Confirmed bullish TK cross
-Lagging span above price
-Price S/R flipping above the top resistance line
of the handle
-Price S/R flipping MA30
then we would have a higher conviction long
into All Time High territory
EIP 1559 is a major catalyst for ETH growth as well
implementing a deflationary concept into ETH by
burning more ETH the more fees are paid during
transactions on the blockchain making itso total
supply will stagnate then start decreasing at a
rate of 1-4% a year is inherently bullish.
If not these next coming two weeks, this price target
will be hit sometime in the near future regardless.
It is just a matter of time.
BTCUSDT | Wyckoff Accumulation Before Huge Growth?Hello, dear subscribers!
Let's take a look at the very interesting scenario for Bitcoin which can play out.
The market was in the massive growth stage before this nasty correction occur. The drop was really rapid but the price formed the preliminary supply and the selling climax points. You can check the article about Wyckoff cycle with the link below, but i will remind you that the Wyckoff accumulation process of transferring the stock (or cryptocurrency) from retail investors (weak hands) to institutional investors (strong hands). Retail investors are in panic during this correction, while institutionals do not miss their chance to buy Bitcoin at lower price.
During last week we have a lot of messages that some huge corporation buys Bitcoins at prices below $50000. For example, today MicroStrategy has purchased an additional 205 bitcoins for $10.0 million in cash at an average price of $48,888 per Bitcoin.
So, if we are really in the Wyckoff cycle now there are two scenarios can be.
1. White scenario. We are goin to start the Phase C of the cycle. In this case here can be a lot of shakeouts. The whales usually manipulate the market at this stage. The price is not going to drop significantly below current level. In Phase D it will rise to resistance level and form the sign of strength before continue move to the upside.
2. Red Scenario. Do not panic if the price reach $42000. The scenario with spring is also possible. It is nice opportunity to buy cryptocurrency before the uptrend continuation.
Please, give your experience of Wyckoff cycles trading in comments and give us your support with like!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
LONG Trade idea LTCUSDTLTCUSDT has been accumulating over the past days and has not had the similar boost we have seen in other alt coins. Considering the fundamentals of the cryptocurrency are strong this only makes me think that we have some sort of accumulation of buying occurring currently and that the breakout of this accumulation will bring great results for the buyers. Here is a chart of my thoughts.