XRPUSD - SMART-MONEY BUYS AND HOLDS - HERE IS WHY! ____________________________________________________________________________________________________________________________________________
Hello. Today i want to share with you an important and interesting observation which i made with XRPUSD. We are looking on the weekly-time frime. As the
cryptocurrency market consolidates and BTCUSD provides some possible bullish break-out signals, Ripple is an important coin to look at.
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As you can see on my chart, there is an pattern which exactly repeats.There is a reason why XRP is the third biggest cryptocurrency after bitcoin and ether-
eum. It has an longer history in the cryptocurrency market backing from a time where the mass of crpytocurrencys existing today wasnt there. As XRPUSD
provided two growth phases in which it gained 5544 % in the first and astonishing 94870 % in the second, the same pattern is repeating right now.
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After the first growth phase XRPUSD had an corrective phase where smart investors took profit and XRP dropped down, you can see the take-profit phase
marked with the red box in my chart. Then it took a long accumulation phase where smart money accumulated before public money to launch the
rocket to moon. This provided the second growth phase which you can see in my chart. The pattern provided the last months is nearly the same,
the take-profit phase with an ABC-correction an the accumulation.
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XRPUSD is an good coin with lots of support from banks and goverments which implementing and integrating the coin, also it held the market-cap and price
stady above the 0.24 support, it bounced several times in this price level as smart-money is accumulating, exactly the same pattern repeating seen before.
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Thanks for watching! May all luck and happiness come to you! For more market insight feel free to support!
The information provided is for educational purposes only and should not be used to take action in markets.
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Accumulation
How Smart, Retail and Dumb Money accumulates in the Market._______________________________________________________________________________________________________________________________________
Hello traders, investors and community. Today I want discuss with you how Smart-Money, Retail-Money and Dumb-Money (News trader) accumulates in
the cryptocurrency space.
In my chart, you can see the specific phases in which these three types of buyers accumulating BTCUSD for long-term purposes.
With two accumulation processes already finished and the third developing now.
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1. Smart-Money: Given in a downtrend a new lower low is established, Smart-Money, also known as "whales", "institutional investors" or "Big Players" placing
high Limit-Orders (Often Over-The-Counter) at likely prices and pushing the price higher. A new short term-trend is developed.
2. Retail-Money: Also known as "private trader", "individual money" or "not-institutional" accumulating shares at given prices after smart-money already
pushed prices higher. There is still plenty of space for price to develop in this phase.
3. Dumb-Money: This type hears the news and rushes in to buy bitcoin shares. He does not follow technical analysis and is normally emotionally driven.
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There is no way of accumulating right or wrong for long-term purposes but the best option would be to accumulate at best prices as smart money does.
In my analysis, I consider buy and hold for long-term purposes with these specific types, not traders.
As a trader, you can take advantage of it and places your trades for maximum profit.
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Thank you everybody for watching, feel free to support. May all your trades going well but more important happiness and a good life! ;)
Information given is only for educational purposes and should not be used to take action in markets.
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Bottom Formation with Dark Pool Buy Zones: DISNYSE:DIS reports earnings next week and is attempting to complete the bottom formation that started last summer. The stock must now sustain above the bottom completion level at $95.
Even though the market is over-speculating many index components, this stock is more likely to have sideways trends or platforms if the price holds above the new support level to complete its bottom.
Dark Pool buy zones are evident within the bottom formation, providing fundamental and technical support.
WYCKOFF - A BITCOIN MOVE I have been trading this Macro pattern since before 2023 started, with the knowledge of the TRICH matrix (A Investment cycle theory invested by George Tritch) that stated that the time to buy Assetts due to the beginning of a new cycle. This cycle comes to a head in 2026.
Therefore with ths knowledge accumulating BITCOIN due to its performance history was the best approach. Here we can see the Pattern playing out perfectly, and where the 'current' position may be.
Additional to that, is recently the way 'MEDIA' trys to manipulate markets, especially retail into providing liquidity aka 'Dumb money'.
[ETH/USDT] Confirmed accumulationAfter the breakout of the trading range with strong volume indicating presence of a bigger demand, now we are at the level of testing the resistance in the Wyckoff literature this is called jump across the creek which is a higher low above the trading range now our bias is 100% confirmed
Bitcoin Vertical Accumulation? Appears so..Bitcoin appears to be in vertical accumulation currently within this ascending range.
Prices continues to respect the range lows and continuously grinding up.
Hold the range and 55k is is likely.
Consider the upcoming ETF announcement, stay vigilant.
Cheers,
Vatsik
[BTC/USDT] Potential accumulationsince Dec 5th 2023 bitcoin has been in a trading range sometimes even creating new higher highs (45879 high) but no follow through until Jan 3rd market did the strongest down move with the biggest volume signature but the result of it was not that bearish since it closed near it's high that, that move made me think that the market is still supported by buyers and therefore a potential accumulation
[ETH/USDT] Potential accumulationSince Dec 9 ethereum has been ranging providing no clear direction until Jan 3 where extremly high volume attempt to break the low of Dec 18 but with a increase demand coming in and close insinde of the trading range for me this was my confirmation of a potential accumulation if the biggest volume ever since Aug 2023 could not take the market lower then we have a strong demand holding the market
Bullish Livermore Accumulation Cylinder on ZapexLivermore accumulation cylinder forming on the Zapex chart. You can clearly see the widening mouth pattern where price moves back and forth between the two nonparallel lines. Currently at only about 1 million market cap this CEX/DEX Aggregator looks like it is about to explode to the upside.
Gnosis - GNO Retrace after PumpOutside side of black swan I think we can see a common 50% retrace of the move (170-180) range. If there is some bearish news/narrative we could see a more aggressive move downward, and if the pre/post having black swan event happens like it did in 2020, 2016, and 2012 then we could see a revisit to the low 100's to 90's but thats a bit of a hopium.
Plan -
Small amounts and DCA in 170 range or lower
Increase DCA amounts anything under 125
Anything sub 95 deploy all allocated capital.
ATA/USDT 1D. Basic trend. Secondary + local. Harmonic pattern. ATA/USDT 1D. Automata Network.
In the secondary trend descending channel is forming(taken from weekly). The large and the small(the inner - more liquid - channel).
Right now the price is trading near the support of the inner descending channel.
Notice, that in the beginning of forming of this big channel volume has been accumulated. Shown on chart.
Then the harmonic bullish pattern has form. Now the price in the final accumulation stage.
Check out the false start which took a place just recently. Dumped with the market.
Very huge probability it will continue to pump. Just not the right time right now.
Locally we're in the descending accumulation channel, similar to APE idea i shared recently.
Also check out the volume entering recently. First target will be 0.12$ zone. Then 0.15$.
If the price dumps(market dumps) we can reack 0.06$ zone which is classically a bottom zone for cryptocurrencies(666).
BTC / Bitcoin scenario for 2O23 💥We started bullish in 2023, I am waiting for continuation move upside, we have external liquidity on 32,4OO$ and flip zone with imbalance 37,OOO$ -- 48,OOO$, also that zone was manipulated. Now I want price to leave liquidity on 26,4OO$ and lower and go higher, it will be target on Q3/Q4 2O23. Also I think we are in a big accumulation stage and next bullrun will happen in 2O24-2O25
Bitcoin Distribution I aim to articulate the discernible trends depicted on the chart. Numerous trendlines can be observed in the historical movement of Bitcoin, with a notable convergence anticipated within the green-highlighted zones by 2024.
I anticipate the current distribution pattern to undergo a resolution downward, culminating in the formation of a plateau. This plateau may signify a potential period of financial relaxation in the near future.
Noteworthy points include the outcomes of yesterday's closed meeting with the leaders of BTC ETFs, which did not yield substantial price movements in an upward direction. Volatility, indicating a more accelerated position, leads me to consider the first two weeks of 2024 as a critical timeframe for resolution.
Dark Pool Buy Zones for Trading Momentum or VelocityDark Pool buy zones, identified with Relational Technical Analysis of the candlestick patterns and where they form in the long-term trend, along with indicators that reveal large-lot activity, are the key to preparing early for momentum to velocity runs for swing trading, position trading and even for planning long-term investments.
NYSE:CHWY is working on a bottom, finally basing and now starting to test the bottom completion level. This can be a strong resistance level where Pro Traders who started a swing trade from the lows are likely to take profits.
Often we see a sideways action develop at this level, the lows of which are usually confined by the support level built on the way up.
This would be the level to watch for the next buy entry signal. If it consolidates narrowly or briefly, then there is potential for a momentum swing trade. If it platforms a little wider but within the last support level, then a position trade entry can develop.
Unlocking Potential: EURGBP's Consolidation and Bullish MomentumIn the current market scenario, the EURGBP pair appears to be undergoing a phase of consolidation following a preceding downtrend. The price action is forming a discernible flat bottom, a pattern indicative of accumulation, further complemented by a bullish divergence observed on the Relative Strength Index (RSI).
Should the price breach the defined entry point, the imminent breakout could propel the currency pair upwards. Notably, the overall market sentiment stands at an overwhelmingly bullish 96%, adding a reinforcing element to the potential upward trajectory.
GBPUSDAs a student in the financial markets, learning about the market is interesting and it's a long journey to begin with. GBPUSD having a accumulation, manipulation and now waiting for a distribution. Will GBPUSD make a move early next year along side with USA rate cuts? Let's see what year 2024 lead us to
I don't post much as I'm not a signal provider nor a financial advisor. But one thing is that learning how the market behaviour, reactions and structure, it's simply interesting to me. If you have any thoughts on GBPUSD, let me know down the comment area, let's discuss about it.
This will be my last post and trade of the year 2023 holding it till next year 2024. Wishing you guys out there trade safe and happy new 2024.
Boeing Stairsteps for Swing TradingNYSE:BA has the most powerful and longest momentum run of all of the 30 Dow components. The company reports earnings on January 24th and the run up implies that the 4th quarter is likely to be better than previous quarters in 2023.
This stock has moved strongly since the bottom in November and has been able to pattern out some of the speculation with stairsteps to keep the run moving upward beyond the resistance level of its range trend.
Some of this movement upward is ETF developers building more ETF units for certain industries and corporations.
Profit-taking is likely soon for this swing trade as it nears the long-term resistance at the 2021 highs. However, there is now support from the range of the August highs.
SHIB/USDT 1D. Current situation. Triangle. Breakout. Mems pump.SHIBA INU/USDT 1D. Daily chart. Middleterm trend - horizontal channel.
Price is now being in the support zone of this channel. Symmetrical triangle formed.
Price now broke out the resistance of this triangle. Accumulating as for now. Other memes are pumping one after another.
Those coins often pump before market local correction. This one highly connected with doge, as the main memcoin.
This, as the one of the most liquid, will likely pump the last(for example, now LADYS is pumping).
Triangle has been forming for more then 300 days. Now broke out. Price is a bit higher than the previous accumulation zone(2021), after which there was pump.
This idea is mostly for price monitoring and understanding what's happening on the coin.
It's also very important as to count with enormous pump from the bottom(ain't seen on the chart).
Swing Trading - Concept of Accumulation and Distribution Following stocks have been discussed in the video
1. HG Infra
2. NFL
3. SPIC
Accumulation - Is always found on downside and any breakout may give 8-14% returns in short trade
Distribution - Is always found on top from where the price may reverse to downside
This video is made only for educational purpose. Do your own study before taking any trades.