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Accumulationzone

BNT returned in sideways trendBNT is ranging since May 2021. Support that built at $2.66 on June was tested again one month later in the form of a fakeout. In January 2022, price passed through $2.66 and found strong resistance in the high demand zone between $2.30 – 2.08. In the 4H LTF, BNT was accumulated between 22 Jan. and 05 Feb. That in conjunction with the long tail candlesticks - in the same period – indicates that large traders absorbed all the coins that sold below $2.30. Yesterday BNT returned in sideways trend in relatively low volume. That’s not necessary a bad sign. Besides, changes in price are relatively small. Today, $2.60 level retested again. If you want to go long, a position below $2.8, take profit near psychological resistance at $5.00 and stop loss below $2.30 or $2.08, gives you a R/R >3 - 3.75. A conservative target if we gain psycho resistance is between $10.00 – 8.00. I’ll keep my report updated to any significant changes.
COINBASE:BNTUSDLong
by Rhaonnor
BITCOIN 24-27K CRASH ?There is constant bearish pressure on Bitcoin, any bullish candle is weak and dips are still very severe. EMA200 supports the price at 25K. Bitcoin dominance is 42% and imo it needs atleast 50% to continue it's journey to 100K so crash is very likely with the things that are happening in economy / world right now. However BTC price is now between ema50 & ema200 and by the past price action it's the best time to accumulate more BTC ! Bitcoin cycles are not what they used to be before 2018. Now they last longer and are long lasting accumulations before the next parabolic move is on the way.
INDEX:BTCUSDLong
by bizmatej
The Power of "Wyckoff Pattern"It is all in the chart Baby! This is a Long Term Trade. March 2022, EOS will hit around 9 Dollars. After that, I predict it will hit All time high around Quarter 2. This is not Financial Advise. This is base on Technical Analysis. For Fundamental Analysis: Negative Fundamentals - EOS will hover around the 2 - 3 dollars area. Seems to find that area as a bottom base on Negative FA and also the decrease of Bitcoin Positive Fundamentals - All time high Around Quarter 1, continuing to Quarter 2. Max Potential is around 50-80 Dollars (LONG TERM)
COINBASE:EOSUSDLong
by OmaOne
1
Bitcoin at crucial support around 46k$ testing the 200 daily MABitcoin tests the 200MA at the same level we have the purple central line of the accumulation box indicated by the thick orange and bright green lines. We are within this accumulation box for 241 days yet and holding the central line is important to stay within the upper bullish zone. The current drop looks too steep for a long term trend and price volatility calmed down a little bit just above crucial support lines. The RSI shows that we are just above 30 and currently in a downtrend indicated by the yellow line. We expect Bitcoin to hold the 46k$ line, maybe consolidate a week, and move back up to the 60k$ levels. This would result in a breakout of the yellow downtrend lines on the price and RSI chart. Keep in mind that often times we feel doomed or the opposite invincible, this is the time we are wrong and reversals happen. So ask yourself how you feel and what it means. Feel free to comment or ask anything you like. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers Ctumbler
Long
by tumbler55
2
Market phases explained through ACS' graphA few days ago, I identified the different market phases through this company's graph: uptrend, distribution and downtrend, which could imply that the market is right now within the accumulation phase. This phase is characterized by the price of these shares being lateral and, when this phase ends, a new trend will begin. Therefore, I consider that keeping an eye on this company can be interesting in order to identify the brand new trend as it starts, so that we can open positions in favour of it. If we have a closer look at the last candles that have been drawn in this graph, we can appreciate that the price of these shares has recently tried to break the accumulation range downwards. Nevertheless, buyers have been strong enough as to not let sellers to. The uncertainty surrounding the price's future direction is still there, so we will keep on waiting until we observe a clear brekout.
BME:ACS
by mar_lpz
ADA ACCUMULATION PHASEAda is in complete accumulation phase. Accumulation is to collect or increase the amount of something. Accumulation can refer more narrowly to increases in the position size of an asset that is built up over multiple transactions. Accumulation can also refer to the overall addition of positions to a portfolio. In technical analysis , accumulation points to a general increase in buying activity in an asset. In this case, the asset is said to be "under accumulation" or "being accumulated."
by Lows_and_Highs
4
Nickel Mines Limited made BTC huge gains with all the new plantsA NEW FORCE IN GLOBAL NICKEL Nickel Mines Limited (‘Nickel Mines’ or ‘the Company’) is an Australian public company emerging as a globally significant, low cost producer of nickel pig iron (‘NPI’), a key ingredient in the production of stainless steel. Nickel Mines now holds 80% economic interests in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (‘RKEF’) plants producing NPI within the Indonesia Morowali Industrial Park (‘IMIP’). Nickel Mines also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine (‘Hengjaya Mine’), a large tonnage, high grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia. In 2021, Nickel Mines has also acquired a 50% interest (to be increased to 80%) in the Angel Nickel project, comprising of four 54 KVA RKEF lines and a 380MW power plant. Don't miss this opportunity.
ASX:NICLong
by Dan_king
Bitcoin form a double bottom; a bullish pattern!!!I find up a interesting and next trade that I will thinking that Bitcoin it's in the accumulation zone into the range $30,000 USD to $40,000 USD moving into this price range. s3.tradingview.com But if we look the Daily timeframe, Bitcoin could to forming a bullish divergence and the trend could be reversal in the trend. For that, note it. Into this range, we could to accumulating Bitcoin as big institutional are incoming to investing in Bitcoin. Now, I hope long entry and Bitcoin going to the neckline of this double bottom to entry!!!
COINBASE:BTCUSDLong
by harisonhbn9718
Accumulation Area on BitcoinWhat Is the Accumulation Area? The accumulation area on a price and volume chart is characterized by mostly sideways price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time. This can be contrasted with the distribution zone, where institutional investors begin selling their actives. Being able to recognize whether an instrument is in the accumulation zone or the distribution zone is helpful to investing success. The goal is to buy in the accumulation area and sell in the distribution area. Understanding the Accumulation Area The accumulation area is important for investors to recognize when making buy and sell decisions. Experienced investors look for patterns indicating an instrument is either at a high point, low point, or somewhere in between. The goal is to determine if there is momentum in a price and in which direction. An instrument in the accumulation area may be about to break out. When a price doesn't fall below a certain price level, and moves in a sideways range for an extended period, this can be an indication to investors that the instrument is being accumulated by investors and as a result, will be moving up soon. The accumulation area is just one form of charting. Charting is also used to identify what is known as the distribution zone, which may indicate that an instrument is nearing a selloff. Investors look for divergences between price fluctuations and trading volumes as key to their charting analysis. It was a short review about accumulation areas and how to work with them. Now according to the technical analysis there is a sideways trend with channel formation on Bitcoin pattern. According to the information mentioned above this is the key level for Bitcoin price and after breaking support or resistance zone there will be a vision of future price movement. Relying on the news background and restrictions imposed on working with cryptocurrency, their future may not be as bright as it seemed to us earlier What do you think about this case and what are you palnning to do, dear crypto traders? _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
by Berzerk_invest
1
PCZ of Gartley Hit with Bullish Breakout of a Diamond PatternDean Foods has been ranging for a long time at this levels and has recently been showing many bullish signs. I first shared this find a few weeks ago but today things have gotten even better for the bullish argument. We not only hit the PCZ of a Bullish Gartley; We Bounced much higher off of that PCZ, High Enough to Breakout of a long Standing Supply line of a Diamond pattern and now, the Stochastic RSI Seems to want to cross bullishly from the oversold levels after many weeks and months of waiting. If in the next few days we can maintain the momentum we have on this monthly candle and close above this diamond's resistance then i believe that much higher levels will be just around the corner for this asset.
DLong
by RizeSenpai