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Markup

Price Doubling Markup BrewingMajor major accumulation here. Can see in the DMI and stochastic, as well as the chart. Activation of markup is above 98. My initial target is the 111-127 range by July 11-15th. If it makes it above 133 I expect it to continue to as high as 177 by August (post-earnings). Goal Target by July 25th is 152-157. The yellow, orange, red zones are profit taking area - not financial advice but I like the July and August calls from 95-110, take some off in yellow, more off in orange, more in red zones. It will likely need to consolidate or pullback before attempting to break 133. Look to Roku's past for evidence it has major runs in it, my belief is that the time for the next major run is about to begin.
NASDAQ:ROKULong
by JerryManders
Don't sleep on NVAXWhat I am seeing here is the most sophisticated accumulation setup I have come across in the market - and CO has been doing this for NVAX cyclically every pandemic in the past. The company focuses on stopping the propagation of viruses, however, CO spins it by propagating demand (like a virus) and absorbing supply which they injected intentionally at strategic stages downstream! This is nice, nested markup activation. Sorry if its difficult to see clearly, that is for me. I will post a followup idea where I zoom in and discuss the projected most likely scenarios. But here is the bigger picture that I wanted to present as surprisingly high probability targets/critical levels to watch in the coming weeks. I used MRNA epic run in summer 2021as a proxy, as well as a general method that I developed to make such predictions on Markup phases. - Minimum Target by August is 119 (given that 79 can be breached in time - will discuss the time component in followup post). - Sweet spot/target spot I'm expecting by mid September is 217-229 - If they invoke chaos w.r.t. demand and break above 171 by Jul 25th, then max target by mid-Septemer is ~350 (when such a squeeze occurs as it did last Jan, and it is highly likely is what we are about to see, establishing a point target is nearly impossible so the max target range 300-400). *** NVAX activated markup on Friday July 1st. There is a nested activation that will trigger if it gets above 63-65 by July 11th-18th, and there is an carryover activation level at 171 which regained the capacity for activation on 3/21/2022 - for it to be reactivated, the price must break above it by 7/25/2022. Smuggled between these activation levels, there are price (%) doubling and period halving bifurcation levels where the price will gap if hit. These require a massive squeeze, which NVAX is more than capable of currently - these levels are at 65, 83, and 217. The next supply/demand equilibrium point is July 5th, so good chance they will announce approval before the bell tomorrow. Once time crosses the equilibrium point there are windows where the activation and bifurcation levels remain in effect. So if price keeps up with time or exceeds it, here is what I expect: - Gap up Tuesday to trigger 63-65 and then continue to resistance at 79 by July 7th-8th - After rejection from 79, it will pullback and test 65 for support, if that holds and it bounces I'd expect the 2nd wave of the squeeze to kick in and drive it above 79. They have the bifurcation set in place at 83 to gap it toward 100 once it hits 83. - From there it gets tricky, because there is another nested markup activator that I haven't even discussed because its beyond the scope of this post, it was a distribution phase beginning in Jan 2022.. my theory is that it serves the purpose of kicking in the 3rd and final phase of the squeeze once 83 is breached. It is the only way I see this getting over 119. There is an attractor at 106 that could allow them to re-accumulate there in order to breach 119. If they make it to 131 it will begin a rally similar to what MRNA saw in 2021. For NVAX, it looks like above 131 will open the door for 171, then gap to 217-229, and finally run to 300-400 where they will begin the final distribution pertaining to Covid-19. When its all said and done this will make its way back down to ~20 in 2023, likely even lower by 2024.
NASDAQ:NVAXLong
by JerryManders
9
Nested Accumulation (follow-up)ETHUSD activated markup for larger scale accumulation yesterday at 1089.43. It has now formed a nested accumulation with support at the larger scale activation level. In order to generate the escape velocity to begin this overall markup it needs to clear 1143.08. From there it will have the time windows shown in chart to get above 2333 resistance and attempt the full markup with a run to 3458. The important thing here is price needs to keep up with time. If it trades in the green zones it accomplishes this and will see explosive the explosive upside outlined in previous idea. If it trades in the blue zone price is exceeding time (ideal case for bulls) and this is where we can see some wild price action like back in July 2021. If it trades in the red zone it is at a major risk of more bearish price action. Finally, trading in the white (no color/fill) zones it will see sideways/consolidation. Refer to bigger picture for the main critical levels: Best of luck to all.
BITSTAMP:ETHUSDLong
by JerryManders
10
Markup ActivatedMarkup was activated this morning above 1089.43 If we clear 1111 I expect explosive upside to 1713.53 If we clear 1713.53 by July 12 (7/12/2022), it can run to test resistance at 2333.93 If we clear 2333.93 by July 21st, the initial target becomes 2752.20 - can hit this by July 25th Above 2752.20 (within this time window) and they invoke chaos with respect to demand. Goal target will become 3458.32 by 8/4/2022, but it can reach as high as 6189.97-7665.74 by October 27 This window of opportunity closes on 9/1/2022, after which the probability of being able to break resistance at 2333.93 begins to accelerate, and approaches 0 past October 27 2022. A realization of 2333.93 after Sep 1 will likely result in a rejection, followed by a downside move to a new low where they will re-attempt an accumulation setup that can end this corrective wave.
BINANCE:ETHUSDLong
by JerryManders
22
$MARK Remark Holdings did 88% retrace after the last meme run$MARK Remark Holdings did a full retrace after the recently seen meme run, if we go for a second run, it might be off of this levels. It's nothing to do a serious swing trade on, therefore this is NOT a Setup. But don't be suprised, if we see another headline day or two in this stock. Maybe put a volume alarm on this one, that's what I do, and just forget about it, and in case we get some serious volume back in $MARK one could jump in with a small position.
MLong
by 10xTrading
FOMO Ends At 60kWow, just wow! We have literally slashed all the important resistances i mentioned in my previous post. Except ONE. One last beast is still waiting to be left behind at 54.200. Although we have crossed it with momentum, it's the most dangerous one that has sent us 25% down. It should not be lost at all costs. Bad news is, we have also reached almost at the top of our upward trend channel as well. I see max 60k can be achieved with one last pump in the short term. That's only 6k or 11% from our current level. In the mean time price action was like pumps and sideways in between, not suitable for TOTT which was giving false signals. So, i switched to the best option for sideways markets. Tha gird bot. Range between 47k - 60k, it buys & sells every 0.5% move. So, by the time (if) Bitcoin reaches 60k, i would have sold all my Bitcoin and ready to buy back at lower prices. So i don't need to worry about the price direction. Finally, 60k would be my ultimate short target, while i'm slowly selling on the way and taking my profits. This makes sense when you think about psychologic levels at every 10k. 30-40, 40-50 and 50-60. We have crossed 50k too fast and everyone FOMO'ing in right now, should take profit early and exit, because this is designed to take your money. When you see Bitcoin as trending topic on Twitter, it's time to move towards the exit. But hey, what do i know :))) Trade safe!
Short
by BitcoinMillio18
14
BTC Wyckoff text book accumulation, ready for MARKUPFollowing the idea of the Wyckoff accumulation that has been discussed by trading community last month. Now it looks like clear Wyckoff accumulation, we had the spring. We flipped the Q3 opening which was also the middle of the range (35.5K), retested it (at 36.5K when the price rallied to 40K then bounced on 36.5K, which is above the 35.5K middle of range, so it should be considered as a sign of strenght.) What happened and why so much people got trapped ? We printed 8 daily green candle since the 21rst of July, which can be considered the spring of the Wyckoff accumulation. People called for price below 28K because of the wicks, but if you look at chart in LINES instead of CANDLES, you can see that we indeed had a spring, even if it was a weak spring. But note that not all accumulation phase have spring, if you look at the second schematic of accumulation, there is no second spring (THERE IS NO SECOND BEST - ahum sorry ) school.stockcharts.com Wyckoff accumulation should be analysed checked in LINE, or without the wicks . Se we are currently at the SOS in the 39K - 41K range, option expires today in around 6h. If there is no price reaction, there will be no FUD to worry about for most trader. Let's see if price will markup and if we enter phase E. Last thoughts: We can't still confirm 100% that this is a Wyckoff accumulation we have to see if the price breaks 42K resistance, and starts trading in the 42-52K range, with 46K being the first strong resistance and middle of next range. But looking at the momentum, how price bounced at 36.5K and price being nicely held/squeeze at top range resistance, it is very likely to see a price markup, and I would orient my trading strategy for longs according to these elements. INVALIDATION : What would invalidate this idea ? If we break below 36.5K (last support) I would consider this invalidated. If we break 35.5K (Q3 opening) I would consider this REALLY invalidated. If we break 39K (low of SOS range) I would consider this MAYBE invalidated, but still remain confident in this idea, I would be looking at the price action on 1H - 5MN to see if structure looks bearish or bullish, and would try to add to my long position according of PA.
BYBIT:BTCUSD.PLong
by Atleros
1
[WYCKOFF] Upside to BTC?Hi! As my first ever post on TW I would like to share an update to the prediction of the BTC price movement in the short-mid term using the wyckoff method. At first I will be showing you a drawing of the current BTC graph with the wyckoff theory visualised on top. Then I will show two images, At first, "The accumulation #1 schematic", followed by a list of terms explained. Finally I would like you guys to look at this comparison for yourself without too much bias wether you are a bull or bear. Personally I would like to be bearish at a time like this if history repeats, but can't help but take this consideration facual. I have to go to bed now, but hopefully this gained you some valuable information for your own research. I will be happy to answer your opinions on this Idea! Happy trading :)
Long
by Kidkong
9
USDCAD Developing a New Uptrend Last week, the USDCAD was finally able to break out above the upper boundary of a massive Accumulation range. This happened after a prolonged period of consolidation above the 100-day MA (in blue), underpinning the steadily rising bullish bias. The breakout above 1.21350 and the 200-day MA (in orange) implies that the USDCAD may finally commence establishing a new Markup. This transition from the preceding Accumulation into a new Markup occurs as per the expectations of the Wyckoff theory. The price may yet drop to the upper end of the Accumulation from above before rebounding and continuing to head north. The first major target for the new uptrend is underscored by the 200-day MA (in green). This is the resistance at 1.22700.
Long
by Trendsharks