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Accumulation

BTC accumulating and trading sidewaysI'm just a day trader sharing my ideas, please do not take them as financial advice. Always do your own research. It's been a while since my last update, and on my previous idea, I expected BTC to spring off support at 41k, which it momentarily did before heading to lower lows. We had a false breakout to 39.6k, which lasted no more than a few minutes (Scaring a lot of traders), followed by huge buying pressure which took the pair to 42k (5% increase) in a couple of minutes, showing the unwillingness of buyers head down lower, and a lack of power from sellers. However, this buying pressure alone wasn't enough to break pattern and BTC seems to be trading sideways for the moment between the levels of 41k and 42k. A daily close above 42k would bring a long of bullish momentum, with short-term targets like 45k (Where local resistance resides), while a close below 40k would send the pair to newer lows, like 38k (Where stronger support can be found). That being said, there are still clear signs of accumulation, with big wallets stocking up on BTC at a discount, so a bounce from this levels is not out of reach. The market is highly leveraged right now (And risky), and liquidations and stop losses being hit can increase volatility fast. I think BTC has reached a decisive point, and looking back in time, we can see that moments like this (Where bottoms are reached) have brought great opportunities (Alongside a lot risk). I am still bullish, stocking up on every dip, and bringing my average entry price lower. We have to stay vigilant, avoid entering over-leveraged positions, and remember to always take profits along the way. Good luck everyone!
Long
by cryp70g0d
3
BITCOIN BULL TRAP?! IS BTC HUNTING US? NOT AN INVESTMENT ADVICE! Right now bitcoin brokeout the (kinda)major trend and we may say the bear is over. However this might be a bull trap too. As you can clearly see there is a wycoff accumualiton pattern going on. My main idea is; if you still have open orders you may close it or may not it depends on you. We generally see when bitcoin goes horizontal the dominance relaxes. That means ; You can trade some alts cuz when dominance relax, some alts pump. You can follow the alts in 1hour or 15mins. SO,i think the danger is still on board. Be careful people. If the wyckoff pattern goes like this, i belive we gonna rise to the moon. Happy Trading people.
BINANCE:BTCUSD.P
by ActuallyZefe
ADM looking to head higher?* Good earnings in the recent quarters * Good general up trend in the long term * High 3-month relative strength of 1.04 in the Consumer Defensive sector * Breaking out of a 7 month base with higher than average volume * Has a U/D ratio of 1.24 meaning it's under accumulation. Trade Idea: * Due to the market conditions I'd suggest you wait for a better entry around $68.51 if you do consider it. * If you're willing to bare the volatility at the cost of getting into the stock, now's a great time to enter as the price is just breaking out and is only 2.07% away from the broken level.
NYSE:ADMLong
by HaseebKhan_90
ETH Last resistance before BESSA! END of dumbs? LEVERS 🧐🧐🆘🆘 Hello everyone! People still haven't learned, the market is still overflowing. This can result in high volatility. After further drops, we landed below my target from the previous analysis. I didn't expect such a descent, but the profits were realized and it is time for the next move. In my next strategy, I used the moon phase indicator. Maybe it's nice to tell me when the accumulation will end. After it, I will take the long position if it goes as planned and there is no further disturbing news from the world. Possibly when I see a doublebottom signal. Then I will share it with you. Another drop to the last support is possible, but less likely. A quick wick to remove STOPLOSS may also be formed. Why do I think so? The on-chain data shows that, a lot of leveraged orders appeared on the market again. If you have one, you should be careful! My target is the yellow trend line, I'm counting on new ATH. If it breaking trendline, I'm realizing some profits, counting on further increases. Comment and like, Greetings
Long
by SayMoney
8
ACCUMULATION PHASE! | WYCKOFFIANSIf you've been following my charts a bit, then you know I've been expecting that drop for a long time. If we continue to follow the Wyckoffian logic scheme then it is quite possible that the accumulation phase is at 29k. But today I looked at the charts again, and I noticed that the moves we're making now are very similar to the accumulation phase we saw in May/June/July 2021. I thought I'd make an idea. So it could very well be that the 39k range is the new 29k. And that that is the bottom before we hit new highs. We will see! Do let me know what you think about it! Seeya
B
by FibonacciTheGreat
3
ROSEUSDT - Perspective of a Value BuyerRunning through a value buy scenario on ROSE if macro sets up for further correction. Spot accumulation setup, no leverage. Shoutout to @thecryptosniper for HVF theory, elements of which are used in my analysis (grindline theory, legacy HVF levels as KLoS). Note this is not *pure* HVF theory (as current ROSEUSDT pattern is not compliant) which would give us proper and specific entry, exit and targets to allow leveraged scaling, rather than just a general accumulation zone as indicated here. Tools used: Volume by Price (VBP): identifies price control areas which act as support/resistance, and likewise "pockets" where price is likely to slide through without much trouble. Key Levels of Significance (KLoS): Legacy inflection points, points of control, the like. Point of Control (PoC): Axis of VBP fluctuations - price will have many interactions on these, and they often serve as support/resistance later. Grindline: Typically called "trend line" but implications are more precisely defined in HVF theory. Fibonacci Retracement: Voodoo magic. Current fib retrace is taken from recent ATH in November 2021 to the low in June 2021 correction. Legacy PoC still dominant: There is a value buy zone sitting within the 0.18-0.21 range via a confluence of indicators. Legacy PoC has re-affirmed around the 0.20 level since the conclusion of the summer correction. Local PoC has, within the past week, shifted from the 0.20 level to just above the 0.5 fib, showing further strength (and potentially signalling that 0.20 may not be revisited). The 0.20 PoC level sits on top of the 0.382 fib and coincides with a prior HVF. Barring the start of a crypto bear market, the zone around the 0.20 PoC is likely the limit of discount we can potentially see within the coming weeks. For a return to the zone around 0.20 to occur, another downleg in BTCUSDT to the 42k-43k range is likely required (and at present, still within the realm of possibility). Otherwise, the local PoC should be treated as "best value" in the context of a continuing bull market.
Long
by Derivati-Capital
MOVRUSDT WANTS TO MOVE!This an asset I have been DCAing into and will continue to do so untill I see the breakout I am looking for. Previously there were 2 attempts at a breakout which were denied by BTC selloffs. However, it is clear to me that MOVR wants to move. It is sitting at its strongest support level right now and has no real reason to travel too far below the buy zone because there is no volume at those levels. This is a solid project and if you are not familiar, you should look it up. It should also be noted that it held its own very well during the pullbacks. The price has settled in its accumulation range anytime there is trouble brewing so I feel comfortable DCAing here. I will stop DCAing once I see a breakout and update the chart with a target. MOVR has been accumulating for awhile now and I believe that time is ending soon. Thanks again everyone! So, tell me what you think! This is not financial advice. Do your own due diligence.
Long
by mysticalwalrus
3
Bitcoin More fear? More Accumulation? Hello traders, Over the summer I dove deep into the schematics of Richard Wyckoff. One thing I recognized studying his teachings was that it is apparent to me Bitcoin being a scarce asset with great current and future demand that there are market makers out there trying to create more liquidity of this asset they can accumulate. Wyckoff explains his theory regarding the “composite operator” which he elaborates is simply market makers who control the market to their advantage and largely to your disadvantage. To my case in point, I have circled an area that I published an idea on that was based on a Wyckoff Accumulation Schematic which you can find in the linked ideas below. This schematic basically creates market participants that think the market is going lower this, they sell off their asset (in this case Bitcoin, a scarce asset) and shortly after push the same participants to buy the asset up making the price appreciate. I find it eerily similar that the price action we experienced back in the summer of 2021 is almost identical to the price action we are experiencing now. I have placed a fear indicator on the chart that you can get an idea of the overall sentiment in the market during both of these periods. To me, it seems as if we are going through the same situation and I’d expect some type of good news over the next few months that push the markets up and we see some appreciated prices along the way. Keep in mind that you’re in an asset class that isn’t going away anytime soon. This is a world changing technology and will change many lives for the better along the way. Keep your hands strong folks and stay diligent in your research! Have a green week! Savvy
BINANCE:BTCUSD
by Savvythe1
7
CLVUSDT BUY ZONE AND DESCENDING WEDGEBesides the fact that Clover Finance is a solid project, it also won DOTs parachain auction about 3 weeks ago. You can see from the chart this asset has been in an extended accumulation phase for sometime now. From a glance at the chart, despite the price going down during accumulation, you can see strong amounts of buying going on here with peaks far above the average volume. If you pair that with the fact that we have 2 descending wedges (smaller and larger) you can assume this asset will break out eventually. Because of this I have been DCAing the dip as of recent, and have used the current BTC drop as an entry into this asset. Thanks again everyone!
Long
by mysticalwalrus
1
GME - FOMO vs. Accumulation GME daily chart showing confluence of trend lines going back to and beyond the pop that occurred early last year. The price appears to be holding/reversing at these levels. Volume indicator (VAPL-CM*) showing significant accumulation of shares recently. This bullish volume is occurring after the drop in price and isn't FOMO buying as occurred back in June and July 2021 when GME bulls chased higher prices. Indicates 'smart money' or at least long hedges are accumulating this equity in anticipation of a price surge. And the price has held up well despite what appears to be new massive shorting that occurred in late November/early December 2021. Direct registration of the GME shares may be playing a role in this more recent volume dynamic, and overall daily volume remains very low, however the OBV (not shown) is still pegged to the ceiling. The BBs are getting tight again but have a little further to go IMO before a blast off will occur. With many put options expiring OTM later this month - expect some significant price movements to the upside... ~1 to 3 weeks. Not financial advice.
NYSE:GMELong
by Akksujean
3
ICPUSD ACCUMULATION COMING TO AN ENDThis is an update to a chart a posted awhile ago noting the buying range for a good price during accumulation. I believe the accumulation phase is coming to an end. I was criticized heavily when I posted the last chart due to ICP's perceived performance since listing (which was the day before the May drop LOL). However ICP entered an accumulation phase which looks very similar to a standard wyckoff accumulation pattern. Anyways, I believe the uptrend has begun. I have noted the resistance and support zones on the chart which will touched while ICP consolidates for the next push. As long as BTC behaves itself, I would say things are looking pretty good. Thanks again everyone!
Long
by mysticalwalrus
8
XRP and the Legendary Jesse LivermoreToday we are going to discuss the Livermore Cylinder an accumulation patter first identified by Jesse Livermore a Legend in the trading industry as he for the most part is the reason we are all here today doing TA. You will get a little history, a little TA knowledge, a nice chart to help with your DD and some education on the fundamentals of this accumulation pattern. Jesse Lauriston Livermore ( July 26, 1877 – November 28, 1940 ) was a US based stock trader who was a pioneer in the early days of massive market manipulation, little rules and wild west every operator for themselves days. From my readings of Jesse and Richard Wyckoff (my two favorite historical traders) it was crazy times back then and order needed to be created to help the average trader like you and myself have an edge on the game. Thus these two traders pioneered many techniques that we still use today. One of those techniques is the Livermore Cylinder accumulation pattern which basses a large wave breakout of "Stock A" on wave 8 after a long accumulation period. As you can see on the chart I have laid out for you, the accumulation matches perfectly aside from the black swan event that came about when the SEC filled suit against Ripple Labs for selling an unregistered stock on December 22 2020. This trading pattern is defined by a cylinder shaped accumulation and further confirmed by the volume relating to the accumulation of the asset. To depict the volume of the accumulation I choose to use the Weis Wave Volume indicator by @LazyBear as it best illustrates the accumulation and distribution visually with the waves better then the traditional volume indicator for this specific pattern. As you can see in the sketch note on "Example A" on the chart titled "Livermore's Speculative Chart" you will see the diagram drawn by Jesse Livermore depicting the accumulation of each move and the volume behind these moves. In wave 1 you will notice a small volume spike showing that buying pressure is starting to increase as well as at the top of wave 2. Wave 3 shows a sell off as the volume decreases but the accumulation continues into wave 4 which is a high accumulation volume and increase in price action. Wave 5 presents the black swan event of the SEC lawsuit against Ripple Labs causing a sell off which matches the volume indication on wave 5 but, the price action slightly pops out of the Livermore cylinder which is ok as it leveled back out after the cooling off period from the lawsuit. Still though presenting an increase in selling volume as the price then started to increase into wave 6. After wave 6 we experienced the sell of that has us to the current price of today and completing wave 7. Per the rules to this accumulation wave 8 will present a large increase in buying volume as well as a swift increase to price action raising the asset up quickly and most likely creating a large blow off top before heading onto to waves 9,10,11,12,13,14 and 15 which would complete this accumulation patter and bring it back down to most likely be the end of this current bull run. I will update along the way. I hope you folks have a very GREEN year ahead in 2022. Tell me something that you learned from your trading endeavors in 2021, lessons, mistakes you learned from or some education that you would like to share with the community in the comments below! Savvy
Long
by Savvythe1
4
Accumulation about to end BTC is going to new ATHwhat we are seeing since 4 dec low is a lot of overlapping and price trying to breach the low of the range multiple times without success, it looks like it's an accumulation phase as we are seeing bullish CVD forming on spot and futures coinalyze.net and since 31 dec we see even more overlapping, typical before a spring or a failed spring in wyckoff accumulation scheme, we have a significant untouched daily level at 44.8k so price could bounce on it making that spring or we could bounce on the bottom of the range without breaching it, in both cases i am looking for a long entry that would take us to a new ATH. another scenario would be that we accumulate more in this range for some days/weeks before taking off
BYBIT:BTCUSD.PLong
by OthmaneAo
Bitcoin re-accumulation zone7 Essential principles we have learnt this year from trading weekly charts: -Weekly charts are where the real $ is. -If you are looking at weekly charts, don't get caught up in the short term volatility. Unless trading the 1D and 4H charts, of course. -Identifying the accumulation or re-accumulation zone early is essential. -Don't expect the price to start moving as soon as you buy or sell. A single trade on a weekly chart can last up to 16 weeks. -Accumulation zones on a weekly chart can go from 10 to 16 weeks, sometimes more. Market sentiment is usually bearish during this time. -Accumulation zones are where the institutions buy the lower part of the zone, while retail sells their positions following bearish news. -Retail jumps on board once the price has left the accumulation zone. Don't follow market sentiment! That being said, I believe we are currently at the early stage of a re-accumulation zone that will last several weeks. Maybe another 7 to 10. Guessing when the price will leave the zone would be as naive as trying to guess how deep the dip will be. That's why I always show a box with the "zone". So, start accumulating without expecting to be the last buyer before a rally. I re-accumulated BTC at $33.500 in July while the market sentiment was extremely bearish. I wasn't the last buyer, because prices went down to almost $28.000 few weeks after. I closed those positions at $65.000 and again, I wasn't the last seller. Expecting to be that person is imposible and will affect your judgment. My best advice is, start accumulating and be patient. When trading the weekly, use the daily timeframe ONLY to try and find the best buying zones but don't get caught up in the short term volatility. I'll be posting the daily projections as per usual. Here's the link to the previous one, which is right on track with the forecast: We might or might not visit the 42k zone. The question is: If you buy BTC at 46 -current price- and you sell around 70. Would you care if you bought it at 42 or 46? Maybe! Ask those bears who were waiting for the $20.000 in July just because that was "The best buying zone" what they think now. Happy 2022! Rio.
Long
by SatoshiSacamoco
Wyckoff - USDCADWould love some insight into this potential Wyckoff accumulation. So far it looks like smart money is constantly taking out those lower lows in a consolidation phase to take away retail investors going long and release some liquidity. Coming to the end of a Secondary Test b (or potential spring)??? This is the first time I've plotted a potential Wyckoff ac and would be great to shed some light in the comments if this is probable and r.e specific entry types/ TF you'd look to enter.
Long
by MattsActionPlays
2