BTC UPDATEBtc is ranging now for quite a long time.. accumulating .
Soon we will see manipulation (high volatility to hunt both side stop losses).
And then continuation to the trend it would like to(pump or dump).
Currently Money flow in global stocks as all the stocks are near to ATH or crossed ATH already.
Expecting institution and banks to enter BTC sooner or later and make it huge pump.
Accumulation
HFIL looks ready for another upmoveHFIL is engaged in growing and producing 100% all-natural, vegetarian products like Mushroom, French Fries, Potato Products, Appetizers, Speciality Cheese & Butter. The trend bullish here. After a long accumulation it looks ready for another 20-30% move any pullback near 24 will be an opportunity to add. I have already taken position here so my view might be biased. I have kept my SL at 19.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Many people have lost their savings, lifestyle due to excess greed. Do take this disclaimer seriously.
Man InfraconstructionMan Infra:
Completed all Breakout gains post Falling wedge pattern break. Time to look for accumulating it on good levels:
Stock looks to take a throwback to 103 levels for now. A break below this give opportunity for accumulating this for an Infra based theme portfolio.
103
94.9
88.5
#Reason #BTCUSDTPERP #LIQUDITY #Accmulation distribution conceptHiii Every one .
Why this happen in Bitcoin ?
i am trying to explain .
we all know higher timeframe dominate all . i made observation .
concept Accmulation distibution , Liquidity , marketmaker chart
how does market maker works when price is droping whales or market maker are start buy because if they dont buy then how order exicuted means if some one is selling other is buying .if this not happen order doesnot exicuted this is basic logic .
btc now in down trend at this that time market maker made there buy position in the chart i highlighted by accmulation vol .
do u see how much squeezed the price by marketmaker at this zone 16 k to 17 k . . because they dont want price to go more lower from this . wright now they start selling or distribution by traping liquidation of short sellers . which cause price to go upward .
I observe same thing in 2019 price chart analysis
mar 9 saturday price queezed and then up and also breaked my white line monthly indicator line go back to see same .
let me know what u are thinking about this move by btc in comment below
Thank u
PEL ||15-12-2022||SWING AND SHORT TERMI AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dotted line--Supportive line
**Red dotted line--Resistance line
**Black up and down arrow--touches of support and resistance line
**cmp:915
In this chart, I can see accumulation zone after bad fall.
The Resistance Line was breached with very good candle and retested looks good for long term 100% returns
keep following We will grow like healthy society.
How to Study Price and Wave volume RelationshipHi 👋
In this post I would try to throw some light on the Price & Wave Volume relationship (popularized by late David Weis).
This method may help trades in two ways:
1️⃣Ride the trend
2️⃣Picking the end of a rally
I came across this chart randomly and found that there are a few principles that I can discuss with the help of this chart.
Before reading any further I want to disclose that this technique was not originally developed by me. However, different authors may have different interpretations when it comes to some techniques of discretionary trading. This is a small piece of what I have learnt as a big follower of price action trading.
I don’t want to go for bar by bar analysis here due to time and space constraints, so I have marked a few important places (as numbers in green rectangles) that are important and need to be discussed.
The numbers in white are the cumulative wave volume in crores. This means just keep on adding the volume of each up bar until there is a reversal. I have taken the reversal a 2points on closing basis. Which means I keep on adding the volume until the price closes 2points below the close of the previous bar. The opposite is true for down waves.
🚀 Point1
If you look at the upwave preceding the downwave at point1, it is the sharpest of the rallies from March 2020 lows (scroll back the chart a bit). Also wave volume is the highest (37cr) compared to 10,19 and 18cr on previous upwaves.
At point 1 there is 10cr volume on the downwave, which is the highest on any downwave in the rally from Mar2020 lows. This is an alarming signal that sellers are getting active. But this may not impress us to liquidate our trades as we need further evidence to confirm this weakness.
🚀 Point2
Here we have very high volume accompanied by the widest bar (in the rally) but closing in the middle. These three things confirm here that sellers have stepped in and the stock is weakening.
🚀 Point3
There is a rally back to the highs but this time with lesser volume (29cr compared to 37cr) than preceding rallies. This is our second confirmation that buyers are turning there back at this level, at least for now. This is a sure exit opportunity for investors who bought at the lows.
🚀 Point4
There was a sharp reaction with huge volume of 31cr and very wide bar, closing off of its lows. At this point there is still confusion that the trend has reversed or not. If it was a reversal then there would have been a follow through of 31cr volume on the downside but it is not so. For the next 3 days price sustained above the low of this wide downbar.
🚀 Point5
The sellers again tried to push to the stock down but look at the volume in this wave. Are you getting it now? Its just 13cr instead of 31cr on the last downwave. This infers here that seller are not interested. So if seller are not interested then what will happen? Buyers will take over.
🚀 Point6
The sellers tested the level of 1, 4 and 5 a few more times, buyers holds it and that develops a support. There was a very strong rally (compared to rallies in the last one year) back to the highs and volume is again 23cr which is lesser than volume at previous highs.
Lesser volume could have 2 interpretations – there are less sellers this time and/or buyers are not interested.
🚀 Point7
The stock is back to the support again. But volume on downwaves is much lesser in relative terms. In fact, it decreasing from 13 to 4 and then 2cr (see chart). Where have the sellers gone? They don’t want to sell at the support.
🚀 Point8
Lack of selling leads to buying and eventually to new highs. Notice that there in very less volume at point 8 (only 4cr). This time sellers attempt (5cr) was failed quickly (without hitting support) and new highs were made outside resistance (developed at 2, 3 and 6).
At this stage, when the price is closing outside the resistance, I would expect more volume to come in. More volume at this stage would indicate that buyers are interested but that is not the case here.
🚀 Point9
Point 8 looked like a failed breakout attempt. The price fell back into the trading range (between support and resistance). If I look at volume here, it is 15cr on this downwave. In the immediately preceding fall with 17cr it touched the bottom end of the range but this time with 15cr it is just at the middle of the range. This signifies re-accumulation at point 9.
🚀 Point10
Re-accumulation lead to a rally back into resistance. We have 13cr as of now. Its too early to say, before this upwave ends, but 13cr is less (for me at this point) to push it any further. It seems holding back in the range.
🚀🚀 Final thoughts
This is a very nice and rare example showing both distribution (by the seller at resistance level) and accumulation (by the buyers at support level). Normally the price peeps outside the range on both sides and fails to follow through, until there is a decisive break on either side.
I hope you learnt something new in this post.
Now you can do one thing, press 🚀 to encourage me to write more educational stuff.
Thanks for reading.
BULLISH on TTKPRESTIGNSE:TTKPRESTIG
The prices have given a breakout from the consolidation pattern. It was an accumulation phase. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. This view is for 1 to 6 months. The Target and SL are given on charts. I will update about them in future.
Disclaimer : This is only my view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Long Term Accumulation Phase IIFLSECDisclaimer: Take advice from your Financial Advisor before taking trade. This idea shared just for educational purposes only. We do not take any responsibility if you are taking trades based on shared analysis or chart. This is just an idea.
Watchlist Alert: Its moving in Channel, currently under accumulation phase, keep this stock in your watch list for days to come.