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Accumulationcylinder

LPTUSDT breakout from the Accumulation Phase!The accumulation phase is a stage in the trading cycle where buyers are slowly and steadily accumulating an asset, often at lower prices. This process can be seen as a prelude to a larger bullish move, as the accumulation of assets by these buyers can lead to an increase in demand and push the price up. In the case of LPTUSDT, the recent breakout from an accumulation phase between daily structures signals the end of this phase and the start of a potential uptrend. The price is now testing the previous resistance as new support, and traders will be watching for any signs of new volume load to confirm the trend. According to Plancton's Rules, the target for the price could be in the 9.6$ area, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
6
PLG to $14 in Nov to gain over 4x? Accumulation Cylinder Hello. I have been watching PLG for sometime now and it seems we have reached a possibly strong inflection point. We have a double back test from previous resistance. One long term finding support from previous bottom resistance Another short term indicating another possible reversal. RSI is showing momentum is about to break the current downward trend Current correction is testing the lower edge of the channel. Estimating that around November 12 we will see PLG at around $14 for a +4x gain. Using Gann Fan and Jesse Livermore Accumulation Cylinder from previous bump and run This chart is full of good historic data showing strong potential for quick gains
AMEX:PLGLong
by KondrackiKarl
BZRX SOON TO GO BOOMIf we zoom out and take a look on big picture, we will see huge accumulation cylinder with MAJOR support and resistance. BZRX is soon to touch support and, in my prediction, this time we could break the resistance. Important thing to watch here is Volume, and as we can see, volume is increasing when price is rising and decreasing when price is correcting. That is good indicator for long build up. Entery point for me will be when we break minor resistance of smaller channel and change the trend! What is your opinion? Where is this going? Right time to buy? LEAVE A COMMENT!
BLong
by Altchilles