Accumulation and Distribution

That easy picture gave ma a lot to think about during most of yesterday. I'm playing around with the UncleBo indicator on tradingview which aims to uncover the moves of institutional investors. It's private and I you can google it and ask for a invite which is highly recommended.

That indicator let assume that the big boys buy on the way down. As an example look at the chart of ICON and find the times when UncleBo in the second line shows institutional activity.

It looks like the accumulation zone has a slope downwards but ultimately works exactly like in the picture in the introduction of this post. This coincides with the QFL method that says watch out for bases and when they break buy the dip to sell on the retracement. Do this to [b]accumulate[/b] "free coins" by always selling your initial investment after a retracement but [b]let the rest run[/b].

Accumulation is the keyword because this is what makes the trades oblivious to the future price as he can just keep on collecting free coins until the price reverses without risking any drawdown on his initial investment. In crypto accumulation is also quick because swings of 40% need only be repeated 2-3 times to have a 100% position an a coin.

The second phase whit the trend channel leading upwards, the perfect strategy would be to buy the dips - and sell the tops. to make sure you don't exit to early just always sell a part of your coins.

Looking at this picture trading seems to be so simple, isn't it?

EDIT: adding some more examples. look at the point where support turns resistance indicated by the chart overlay which is showing the distance of support or resistance as the current Average True Range times 1.5. And also see the green dot which indicates a bullish divergence on the 3/10 MACD (not accurate but automated).

Also look at the moment where institutional activity seems to dry out. It is approximately the moment when the price breaks trough resistance.

EDIT 2: DASH is a beautiful example complete with testing the breakout, drying out institutional activity on the retest, curving up. I tried to draw a possible channel for the upwards movement.