A double bottom pattern has formed on the weekly chart. A pullback towards the $0.101 support zone could confirm the activation of the double bottom. If the price breaks above the resistance level of $0.227, the next targets could be $0.415 and then the range of $0.678 to $0.817. 200% Growth Potential: Do you think we will grow by 200%? This analysis is for...
Blok In two weeks, it should experience another explosive growth. what is your opinion?
#Jasmy is mooning today. And is about to clear a key technical level. In what appears to be a W pattern / double bottom. Some analysts are calling for large price targets on this coin in the bull run. And indeed it may go on to reach those dizzying heights that it achieved last Bull Run. My inclination of any Altcoin that has been exposed to a previous crypto...
I am not kidding! Political motivated investing could moon this thing forget P/e's cashflow This is memecoin style investing on the stock market Its happened before it could happen again particularly as we get into the election in November and inauguration in January #MAGA
The charts are showing us a double top on the weekly. We've had divergence on the daily, and now we are finally breaking down. We have a weekly level at 52K and a Monthly level at 42K. This is where I would be looking to rebuy in on a bounce until we confirm we have made a base of support to build and go higher. Don't HODL, take your profits and look for the next...
Just need to look at the chart. Looking at options the put wall Is at $10, so It's possible that it visits that price, but probably just to then bounce back. I'm going long at this price point, Will cost average More if It drops to $10.
This double top pattern has formed on the daily chart of the XAG/USD pair (Silver) following a rather long bullish trend. It can be used as a downside breakout setup. The two tops are marked with the upper yellow line; the neckline is marked with the lower yellow line. My potential entry level is at the cyan line (10% of the pattern's height below the neckline)....
This chart Total 3 minus the 3 biggest stablecoins OVER the price of #Bitcoin If this number is going up so are your #altcoins We have a clear double bottom forming just a matter of clearing the neckline to confirm. Also interesting to note how the 0.786 Fibonacci was front-run by eager investors looking for Risk assets.
Will the next version of Lockdowns be even more stringent and for longer??? #AIR has a potential DT formation we have to wait and see .... I wouldn't go booking next years summer holidays just yet!
During the uncertainty and risk off environment, low GDP data didn't come unnoticed and big boys accumulated some equities after the huge Salesforce panic. Today, with NASDAQ loosing almost 2% and 0.7% for SP500, DJ was accumulated, so I think we might see nice and strong reversal for the end of the week and month close. Play safe and good luck!
Triple top, not confirmed yet but looks very bearish. I opened a short position, I'm not waiting for a break down of the support at 0.66. I like to keep my SL as tight as possible. SL trigger if the pair breaks up the uptrend line with a daily candle and closes above ti.
Double Top Pattern Plus Bearish Divergence Sell as the price breaks the previous Higher Low and will start moving downwards.
Around two weeks ago, gold reached a new all-time high, 2450.2$, just above the last high of 2,431.6$. However, the bulls were unable to maintain this high level over the course of the day. In the following trading days, the gold price fell sharply, losing a bit more than 100$. There has been a weak recovery over the last few days, with renewed selling pressure...
Seeing lots of double/triple tops on multiple timeframes. Way overbought but that's never an entry thesis. Just love the contrarian risk reward to the downside here with a hard stop at $975. Quick trade one way or the other and my love for NVDA does not constitute a trade per rules.
I saw some other stocks of the same segment doing bullish patterns. We have a potential double bottom fighting with downtrend line resistance. I think is going to bounce back and forward between the 13.5 support level and the downtrend line until something breaks. The double bottom (inverted HS in the daily timeframe) tells me that the price wants to break up the...
CADJPY looks very strong, after a test of a key support. The price formed a double bottom pattern and broke its neckline. With a high probability, the market will reach 115.0 level soon. ❤️Please, support my work with like, thank you!❤️
As we talked in the previous analysis: The Price Has Pulled Back to The Resistance Line. At the moment, the market reached the resistance level (1.08375 - 1.08851) and failed to break it ! The price formed a new double top pattern. So Let's expect the bearish scenario: if the market breaks the neckline and closes below that! We will see a bearish move...
After big dump over last days that was overextended after yesterday's Saleforce earnings, the DOW finally is in the demand zone worth a risk. On smaller timeframes we can see some demand building with Change of character and breaks of structure. I opened long with a potential for a return to 39700 based on the new GDP data released, that is favoring interest...