GBPUSD turned very bearish after a release of US fundamentals on Friday. The price formed a double top formation on a daily and violated its neckline. I think that the fall may continue next week. Next support - 1.27 ❤️Please, support my work with like, thank you!❤️
4 hour chart comparison, negative correlation between Bitcoin and the Dollar Index. I'm still bullish on BTC up to 73k, but I think we'll at least see 67.5k with the way these two are moving, possibly a pullback below 67k to around 60-65.
Hi Traders ! The GBPUSD FAILED TO BREAK THE RESISTANCE LEVEL (1.27850 - 1.28035). The price formed a triple top pattern. The neckline is broken ! So, I predict a bearish move📉 ---------------- TARGET: 1.27015🎯
If 67k is lost and not reclaimed, Bitcoin may target a drop down to ~63k and then 60-61k (around 60.6k). This relates to a couple of other charts previously posted: A smaller double-top on the 4 hour chart that is already confirmed and hit TP 1, which is likely headed towards TP 2: A daily chart that is targeting 73-75k if it can hold 60k:
SPCE has lots of potential but sometimes gets bogged down with "technical difficulties" It is burning cash just less than the analysts have predicted. As such it is a risky trade. Best probabilities for success on a long trade is to buy as low as possible and hope that is its now putting in a reliable double bottom on a six month trend down. On the 30 minute...
Double Top Pattern Plus Bearish Divergence Sell as the price breaks the previous Higher Low and will start moving downwards.
CRYPTOCAP:DOGE Double top and double bottom Which way will it go? Final sweep of local liquidity prior to taking out $0.17? Do your own research. Not advice.
Trade Plan: Entry Level(Buy Stop): 0.89656 Stop Loss Level: 0.88616 Take Profit Level 1: 0.90696 Take Profit Level 2: 0.91736 Reasons for bullish bias: - Bullish BAT pattern formation - Price forming double bottoms - Bullish divergence - Safe entry at neckline breakout
This one is quite straightforward, good RRR and keeping my stop tight in case we follow through with the double top. Entry during todays open.
My Analysis of the Gold (XAUUSD) Chart on the Daily Timeframe The gold chart has formed a double top pattern with a middle bottom, representing a neckline that serves as a strong support line. If this support is broken, there is a bearish target at the price level of 2206 or halfway down. If the price continues to fall, there is another target at 2181, provided...
As clearly shown on the chart, XAUUSD has respected the neckline of the double top pattern, without a daily close below this level. A double bottom has now formed on the daily timeframe. A daily close above the neckline at 2350 strongly indicates a potential move to the target of 2373. This also aligns with the first target of 2361 for the harmonic pattern...
I like the Avax ecosystem. Avax is waiting for BTC to break ATH. Don't worry.
🔍LDO is nearing important support and resistance levels. Here's an analysis to help you navigate potential trading opportunities. 📆Coin of the Day: LDO (Lido DAO) About the Project Lido DAO is a decentralized autonomous organization that provides liquid staking services for various proof-of-stake blockchains. 🧩Technical Analysis 4-Hour Timeframe This analysis is...
HTF reversal formed (1D). Entry at $0.057, Target 1.618 Fib in confluence with 2024 peak trend line at $0.27.
IBM Seems to be forming a potential double bottom after bouncing from the 200 MA for the second time since early May and pushing higher towards the gap that was created after Q1 earnings……I believe we will begin to see some Bullish momentum soon once buyer step in lets see how this one plays out!
Hello Traders and Investors, today I will take a look at Intel . -------- Explanation of my video analysis: On the chart of Intel there are actually two major horizontal structure levels which you have to keep an eye on. First of all there is quite strong support at the $26 level and just a couple of months ago Intel rejected this support towards the upside....
After a healthy correction of around -70% (totally normal for a S coin) we have technical basis for a recovery rally A double bottom with bullish RSI divergence A down trendline break With a general altcoin rally I expect this to be trading back in the 1 dollar plus area soon enough.
#ILV doesn't have much resistance between now and WAY higher prices. Definitely can see this scenario play out If you didn't buy under $100 should you buy now? your decision ... Anyway we have a measured move that projects to $311 which I feel can be accomplished rapidly once our local high is taken out.