Bitcoin is on the edge of a cliff right now. Everything is OK though.
BABA has spent the last year in a bear market. It's down about 60% from it's highs. Based on the charts, the sellers look exhausted and most of the downward momentum has been spent. There's bullish divergence on the daily and 4hr charts. It may take a couple months for bullish momentum to return in force, but it looks like we are at, or near the floor. I'm...
zooming in on the daily timer frame we can see a possible inverse H&S pattern GLTA
Check it out, let me know what you think. SNDL look like a double bottom with a couple and handle formation under way. What is the short % on this right now?
Hey There! This looks like 3 bottom. The Price shows bullish behavior, maybe 1:3 is modest but let's stick to "rules".
Recently I've been looking for metaverse projects so I haven't covered much DeFi, however 1INCH is bottoming if it hasn't already bottomed (and not just 1INCH, new signals will follow). I assumed the worst case scenario which is that bottom of possible retracement was that of last July's dump, in that case current price is currently passing below 0.786 Fib and...
Bullish Divergenve on the daily TOMOUSDT chart on the 2D Demandzone Also small Stop Hunt at the bottom. Probably another Stop Hunt within the 2D Demandzone + a Double Bullish Divergence into a Long Position.
$SE extremely oversold, looking for a long out of demand around this 200 level for a mean reversion to 250 in the short term. Strong growth stock backed with fundamentals, short covering rally is coming. Also to mention we are directly at the 100MA on this weekly chart, green day in the market will send this thing up quickly.
in total chart will win and make the pattern double bottom as usual but we will see huge sell after 7 days
$PTON has started to look spicy after catching a bid at the supply zone from nearly a year back. This zone may finally mark a stable bottom for this freefalling ticker. A strong breakout from our descending channel could likely catapult us over our overhead resistance. This will be come of my top watches going into the new year.
BINANCE:ETHUSDT 4 Hr Chart: Trade Management: Trade Entry: 123.90 Stop Loss: 122 Targets: Target 1: 143.28 Target 2: 158.32 Target 3: 169.94 Risk/Reward ratio: 28.72
Over the past couple of days, $UPST has regressed heavily and filled the gap it made back in August. With Fed meetings over, and the newly bullish momentum in the markets, this name is primed to make a hefty reversal. We have a small handful of resistances overhead, but I'm confident we'll be able to surpass them given enough bullish volume . If we run hot...
The short may have already left without me, but i am more interested in buying from 127.500 area Possible double bottom with plenty of liquidity for anyone who is currently long from that price area..
Hello traders! EURGBP is coming higher for the last few weeks, after the pair moved to the lower side of a big 2016-2020 range. Notice that pair is coming higher after a five-wave drop on a daily chart where we see a bottom formation because of a wedge pattern in a fifth wave. Wedge, or ending diagonal, is a special type of a pattern that has a slow and choppy...
Had a very long consolidation period with lower highs and higher lows, now almost back to the consolidation (order block) from before the move up. A lower low in that consolidation zone with a divergence could give me a very nice (long-term) entry. This consolidation zone also contains the POC (Point of Control) of the consolidation. This is where the most volume...
Hey everyone, welcome back. I was checking out random coins and I saw this one, seems like we have made a double bottom and its ready to breakout. as you know there are lots of random coins being pumped each day for 20 30 percent, they all have the same pattern, making a bottom and breaking a trend line. Anyways, all the info available on chart, good luck. * This...
Massive flow coming into 07/15 Could have found a bottom R:R is great and worth getting in at any pullback
CRSP is currently at key support and the 200 week moving average. This may be a possible bottom, however it is best to look for an entry on a lower time frame (4hr or 1hr chart) before entering. Bottoming patterns to look out for are inverted head and shoulders, double bottoms, and/or higher highs with higher lows.