Bitcoin hardly doing anything looking at the higher timeframes. Still could be a diamond playing out again. But I will first see real conformation for any pattern at the moment before I get into a trade again.
Look at this and sell before tomorrow.
The diamond I showed yesterday played out, but..... Not to the upside as shown in the chart but to the downside.
Bitcoin just came to the same level as yesterday and wicked down immediately. This could be the last push we need to overcome this big resistance zone.
This Diamond Pattern on the 1Hour could play out. Invalid if it goes down to the red line.
SAP has been in a large upward trend. With a double bump and run, an island bottom, and a diamond bottom. Recently the price has been near a death cross however this has been averted with the recent price rise. Volume has recently seen a steady decline. Expect this bullish trend to continue.
Pepsi is currently in a large upward channel on the weekly timeframe, on the daily timeframe a bull flag can be observed, this will lead to upsides. Other patterns include a diamond bottom reversal after a short term bearish run, a double top, and a double bottom. A great buy long term.
Spotify is showing mixed signals with the formation of a diamond top which is indicative of a bearish reversal, evident on the chart. Also, formation of an island top which are a quite reliable bearish reversal chart pattern. The uncertainty in this chart may be evident to investors which choose to capitalise on this or sit out. Personally I use Spotify myself..
WIT has formed a parabolic uptrend, with multiple touches on the uptrend line. Charts pattern formations include, Adam & Adam, Horn bottom, Diamond bottom, and a possible falling wedge. A triple bottom is also present on the uptrend line.
Achillion has show some nice symmetry, this is mainly a result of the formation of a diamond and island bottom. A golden cross can also be observed increasing the bullishness of this chart. A recent merger has also been announced.
Ark diamond top formation, the 'diamond forms after an upward price trend. Breakout is upward' results in a short-term bullish continuation. Very consistent in a bull market with 21/23 Performance rank however in a bear market quite inconsistent with a rank of 2/19.
Diamond Offshore Drilling Inc fell by -1.84% on the last day ( Wednesday, 11th Dec 2019 ) from $5.98 to $5.87 and has now fallen 3 days in a row. During the day the stock fluctuated 5.34% from a day low at $5.81 to a day high of $6.12. The price has fallen in 5 of the last 10 days but is still up by 2.44% over the past 2 weeks. Volume fell on the last day along...
Diamonds are trend change pattern. The diamond shape is intersected at the apex by the price action, which happened to be the large pump and dump. The diamond reversal pattern is present in BTC and other assets, as well.
BTC Formed Diamond figure. The price of an important uptrend line, from which everything depends on the reaction of the price (yellow line). Also, the price has been for a long time above the downtrend (white line). If the uptrend (yellow line), which acts as a support, maintains and the price moves up, then the first goal is $ 9700-9800 A very important area of...
The red ichimoku cloud says something about date(s)... I think i see a diamond