AVAX has been selling off for nearly 5 weeks now. With BTC seemingly reversing as we speak, AVAX has found support at the most recent lows and is potentially aiming for a double bottom reversal. I'm looking for a move all the way towards the most recent highs, around 21.50, over the next few weeks. With a R/R ratio of almost 13, it's a very lucrative low risk...
I’m seeing a possible double bottom reversal With a unfinished gap to fill up .. If my Key indicators show bullish momentum 407-410 calls will work lovely here 406.50 407 407.50 408 408.50 409 all good price targets remember to secure those gains always leave runners and re enter if necessary!
Tata Steel is showing perfect triangle pattern and at the verge of break out. Buy above 115 to make gains of 80-100 % within a 12-15 month time frame. Disclaimer- this is just for study and learning and all outcomes of investment decisions are solely investors responsibility.
Chaikin Money Flow shows a break out about 0 level and a successful retest. Double bottom confirmed. RSI showing sign of bullishness. LL RSI is also showing sign of bullishness. Major resistance levels are shown in red horizontal lines. Lets see if it works out.
As you can see a double top formed on a 4H TF We have to wait and see if price resists or break above the A.O.I "Area Of Interest". Scenario 1 If price breaks above the "A.O.I" level the double top pattern is invalid and price could form a Triple top Scenario 2 If price resist the "A.O.I" level then we have to wait for price to reach the neckline...
MBOX/USDT Binance Pair 1D Chart create Double Top Chart pattern if you don't know about Double Top Pattern What Is a Double Top? A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a...
Bigger Trend is Down .......and on Smaller TF Double Top (Price Action) formed ....which Put me in a Bearish mode ...
As discussed in last two idea posts, Nifty has indeed shown strong support at 17500 area. Its also on the back of budget and possible renewed interests in bull move. Keep an eye out for good entry points for positional longs.
Recent budget and more importantly, recent adani fiasco, lot of ppl are in two minds and are habitually going in bear mode on Indian markets. But I'll have contrary view, as usual. I see Nifty taking a really strong support from 17500 area approx. and bounce for new highs, even as far as doubling the market in next 5 years. This analysis is based on trendline...
Buy US30, extremely oversold, couldnt break lows, formed double bottom, im in from 33035
US30 should continue its move up, as analysed beginning of this week, As you can see price pushed up above the 200ema reisistance to make it a support. Price then made a double bottom to continue the uptrend, when current stick ends bullish, we should see more buys, because this will be the retest entry on the double bottom formation
We have been hovering around 1.24 for some time now. We have formed a double top and bearish divergence on 4H and below. We are not overbought just yet, so this would be a factor to look out for I will pay attention to the price action at the nearest 1.24 retest (if so). Entered 1.24000 Target 1 GZ = 1.20723 - 1.20529 Target 2 FR = 1.18410 SL = 1.25000 Goodluck all:)
MELI is like a hydrid between Shopify and Amazon on the South American markets Fundarmentally its revenue compared to market cap is more favorable than either of those. On the weekly chart, MELI double topped to its historical high in February 2021 and September 2021. It then descended to a pivot bottom in July 22 The chart now shows a large green engulfing...
Last cycle , (if market manipulation is wasn’t a “thing”!) Wonder where that vertical line on the right would have gone… Hmm, perhaps we’ll see that somewhere soon!! Anyone wants to buy a Bitcoin? Get ‘em while their hot!
The algorithm shows an opportunity to buy credit agricole if the double bottom pattern breaks. The double bottom pattern is a bullish reversal pattern that appears on a chart as two distinct bottoms at roughly the same price level, separated by a peak in between. The pattern is formed when the price of an asset falls to a support level, bounces back up, falls...
Guess $40 was a solid ground for Coinbase. If it's a double bottom, you can expect 300% earn on this ride. If you want 1.5x leverage, you can try riding CONL NASDAQ:CONL Don't forget to run if $40 breaks
Basic analysis exercise of the double top pattern in previous AAPL movements.
Double Bottom with retest also done looking good current market price high probable trade !