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Crypto_Sid Crypto_Sid XRPUSD, D, Long ,
XRPUSD: XRP/USD Double Bottom on Daily?
421 0 2
XRP/USD Double Bottom on Daily?

Took a quick look at the daily for XRP/USD and saw something interesting in my opinion. Could we be forming a double bottom on the daily that would project us back into the $2.25 range over the next week or so? I'll be watching to see how this day closes out, as price right now is sitting on a weekly .618 fib area. A close above or below will definitely ...

SkyRockSignals SkyRockSignals PRO PAYBTC, 30,
PAYBTC: PAYBTC Double bottom formation
29 0 1
PAYBTC Double bottom formation

Reached 1st target 0.00022500 and rolled back. Supply and demand equalized, the company has many good news and strong potential. Price level 0.00020700 acted like a strong support and rebound have happened twice, so double bottom may be formed. If it confirms there will be further growth to the next target 0.00022500. However Stoch RSI indicates that the coin is ...

eazywayout eazywayout NZDCHF, 240, Long ,
99 0 6
NZDCHF, 240 Long

Simple trend analysis, making higher highs & lows. Double bottom to daily resistance, now watching for a break of the counter trend line & retest for buy opportunities. Lets see how it plays out this week!

Roker1 Roker1 PRO GBPCHF, 60, Long ,
180 0 15
GBPCHF, 60 Long
Long on GBPCHF

Hi guys, simple setup on GBPCHF. We've recently broke and closed above a daily structure zone and we're back to retest it right now. Price has formed a nice double bottom and it held the structure so far. Therefore, i'm buying this at market and aiming to take first target off at the neckline and possibly second target up at the next daily structure zone. If u ...

TerryHarmonicTrading TerryHarmonicTrading PRO USDCAD, D, Short ,
USDCAD: USDCAD - Wait for good levels to continue shorting
192 1 6
USDCAD - Wait for good levels to continue shorting

USDCAD has completed a double bottom reversal on the H1 timeframe. This suggests that there could be deeper correction upwards next week. I will be patiently waiting at 1.2670 for potential short setups. I will be monitoring the vol indicator for extreme high vol at resistance. This could be an easy trade back to 1.2370. Do not use pending orders, always wait ...

MarcPMarkets MarcPMarkets PRO BTCUSD, 360,
BTCUSD: BTCUSD: Consolidation Is Broad Higher Low. Sign Of Strength.
9878 31 170
BTCUSD: Consolidation Is Broad Higher Low. Sign Of Strength.

BTCUSD update: Price action fluctuating within 12879 to 13786 support zone while presenting another double bottom reversal formation. Even though the momentum is still bearish. this area and the range lows (11600) offer a more attractive buying opportunity for longer time horizon strategies. The first observation to consider is that this market is in a broad ...

BTCBanker1 BTCBanker1 PRO ETCBTC, D, Long ,
ETCBTC: Ethereum Classic awakening, breaking out
585 3 5
Ethereum Classic awakening, breaking out

BITTREX:ETCBTC is now breaking out of what could be termed a loose triangle pattern that was formed as ETCUSD consolidated between November and January during an accumulation phase that occurred just above above its long-term support line. At the same time it is moving back above its 200 day moving average. If we make it above .0033 (confirming the double bottom), ...

IvelinAngelov IvelinAngelov PRO STRATBTC, 60,
STRATBTC: STRAT/BTC - A beautiful double bottom to take us in to the sky.
557 0 9
STRAT/BTC - A beautiful double bottom to take us in to the sky.

Hello guys, stratis/bitcoin is the one which got my attention, forming a double bottom on the bitcoin crash last few days, also they are starting up 2 icos till the end of the month, currently hovering around the fibs, i am opening a mid-term position which you can see on the chart. Stop loss and targets written. Happy trading

AndresThomasShirakawa AndresThomasShirakawa XVGBTC, 60, Long ,
4467 24 52
XVGBTC, 60 Long
XVG/VERGE next Target

I do not usually do one hour TF charts. After forming a double bottom pattern, a correction is possible to then break the resistance levels R1 and R2 to then make a breakout in the Neckline and follow the bullrun to the target. We will see how it develops. Thanks as always for the likes, pm, followers and good energy! Good week and profit for all!

ForexEZ ForexEZ TRXBTC, 240, Long ,
TRXBTC: TRX / TRON /  TRONIX | Double Bottom  Situation on H4!
540 0 1
TRXBTC, 240 Long
TRX / TRON / TRONIX | Double Bottom Situation on H4!

TRX / TRON / TRONIX | Double Bottom Situation on H4. For me its a sign of possible start of bullish recovery. Lets see how it will hold further. Please share your thoughts! Where I exchange TRX? Binance Exchange. Invite Link: https://www.binance.com/?ref=12150951

MarWar MarWar ETCETH, D, Long ,
ETCETH: ETC - 5th correction waves completed, confirmed by double bottom
301 0 5
ETC - 5th correction waves completed, confirmed by double bottom

ETC bull cycle is coming. The last correction has ended at the bottom. Price bounced up and confirmed that support 59 days later. Cleary two strong signals for a bullish market. On the daily chart, MACD is crossing the signal line and goes bold-ish up. Volume is getting positive. RSI shows also a lot of space to accumulate.

MarcPMarkets MarcPMarkets PRO BTCUSD, 720,
BTCUSD: BTCUSD: Back to 10K Before 20K? Watching For Double Bottom.
10427 26 113
BTCUSD: Back to 10K Before 20K? Watching For Double Bottom.

BTCUSD update: In an attempt to reverse higher, price pulls back into the 11600 low while falling from 14200 resistance level. Is price going to retest the 17K area resistance again any time soon? At the moment, price is fluctuating just above the 12310 to 11620 minor support zone which is relative to the .618 of the recent bullish swing measured from the 10700 ...

AriesTrading AriesTrading PRO UBQBTC, 240, Long ,
117 0 3
UBQBTC, 240 Long

Double Bottom formed on the 4H Currently testing resistance @ 43.5K sats 25 EMA about to cross the 50 MA CCI showing green and increasing, although getting to almost oversold levels. Momentum may die down here, and may see a retrace to the 618 Fib @ 40.5k sats.

Akil_Stokes Akil_Stokes PRO USDJPY, D, Long ,
USDJPY: USDJPY Building A Better Case for Entry (J_Graystone Follow Up)
800 4 26
USDJPY Building A Better Case for Entry (J_Graystone Follow Up)

Yesterday my trading partner Jason Graystone shared a potential buying opportunity on the USDJPY. Today what I wanted to do is revisit that idea and talk about how we can go about building a better case for entry or at least provide different options so that traders of different styles can get involved as well. Akil

NathanAB NathanAB PRO GLDBTC, D, Long ,
GLDBTC: [GLD/BTC] - Bullish Breakout
165 0 4
[GLD/BTC] - Bullish Breakout

GLD is looking good for a bull run. It formed a kinda pennant/ascending triangle pattern and is breaking out into the 1D cloud. Our target can be determined using the top of the cloud and the retracement from the previous ATH for around 4k. A closer look on the ascending triangle also reveals a nice double bottom / W pattern which supports this breakout even further.

roceanpatel roceanpatel BTCUSD, 60, Short ,
BTCUSD: BTCUSD Potentially Forming Textbook Head & Shoulders Pattern
155 0 2
BTCUSD, 60 Short
BTCUSD Potentially Forming Textbook Head & Shoulders Pattern

This is my first post, I have been teaching myself technical analysis for 6 months now. This is not financial advice, just my observation of a pattern. Bulls recovered nicely after the sell-off earlier in the week, however there is still much uncertainty in the market from the magnitude and duration of the event. Keep in mind that a head and shoulders pattern is ...

LookIntoTrade LookIntoTrade KOF, D, Long ,
KOF: KOF: breakout + a sort of double bottom
17 0 2
KOF, D Long
KOF: breakout + a sort of double bottom

The double bottom is a bit complex, but it rather qualifies for buying.

eazywayout eazywayout EURUSD, 30, Long ,
175 0 4
EURUSD, 30 Long

Double bottom to daily support, now price broke its CTL now moving up to create new potential highs!

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