This article is pure technical analysis. BINANCE:ARBUSDT is showing a double bottom pattern, indicating a potential bullish movement. But first, pay attention to its past price movement that led to a bullish movement of the coin, ARB had a multi-month trendline breakout. Through this trendline below there were multiple instances of resistance (highlighted in...
CRYPTO:HBARUSD has a confirmed double-bottom on the daily. Confluence: - closed above the 50 and 200 day EMA and MA Targets = 5.8 & 6.1 cents Not shown on this chart: a move above 6-6.2 cents may confirm a larger move up via a wedge break on the daily bar chart, but may face resistance around 7-8 cents and needs to get above 10-12 cents to move towards...
Weekly the oil is in bull swing, the correction phase is done. the daily DB pattern neckline has broke, so the target of daily DB pattern is 93.78. The weekly swing target is 100.
Not a sure thing that the breakout will confirm here, always a chance it could correct back inside the channel once or possibly even twice before triggering the real breakout, though of course the current move could easiy be the breakout. Either way sooner rather than alter the breakout should be official and once that happens the target will be around 63-64...
Sharering has just announced some massive news, namely that they have been certified as a digital identity services provider in the UK, which means they are now able to offer their digital identity solution for labd registry purposes in the UK. In other words, they have essentially partnered up with the UK government. cointelegraph.com We are talking about a...
AUDUSD break neck line Double Bottom formed Find Pull back to Buy Entry : 0.6455 SL: 0.6384 TP1 : 0.6600 TP2: 0.6800
On October 2022 the pair broke out a massive double bottom. After that it consolidated for months to break out again. And now it came back to a important support zone. I think that double bottom still active and there is more gas in the tank. Great opportunity to pick it up here. It may consolidate a few more days to shoot up again, I don't know but I'm already...
Hello Traders ! On 4H Time Frame, The NZDCHF Price Reached a Support Level (0.51902 - 0.52084) Currently, The Price Formed a Double Bottom Pattern. The Neckline is Broken. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.53330🎯 ___________ if you agree with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders ! On Friday 20 October, The NZDCAD Price Reached a Support Level (0.79808 - 0.79418) Currently, The Price Formed a Double Bottom Pattern. The Neckline is Broken. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.81100🎯
A nice and simple bullish structure opportunity here on the GBPJPY as price comes back to retest a recent level of structure support. If you have any questions or comments about the idea, or if you just want to share your own views, please leave it in the comment section below. Akil
Hello Traders and Investors, My name is Philip and I am a German swing-trader with over 4 years of trading experience💻 In my opinion you don't have to pay any attention to news and fundamental analysis. The chart of an asset literally tells you everthing you have to know🤯 ------------------------------------------------------------------- 👆In today's video...
The Unemployment Rate looks like it's getting ready to spike higher as it Double Bottoms at the 0.786 and cracks above the 21SMA. If this plays out, it will likely spike to the highs or even make a new higher high. During all of this, I expect the macroeconomic data charts below to also play out: Consumer Credit Balances: The Mortgage ETF: US Interest...
Despite a setback in UK Retail Sales last Friday, where September's retailers' receipts fell by -0.9% against the expected -0.1%, the Pound Sterling is finding its footing amidst a weakening US Dollar (USD). As it finds demand around the $1.21000 area; the GBPUSD pair is capitalizing on the current market conditions, aiming to secure gains in the face of global...
NZDCAD was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 0.5180 region. Will the bulls take charge again continue for leg higher?
NSE:ITDCEM is making double bottom. Trade should only be taken after completion of pattern that after closing of candle above neckline.
price pushed up with good volumes and bulls are very strong bears lost ground at 31k.. with all the positive news coming its going to jump till 40k at least if bullishness continues. i recommend to open long positions in a systematic manner so that u can catch any small falls..
A comprehensive analysis of CRYPTOCAP:DYDX , presently valued at $2.36 as of the current writing, unveils a series of significant patterns and indicators. Most notably, an intricate Triple + Double bottom formation has materialized, complemented by a consistent series of ascending peaks and troughs in the Relative Strength Index (RSI). This steadfast progression...
Déjà Vu: A Tale of Double Bottom Resonance Neo, much like Bitcoin and other digital assets, knows how to repeat history. In 2020, it showcased a double bottom pattern, and its evolution bears a striking resemblance to what we are witnessing today. The Setup: An Intricate Dance of Market Forces A double bottom pattern is no mere coincidence; it often involves...