Double bottom to daily support, now price broke its CTL now moving up to create new potential highs!
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: www.binance.com
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...
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.
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...
I keep updating my initial idea on BTCUSD . Started with a bearish Gartley (on the daily graph) that took the price of the Bitcoin down. At that point I setted two supports. A "dotted line" that was most likely to occurr and a more stable and extreme occurrence, the red line support. See my related idea for that one. As of now, in the 4h chart, the cross held...
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
Looks like a potential double bottom off strong daily support, waiting for a daily closure for potential longs. I would now be buying the pullback (lower high) completion before a potential new low..
Double bottom in COMM. Not very perfect, but still.
If ADA test the resistance a third time a breakdown may occur afterward. Good for shorting, but don't use this as an entry point as mentioned in the description in the related idea.
Double bottom in XRAY (the last closing price is above the breakout line).
There is a support line at $0.60 in which a double bottom could potentially form. Stop-loss at $0.50... any thoughts?