Here you can see the same chart on the log scale. This shows just how beautifully perfect this double bottom pattern + the inverted h&s is.
Findora is a nice microcap privacy crypto that's still very much under the radar. Currently only has a $8m cap. They plan to revolutionize privacy in crypto across the entire space. Spending 5 minutes of your time to read about this project or watch the latest video on their YouTube will get you interested for sure. This is not just another privacy coin, this...
The double bottom chart pattern has formed on the daily timeframe chart of GBP/JPY following a downtrend. I will use this formation as a potential bullish entry. The two bottoms are marked on the chart. The neckline is marked with the upper yellow line. My potential entry level is at the cyan line. My potential take-profit level is at the green line. A stop-loss...
possible double bottom in my eyes so taking a long with a close stop lose bellow the support its bouncing off of rn.
We can see a bit of a pump in price action on the 4hr chart for ether here. It appears to be breaking above the neckline of an inverse head and shoulders pattern(in yellow). Of course many times these patterns do not trigger their breakout on the first break above the neckline but rather dip back below it and wait until the 2nd or sometimes even 3rd break back...
We see a hidden divergence in Daily timeframe. So the pair will go up! In 4h, we can see the target by analyzing the double buttom!
Expecting Good Bounce from this level. Double Bottom Formation created.
AMZN has been holding a massive falling wedge for quite some time, and with buyers finally starting to step in as AMZN approaches earnings, definitely will be keeping a close eye on this one. Bollinger bands are squeezing (Not Pictured), Bullish ABCD Elliot Wave, some bullish hidden divergence on the RSI, and a double bottom all pointing to a breakout. However, a...
Double Bottom Pattern is Signaling a Buy on Hydra! The Double Bottom is also called the BIG WINNER, because it forms a W on the chart. I expect HYDRA CHAIN (on the 1 Day Chart), to continue bullish until we reach top of the parallel channel before breaking out to resistance at $3.60+. One Key Target area to watch as we approach the neckline & top of parallel...
EURGBP Another double bottom + TL as support! We could go further and add various other confluences but what's really important to implement your own trade plan in this idea! Double bottom, support 0.88350 areas. Drop below further than that, then I would re-think this idea. Overall stay above the support of 0.88350 and break of the key resistance that has...
Have had my eye on LAC and the lithium sector for quite some time now, and some big news coming this week for LAC while simultaneously setting up for a breakout. LAC is currently holding a massive falling wedge on the daily and weekly timeframes. On top of that, LAC has some slight bullish hidden divergence on the RSI after being way in oversold territory, a...
CINF has formed a nice double bottom I expect the recovery of the second bottom to be similar to the first bottom, hence I have drawn the ascending diagonal lines against the two bottoms upwards Bullish reversal situation
The resistance zone as been retesting since 13 DEC 2022 to 14 DEC 2022 but didnt break it on 18 JAN 2023 it come back to retest on the resistance zone then drop a little bit and reject the down side pushing up again to resistance on 22, 23 JAN 2023 reject it and drop to retest on support finally after retesting the support it made a double bottom and pull back up...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my trading plan / routine, I update my charts and alerts every Sunday night to be ready for the upcoming week. Tonight, while going over all the charts, I noticed that these there assets / tokens are forming similar price action. LINK - DYDX - SUSHI || Weekly...
The chart is showing a double bottom on weekly chart which gives and indication to blast the price with an upside move of 23 % , by following the chart and buying the stock as this company is in business of spices which lead to a greater demand as fmcg product consumption are increasing and with a higher expectations of earning in results this stock can give upside move
Hi Traders Todays analysis on US100, on the daily chart. You can see that price made a huge double bottom, made up from 2 separate double bottoms as ssen in the chart. This is a strong trend reversal, and leaves us open for a possible long swing trade. Price has made the double bottom and made the first push up, as you can see, the previous daily close gave us a...
Watch the video to see why 2023 will be a recovering tech stock for bursa Malaysia. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
RUNEUSDT chart gives a comprehensive outlook on when the current bear market can probably end and the interim (minor) bullmarket start. I'm not speaking about the major bullmarket similar to 2020-2021, which obviously is determined by Bitcoin's halving cycles, but rather an interim smaller bullrun with lower highs, which are nevertheless enough to cause high...