Positions closed at break-even and the structure still appears to support bullish momentum. Pending order placed as we look forward to bullish momentum. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including...
EURAUD has formed a DB pattern on its hourly chart. The price is trading above the entry level EL 1.46419 EURAUD DOUBLE BOTTOM PATTERN WALL 1.48307 💼 EL 1.46419 ⚠️ STP 1.45360 🎯TP1 1.50132 🎯TP2 1.51402 🎯
ALICE formed a nice Adam and Eve double bottom on the larger time frames. Money is flowing into the asset. Buy the breakout of the neckline, targets are marked by the measured move from the bottom of the cup.
I’m sure this chart looks like a mess to most of you but every line currently on the chart is part of a pattern that is currently in play. We can see the smaller double bottom pattern we have been above the neckline of for a few days has a breakout target of 47.7k which it appears we are currently heading to now. In doing so, price action has also hoisted itself...
Neckline still resistance for now. May need a slight correction before confirming a breakout above it. Definitely one to keep an eye on.
Not only is ETHUSD’s price action currently above the neckline(tan trendline) of a descending inverse head and shoulder. It’s also above the neckline of 2 different double bottom patterns. (Green and yellow horizontal trendlines). The right shoulder of the inverse head and shoulder pattern is actually also a valid double bottom pattern on the 4hr timefram(daily...
$ZI very clustered chart at first look but plenty of significant technical build up in this name -double bottom basing chart with RS since feb -2 weeks price coiling between both VWAPs IPO and ATH -price action rejection at 200MA on 3 period since jan all points to $61 breakout
Hello TV Community, As we have witnessed a long time are the ones driving the any market, when we want to take any trade, we look for all different time frames as well as our technical analysis /fundamental. What I have learned from GURU at TradingView and what I feel about next in these markets are as follows. Double Top/Bottom on Monthly Multiple "W" and...
It is overdue for a red daily candle, but its pump thus far has been impressive. The yellow horizontal trendline represents the neckline of the double bottom pattern the price action is currently painting. Odds are good it will trigger this double bottom in the near future but I anticipate a slight pullback prior to that. Of course it could defy that probability...
The 3day chart shows a strong sign of recovery and can be taken as a future outlook of the weekly. Bullish stuff: We entered the bull market support band and did not get rejected so far. The RSI shows a strong healthy rise. Trading volume is higher compared to the start of 2022. We formed a W shaped double bottom which is a strong reversal sign. Bearish...
BITCOIN has a powerful triple bottom! We're about to cross over the 100 day w/ the 50 day and then up to the 200 day and after that I don't know where! The moon maybe? What's to hold anyone back from being a buyer right here? Surely every analyst out there can see this powerful pattern with their own eyes!
I'm noticing this beautiful double bottom with handle on AVAX so I'm picking several points to prove my analysis. One the price continues to move up out of this handle. Two the price moves above the left side of the W. Three the price moves above the right side of the W. Four, if the price does fall down to the 50 day SMA as a test of support, it bounces off...
Much like ethereum, Axie Infinity has an Adam and Eve double bottom, a larger standard double bottom, and an inverse head and shoulders all rolled into one. Unlike the ethereum inverse head and shoulders, the one here on axie may not be valid as it does appear that the right shoulder has a slight wick lower than the wick of the head…but if the inv h&s pattern on...
Luna completed it’s double bottom breakout with ease, and considering we only just recently shifted back into an uptrend I’m assuming this double bottom as well as several other cryptos double bottom patterns are likely to trigger as well. Of course, as always we should wait for confirmation of a bullish breakout from this pattern, not go off assumptions, and...
We have Hidden Bullish Divergence on the daily along with Classic Bullish Divergence on the weekly and are potentially Double Bottoming near a Logscale 1.618 Fibonacci Extension.
Not enough volume yet to call this a confirmation of the breakout but that wick retest as support on the current candle is encouraging. If it triggers we will probably test the resistance of the 200 daily ma next around 47.8 - 48k. The 4hr chart symmetrical triangle(not shown here) we broke up from a week or so ago has a measured move target somewhere near 49k if...
APE Coin looks like it's potentially going for a major Fibonacci Extension from here after Double Bottoming at the 61.8% Retracement and forming a 3 white soldiers on the daily the next move one could expect is a 1.618 Extension though I may want to take some profits at the 1.272 just to be safe.
DOT has done breakout of the dynamic resistance from ATH Analysis Breakout of dynamic resistance Made double bottom on the trendline as retest of it. Consolidating in range Floored the bullish/breaker order block Safe entry is $14 Risk entry is $16