Hello everyone, At the same time as Bitcoin and Ethereum delete investors by jumping up and down. 1inch performs its previous moves with 100% efficiency. After counting a sharp decline, it drew: - #1 bottom - correction - double top - fakeout - #1 bottom As since the last bearish market on May 23. Do we have a chance for growth now? If the cyclicality...
This is where Technical Analysis and strong company fundamentals collide. CSE:PKK has their strongest quarter incoming (Q4) which is expected to surpass 2020's revenue in it's entirety. This, combined with a NASDAQ listing, and other unknown catalysts should result in powerful capital market results. More on the double bottom pattern: "The double bottom...
As I mentioned yesterday, there are many similarities between the 2021 and 2017 bullrun. On the daily we are actually putting in a double bottom as we speak with bullish divergence on the RSI. This is a wild coincidence especially when the RSI bullish divergence is angled on the exact same angle as 2017(30degrees), assuming we bounce from here. This could...
Hey guys, this pair traded to a strong support zone and bounced. We see formation of a double bottom which is a bullish reversal pattern. It also broke the trendline on the right. With those confirmations, i'm looking to go long on this pair
in 1H time frame ltc has shaped a pretty double bottom pattern and we can get a long from here to TP1:192 TP2:204
Here is the new update for SLPUSDT.. #for education propose only #NFA
HCA is consolidating after a large move up. Buying pressure came in on 25th of June 2021 and set $204 as support. Since then buying volume has decreased but not by a lot. That's why HCA is positioning it self for a breakout. Looking at the longer time-frames, it's showing a clear up trend and it's also expected to grow its earnings-per-share over the coming...
As we see the double bottom formation coming up and the pair is approaching its lower price rate that it hasn't reached in a long time.
- Multi Year Breakout - Double Bottom Pattern formation - Expecting a bit more correction but if stock continues its momentum, we can enter - SL can be 1150
Everything explained in the chart. Cheers :D
Prices are currently retesting our support zone. We will be waiting for confirmation that this current zone can hold and potentially form a double bottom on this nice zone. We will be looking for a move upside towards the previous resistance zone if the current support zone holds.
The price created a double bottom on the daily timeframe and now the price is testing the daily resistance. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
XAUUSD Gold Target Price 1848.842
Take a look below you will see the previous analysis of this pair. Originally price formed a double bottom. Price retraced to the neckline as expected. After the retracement priced formed a doji on the daily (signally a possible reversal after the downtrend/sell of). This area was near 61.8 fib level, which is where price respected and found support at this...
Double bottom pattern reversal on minor down trend 1H
Hope for a double bottom. It is a possible move?