Ethereum double bottom pattern confirmed, 1H
View the chart for information on how I traded this pair.
In this analysis, we see that Bitcoin it's showing us a bullish rising wedge, my own proyection it's around of $41,200 dollars, that are my next target profit. Now, lookng in the perspective, we have in 4 occasion that Bitcoin form a strong support above of $30,000 dollars, that mean that bulls are defend this important zone to continue our boughts. For that, I...
A double bottom has already formed on Silver 240 chart. We are waiting a green kicker candle for demand momentum confirmation. Reward to risk = 1.4/1. Enter around 1.21069 - Entry reason: Bearish engulfing . S.L. 1.21789 T.P. 1.20034 Entry - awaiting green kicker. S.L. is around 24.77787 T.P. is approx. 26.15417
Litecoin has tested the 145USD support level, it is on its way to complete the double bottom continuation then it will probably break the 154USD level. That will give it the momentum necessary to reach 161 USD resistance. The stochastic indicator is currently in the oversold area, choppiness index is on its way above 61.67. Last time this happened on the hourly we...
Double Bottom has already formed and transitioned to a Bullish Flag which has just experienced a price breakout. We could see some really nice upside to $18-$19. In the mean time watch price action and volume .
ROSE shows a double bottom pattern plus a (not that great) head and shoulder which is confirm its bullish trend and it can rise till the line plotted in the chart
If the second bottom close over the neckline = bullish. If it closes lower (as its right now) = bearish. still in building phase, things are getting interesting. If BTC drops, I aim for 618 fib (21 500) to buy the dip. If it goes up, then everything is possible. Happy trading (but be careful) XD
RVNUSDT are you Alive? The price created a double bottom on the weekly structure and the price had a breakout from the falling wedge. The price Is testing daily support. We are looking for a new bullish impulse, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
GOLD after creating a double bottom at the 1860 level started a retracement move until the 0.382 of the previous bearish leg, near the weekly descending trendline. The price moves between 1880 and 1890 level and attempts to break below with a spike. IF the price will break and close below the 1880 area we will set a nice short order according to Plancton's...
Is the market maker still alive? Indicators are tired of being oversold. My targets: Short Term -> 0.01518$ Mid Term -> 0.01780$ Long Term -> 0.03400$ NOTE!: Ravencoin's block reward will halve in Jan 2022. (5000 RVN -> 2500 RVN) You can confirm this event from Ravencoin's official Twitter account. This analysis is not investment advice. You should do your own research!
cardano is forming double bottom pattern,going long(please trade on your own risk)
Bhartiairtel may reverse from CMP as it formed double bottom and also has a demand zone at 536, so it might come down till 536 (I will wait 530)... Above strong supply at 565-570 which need to be broken for further upward move... Targets on chart....
Based on the 4hr chart there is a double bottom forming. Price already broken through the resistance and then hovering around it for some time. The last 4hr candle close indicates another close above the resistance so i am convinced that price will continue going up Buy GBPAUD 1.8100 Stop loss 1.8020 Take profit 1 @1.8180 Take profit 2 @1.8260 good luck
EURGBP on weekly timeframe bounced of long-term support. The price broke out of the trend line and while doing so, double bottom formed.
1.87300 -1.87000 looking like this can hold its own and a potential DOUBLE BOTTOM formation. Looking to buy in this area and expecting a break above 1.88000 and further up Gud Luck!
When we analyze Aud/Cad on the daily, we have left the support area and moving up. If we go to hour 4 , We have the moving average crossover and even though I have not included them in the chart , Full Stochastics has left the oversold area and the Rsi set to a 9 Period has also left the oversold area. I included 2 Take Profits on the chart! If you buy now you...
A short demo that demonstrates a work of the Double Bottom Pattern Indentifier with default settings.