Hello Traders ! The Bitcoin Price formed a new double top pattern. At the moment, Th neckline is broken ! The support line is also broken ! So, I predict a bearish move📉 _________ TARGET: 62050.00🎯
Hi guys If the support range of $65,800 is consumed, the possibility of completing the double top pattern and a downward trend will be strengthened. It is likely that the announced data will be the driver of this downward trend if it is announced more than expected. Considering the maintenance of the resistance range, the possibility of continuing the upward...
Hello Traders ! On Friday 7 June, The dow jones reached a resistance level (39114 - 39217). The price formed a double top pattern. At the moment, The neckline is broken ! So, i predict a bearish move📉 ___________ TARGET: 38115🎯
NZDJPY Entry point :- 95.507 Stop lose :- 96.807 Risk :- 0.50% Target 1 :- 94.207 Target 2 :- 92.907
If 67k is lost and not reclaimed, Bitcoin may target a drop down to ~63k and then 60-61k (around 60.6k). This relates to a couple of other charts previously posted: A smaller double-top on the 4 hour chart that is already confirmed and hit TP 1, which is likely headed towards TP 2: A daily chart that is targeting 73-75k if it can hold 60k:
4 hour chart comparison, negative correlation between Bitcoin and the Dollar Index. I'm still bullish on BTC up to 73k, but I think we'll at least see 67.5k with the way these two are moving, possibly a pullback below 67k to around 60-65.
Hi guys! 👋🏻 🔔 $71400 is a static barrier for $BTC. The resistance which #Bitcoin is yet to break. Bitcoin is lacking liquidity to overcome that resistance, thus I'm waiting for the continuation of a correction. 🔔 Any bullish sign will be only above the aforesaid resistance or when #BTC completes the double top pattern and withholds the support at $60800. 🔔...
🔍LDO is nearing important support and resistance levels. Here's an analysis to help you navigate potential trading opportunities. 📆Coin of the Day: LDO (Lido DAO) About the Project Lido DAO is a decentralized autonomous organization that provides liquid staking services for various proof-of-stake blockchains. 🧩Technical Analysis 4-Hour Timeframe This analysis is...
Down Trend start, because Banknifty did not closing above previous top or resistance level and it formed Double Top. So we expect market coming down, next Target is Trendline Bottom. And also Nifty 50 did not Breakout the Channel Pattern, Trendline also Breakout, SGX or GIFT also Breakout Trendline. I want to help people to Make Profit all over the World.
BTC : 3 wedges to Monitor + Double Top On the rise : 1 Falling wedge has been detected , and it could bring the price to 72 928 $ ______________________________ On the decline : We can see on my graph a "Double top" + 2 Falling wedges Regarding the double top, the bitcoin can reach 48 000 $ minimum! About the 2 wedges : The potential targets can reach 56...
This double top pattern has formed on the daily chart of the XAG/USD pair (Silver) following a rather long bullish trend. It can be used as a downside breakout setup. The two tops are marked with the upper yellow line; the neckline is marked with the lower yellow line. My potential entry level is at the cyan line (10% of the pattern's height below the neckline)....
As we talked in the previous analysis: The Price Has Pulled Back to The Resistance Line. At the moment, the market reached the resistance level (1.08375 - 1.08851) and failed to break it ! The price formed a new double top pattern. So Let's expect the bearish scenario: if the market breaks the neckline and closes below that! We will see a bearish move...
After a huge bearish move (double top pattern) The USOIL reached the support level (77.98 - 76.82) and failed to break it! The price formed a rectangle pattern. Currently, The resistance level and line are broken. So, I expect a bullish move📈 ---------------- TARGET: 83.20🎯
Hi Traders ! On Wednesday 15 May, The AUDUSD reached a resistance level (0.67141 - 0.67348). The price formed a double top pattern. Presently, the neckline is broken. So, i expect a bearish move📉 --------------- TARGET: 0.65796🎯
NYSE:TAP has had a rough time as of late as noted on the weekly chart. I am torn between the was it a double top or are we entering a buying opportunity here? If it loses the 53 level it can continue to slide especially if earnings disappoint, on the other hand it could rise if earnings surprise at this low level. The lowest analyst had a target of 53 I am...
- 3 Failed tests on 4h timeframe - Price breakdown (hourly bear flag) - Price targets: 5226.75, 5153.75, trailing stop - Stop Loss: 5350 (break into ATHs)
BMY is here on the daily chart. The double top and death cross of the EMA moving averages makes for a strong candidate to short with shares or take put options. A comparsion of the most recent earnings report with the previous one sixty days earlier tells most of the story. The dual time frame RSI indicator shows ongoing wekaness. I will short BMY here and...
Previously, The Dollar Index Formed a Bearish Double TOP Pttaern. At The Moment, The Price Has Pulled Back to The Neckline and Failed To Break it ! So, I Expect a Bearish Move 📉 ----------- TARGET: 105.08🎯