Background On May 1 Bitcoin had shot up to the 1.618 extension of XA and stalled there for a while and I posted my first log butterfly idea, which will be in the lined idea below. I was one of the first and few people warning that this price action was at a major target and we should be expecting a retrace. As part of my disaster scenario and personal...
✅AUD_USD has retested a horizontal resistance Then the pair established a double-top pattern And finally broke the local support level So I am bearish now and I think That the pair will go down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
There is a possible double top emerging on bitcoin, will see how it works out. I think this idea has been starting to gain some momentum. But you never know how much money fed is dumping here on the market. Otherwise ETF has been built, it's just futures, but still. So the frontrunner momentum is probably running out.
Bearish impulse followed by a possible double top formation within a corrective structure.
SXOOF has retraced 50% after its rally where it double topped (11/18, 12/1). Price stopped at .29 which was a prior support level and the most recent made a bullish hammer coming out of a down trend. In addition we see a golden cross with RSI that is significantly lower than its recent highs. Looking for support at the .316 level and targeting the recent highs...
My personal opinion is that by the middle of 2022, Bitcoin might complete a double-top pattern going to lower levels than it is now. Neck with baseline on the $32K may serve as a rebound support line to recover a little bit before falling deeper (Path 2) or it may cross the neckline seeking an old support on the $10K (Path 1). I don't think it would be forming a...
NAS100, Got a nice entry on the shift bar earlier, I'm hoping to swing and complete the crab pattern, nice little double top followed by and IFC before a BOS/momentum break with perfect entry! let me know your thoughts! ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots...
✅CAD_CHF has hit a strong resistance level The a pair formed a double top pattern And broke out of the local consolidation To the downside, making me locally bearish And I think that the pair will fall further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
USDCAD has formed a perfect double top on the 1D timeframe chart and we can see the first drops. We can expect it drops up to at least 1.23. Just publishing my first idea. I hope you like it and good luck! TP --> 1.23
double top at the strong resistance zone + short term trend just broke down ... targets are the the yellow lines on the chart and move your SL
#USDSGD - Red DOA sniper and meter are holding strong on 4hrs We’ve created a double top as well We should see a nice drop on this soon
Harvest Finance ($FARM) has tapped its double top 1.5 TP (thick yellow line), it could still go down to TP 2 @ $59, but it is also sitting at the bottom of its falling wedge and RSI looks bottomed out, and is diverging from price. Additionally, we're back at the bottom from listing day on CB, having fallen slightly below it (top of green box). Let's see if we...
Ascending channel with price going for a possible double top. There is still a possibility for price to nullify the setup and push forward to complete the bigger ascending channel.
Good morning to all of you. I hope you are well today ? My double top technical target, already mentioned a couple days ago, with a technical target @ 46'000 has easily been filled with an intraday low reached early this morning @ 42'074. So what next ? This sharp downside move has, and it is obvious, triggered a TACTICAL REVERSAL ONLY !!! Indeed, no...
The chart pattern of the Big M is accomplished according metrics descripted in the Chapter 1 of the book 'Chart Patterns: After the Buy' by the author BULKOWSKI, Thomas N. The rules of the Big M stablished a breakout (D) dawnward of 7% average (less than 10%) from the valley (B) between the Double Tops (A, C) and a pullback upward in formation of the right peak...
BTC has a double top and rising wedge playing out - we've confirmed the rising wedge breakout but still waiting on the double top. We also have the MACD rolling over as confirmation of a change in trend. Then there's a rising wedge on the RSI that we've broken out of. I expect BTC to settle somewhere around 45k. Also - because the RSI has a falling wedge still in...
Hello and welcome back everyone, I hope you guys doing great. Sand has been very popular lately, so I decided to write a complete analysis for you guys based on technical analysis, few days ago I also gave you guys a trade idea. with less being said, lets get into it; looking at 2h timeframe chart, you can see that price has bounced off of the green trendline 2...
DAILY : Currently in a broad bear trend channel, roughly in the middle of the clouds and trying to hold above on a daily basis above the Tenkan-Sen or Conversion line @ 56'463. BTCUSD remains under selling pressure and for the time being we saw, over the last couple of sessions, successive failures to recover, firstly above the Mid Bollinger Band, which, as...