Hello Traders ! On The Daily Time Frame, The USDCHF Reached a Resistance Level. Currently, We Have 2 Scenarios: Bullish Scenario📈 If The Price Breaks and Closes Above The Resistance Level, We Will See a Bullish Move... TARGET: 0.90130🎯 Bearish Scenario📉 If The Market Breaks The Neckline (0.87860 - 0.87426) and Closes Below That, We Will See a Bearish...
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FARM (Harvest Finance) has been bottoming out for quite some time. If it can move above the upper yellow horizontal, it will get enough momentum to break above the falling wedge on the weekly, and we could finally see a strong move 3-4x or more.
This is a simple theory that COINBASE:HBARUSD can be divided into two parallel uptrends on the weekly: one that acts as support another that acts as resistance When it first broke out of parallel support, it made a 2.5x measured move up, and then dropped back down near the 1.5x measurement, forming what would become parallel resistance after making a...
Shiba Inu token has been grabbing momentum as of late. On the 1W and 1D charts, a distinct W is beginning to form with us being a little above the second trough at the time of this idea. I drew a crude Fibonacci retracement -- it is crude because I am not 100% that I am using the retracement tool accurately BUT there are three fibonacci retracement levels that...
BINANCE:IOTAUSDT Hello dear traders. As you can see, the price has jumped higher after attracting support in the indicated area, contrary to the bearish scenario predicted by some traders. The price is now in an upward rally and there is no specific price resistance up to the $0.57 level. If USDT.D continues its neutral or bearish trend, Bitcoin and...
Bullish case: 1. End of corrective wave 2 2. Price-RSI Divergence 3. Price-Volume Divergence 4. RSI double bottom
NZDCAD leaves multiple bullish clues after a test of a strong intraday horizontal support. I see a confirmed bullish violation of a resistance line of a falling channel and a breakout of a neckline of a double bottom. We can expect growth now. Goal - 0.8285 ❤️Please, support my work with like, thank you!❤️
GBPNZD formed a cute double top formation after a test of a key horizontal resistance on a 4H time frame. Because the pair is quite overbought, we may see a retracement from the underlined blue area. Goals: 2.068 / 2.061 ❤️Please, support my work with like, thank you!❤️
UBER is forming a Triple Top pattern…..signaling overbought on the RSI…..and a gap to fill all the way down to $69…..let’s see how this one plays out!
COINBASE:SUKUUSD looking at the possibility of the beginning of a monster move up from a double-bottom within a double-bottom. High risk low cap - initial targets 3-4x if we get it. Potential for the 10x move conditioned upon confirmation of the 3-4x move. Daily double-bottom zoomed in below:
The Airi/USD monthly chart displays a higher low pattern, suggesting a potential reversal in the downtrend. Based on technical analysis, if this pattern is confirmed, it could theoretically reach a price target of $0.04.
I plotted this potential harmonic on Macy'y a day or two before their earnings on 02/27/2024. Saw the potential to short once the C target was hit but was scared to do it. Was looking at a $16 June put. At the time it was $63-$68. It is now $117 as I type this. #ScaredMoneyDontMakeMoney
The FIL/USD 3-day chart exhibits a pattern resembling a double bottom. Based on technical analysis, if this pattern is confirmed, it could theoretically suggest a potential price target above $16
Is CADJPY exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 108. What you guys think of it?
NSE:PRAJIND has finally given a breakout above the neckline. At the end of the day we can see the confirmation if the candle closes above the neckline. We already have the target and stop loss mentioned.
Hello Traders ! On Friday 09 Feb, The GBPCAD Reached a Support Level (1.69320 - 1.68928). The Price Formed a Triple Bottom Pattern. The Neckline is Broken. The Resistance Line is Broken So, I Expect a Bullish Move. TARGET: 1.72000🎯
- Double bottom on weekly timeframe - Doge as history shows is one the first bigger cap altcoins starting its bull run when alt season begins - Target zone 0.228-0.255