The BCH/USD weekly chart displays a pattern resembling a giant double bottom. If this pattern plays out, technical analysis suggests a possible price target exceeding $3200. Due to Bitcoin's historical dominance in the market, some consider Bitcoin Cash a "clone" and speculate that its price movements might echo Bitcoin's to a certain extent. This concept is...
Gold appears to be overvalued in my opinion. On the 4-hour time frame, the market has shown a rising wedge pattern and a double top pattern within that. Both the neckline of the double top and the support line of the wedge have been breached. This indicates to me that a corrective movement may be on the horizon for the pair. My targets are set at 2263 / 2240
Ripple ( XRP ) will put the banking system to the test. Many attempts to shut down this "wonderful" coin have been made. Still, it's alive, has a pulse, and it's barely getting started for the New Crypto Age. It will take some time indeed, until it would be implemented in the systems. All I can say is that, IMO, the Crypto Revolution is inevitable. Anyway,...
Monthly Chart of CBLS. Bullish! Little Island Reversal w./ a double bottom. Expecting to C higher monthly Close(s). Higher lows on each month.
USDJPY did exactly what was explained in my first break down. I'm still sell biased and i feel like NFP is only going to push price to the downside also so everything should work in my favor.
NVDA bad trend signals, many more stocks like retail NYSE:ANF LSE:ALF TANKING. CASH is king!
Potential! 118 PUT Double Top Pattern on the 2-hour Hour Time Frame Break and Retest on the 15-minute time frame Price has to feel gap below, at least eventually Expecting Price to reach $118.00 Let's see:)
I am giving this a try. The chart kinda says it all. I am looking for T1 to get reached, but will likely take it all off, if that happens. SL for me occurs on a break of the green line.
Usdjpy at a major level of resistance sp i decided to short with a 1:3RRR *Usdjpy shorts eveerytime price gets to this level
4H TF OP has created a reversal pattern, now it's trying to test resistance at 3.25 If OP can break and close above this resistance, I expect price will go higher 3.5 that zone is Supply Zone Wait for confirmation before trade
Hi Traders ! On Wednesday 27 Mar, The Bitcoin Reached a Supply Zone. The Price Formed a Triple TOP Pattern. Currently, The Neckline is Broken ! So, I Predict a Bearish Move 📉 ---------- TARGET: 64000.00🎯
Hello Traders ! On Wednesday 28 Feb, The USDCAD Reached a Resistance Level (1.35898 - 1.36269). The Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! ---------- TARGET: 1.34940🎯
NZDCAD nicely respected a recently broken key horizontal daily support. After its bearish violation, an underlined blue area turned into resistance. Testing the broken structure, the price formed a double top pattern on an hourly time frame, giving us an intraday bearish confirmation. We can expect a retracement at least to 0.8136 ❤️Please, support my work...
The greenback might be showing signs of a peak -- despite strong economic data and a favorable macro environment. The first pattern on today’s chart of the U.S. Dollar index is the price line around 105. DXY stalled at this level in mid-February and again this week. Some traders may view that double top as a bearish reversal pattern. Second, the resistance is...
Rounded Bottom Pattern: The DJT chart appears to be forming a rounded bottom pattern. This pattern is generally considered bullish and suggests a potential reversal of a downtrend. Here's a breakdown of the key characteristics: U-Shaped Price Action: The price action forms a "U" shape, with a gradual decline to a low point and then a gradual rise back up. Lower...
USDCAD structure looks pretty amazing on higher and lower timeframes. really not much to say. everything is in the videos . hope you guys watch the whole thing and paying attention
EURAUD overall was in a pretty convincing correction stage. the overall market behavior was showing correction swings or pull backs so i dissected the market until i understood what was happening to then enter sells.
Buying INTL today. The setup looks good. Price has reached the lower bound of falling wedge at the end of wave 4. Looking for the pivot point on the RSI to confirm Targetting $50.50 price