Hey There, I wish you have a good mood and profitable trades! At a price of less than 1.9840 Tether I expect a bearish movement to the price 1.7140 Tether (lower prices may also occur). Notice it's just a prediction and It's up to you to have a good risk management as well as good strategy!
DXY (US-DOLLAR-INDEX) back in trendchannel after a market failed to breakout. If this double-top-attern gets triggered we could see nice momentum for major-pairs!
Confluences: 1: Daily Chart Trendline Breakout 2:Daily Chart Double Top Pattern Formation 3:Price Create a new low and on daily chart failed to break above previous lower higher for 5- 9 days.
My analysis is simple, as you can see on my chart, a double top pattern has been formed on the H1 time frame, which means there is a trend reversal from uptrend to downtrend. Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
Nice simple idea here, a perfect double top formation. Price has already met and rejected the previous top at least for the moment, with that top also representing the ATH. Due to the sharp run up we see a relative absence of support until the 51.7k area. In my opinion this set up gives an advantageous risk/reward for a short position, with a short term price...
Sorry for lots of lines, but you have to watch them. My idea, wave B has finished and wave c started. we expect to Drop Down Bitcoin's price around 54500$ (I tried to show you TRZ). AB=CD Harmonic Pattern and Double Top Pattern are Making (Even Double Top Pattern is Making on Weekly Timeframe).
Here is an inverse head and shoulder pattern indicating a short sell to $45,000 and a long buy to $58,000. Also, we can see more than one signal confirming this. First, we can see a double top (M pattern) in play with price reacting to it's pattern. Secondly, we can see a downward trendline breakout at $48,700 and a pullback in play, which proves a sell...
CHF/JPY has been in a ranging market structure since last December , failing to breakout if this market structure. I expect the pair to fail in breaking above the key resistance area and sell until it reaches the important yellow support area . Therefore continuing with the ranging market structure . Adding on to the confluence , I see a potential double...
Hey there crypto pals. It looks like BTC is forming a double top pattern on the 1h chart. If it breaks down, you can expect a 45k re-test.
BTC.D looking top heavy and currently consolidating just above support level (~60%). We are also looking at a potential double-top setup (with neckline at 57.2%), the completion of which takes us to the low 40s. Needs to break that neckline first but are altcoins about to go berserker mode on us? A bit of a waiting game but we'll get the answers soon enough.
A trendline breakout occurred at $55,500 followed by a pull back to $55,050 which signals a sell order to complete the double top pattern (the M pattern). Also, as we can see on the chart, there is a double top pattern in play. If price continues to fall, then we have a M chart pattern. What do you think? Share your opinion in the comment section.😇 Please...
D1 : Yo-yo price action seen over the last couple of days Indeed, last 3 days are showing : 1) doji 2) bearish engulfing (invalidated !) 3) bullish engulfing (to be confirmed on closing basis today !) Global picture is under the influence of a "Double top formation" in progress (trigger level @ 43746 target 38492 ! ...
Hi guys..its the latest analyze chart of BTCUSDT in daily timeframe .Bitcoin is probably forming double top pattern.if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart! if u like it press like-comment and folow me.thx
Thants not a signal its a possible movement of the pair.
Within support we have a double top that has formed. We also have RSI divergence which is an added bonus for the short.Wait for a red kicker candle for confirmation of the short before entering a sell with around a 2/1 reward/risk.
- Created a head and shoulders -Broke Out Pattern - I have moved SL just past entry as there is a wick rejection of the trendline could be a reversal, so I want to protect capital.
A double top has already formed no the GBPCHF 240 chart and we are good to go. Reward to risk = 1.4/1. Enter around 1.21069 - Entry reason: Bearish engulfing. S.L. 1.21789 T.P. 1.20034
AAVEUSDT created a double top, if the price will have a breakout downward and broke the ascending channel, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow...