triplebottom

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MarcPMarkets MarcPMarkets PRO BTCUSD, 240,
BTCUSD: BTCUSD: Triple Bottom But Facing Bearish Momentum.
8527 43 150
BTCUSD, 240
BTCUSD: Triple Bottom But Facing Bearish Momentum.

BTCUSD update: Triangle and minor support broken as bearish momentum carries this market to retest the 11600 low. Price is now hesitating at what could develop into a triple bottom support. Buying now is still attractive for longer time horizon positions. In my previous BTC report, I highlighted the lower high and what possibilities it implied. The market chose ...

MarcPMarkets MarcPMarkets PRO BTCUSD, 240,
BTCUSD: BTCUSD: Momentum Reversal In Play.
7978 37 139
BTCUSD, 240
BTCUSD: Momentum Reversal In Play.

BTCUSD update: Within the triple bottom formation that is now established in this market, there is a particular sequence of price action that often leads to a momentum reversal. The confirmation of this infrequent pattern is a retest and higher low of the 12350 support area. Price has broken the 13500 resistance level and if it continues at this rate, will most ...

jgardere jgardere USDJPY, D, Long ,
USDJPY: Could USDJPY be swinging back up?
57 0 3
USDJPY, D Long
Could USDJPY be swinging back up?

Could USDJPY be headed to the upside? Technicals may be leaning bullish on USDJPY and here’s why: - Triple bottom formation currently forming (possible indicator of a reversal). - Using bullish bias on the daily chart, price is currently hovering on the 50 level of the Fibonacci indicator, which can be used as high indication for bullish swings. - Lastly, ...

Tradingstrategyguides Tradingstrategyguides PRO BTCUSD, 15, Short ,
BTCUSD: ENTRY POINT - BTCUSD 3H A-B-C-D-E Pattern Entry Point 15m B-H-G
471 2 3
BTCUSD, 15 Short
ENTRY POINT - BTCUSD 3H A-B-C-D-E Pattern Entry Point 15m B-H-G

There is a 12K double bottom support level that can be my 1st Take Profit area. I have drawn an ascending trendline that when a Break-Hook_Go pattern on the 15m chart develops I will enter with a triple bottom retest as my TP. Price may continue bearish from there to the "e" point support level as my 2nd Take Profit.

StatFall StatFall EMC2BTC, 60, Long ,
EMC2BTC: EMC2 Triple Bottom Reversal
343 0 1
EMC2BTC, 60 Long
EMC2 Triple Bottom Reversal

Possible reversal starting on EMC2. Triple Bottom over the last few days could set up for a run. Watching the neck line for a full on reversal confirmation if it breaks. With news coming on the 19th, this could be a chance to start scaling in or thinking about a position when the Neck Line breaks. Happy Trading!

Krystiannwk Krystiannwk MUEBTC, D, Long ,
MUEBTC: MonetaryUnit low risk long position
175 0 2
MUEBTC, D Long
MonetaryUnit low risk long position

Pair is bouncing from the GAP on Daily chart and created triple bottom. It is qquite possible that the pair will try to reach 2000. Target between 1500 and 2000 is quite reasonable

eazywayout eazywayout NZDCAD, 240,
NZDCAD: NZDCAD 4H
96 0 5
NZDCAD, 240
NZDCAD 4H

Triple bottom on the daily.. Price above its weekly uptrend line as well, watch for a break of the CTL & resistance turned support to go long

drgorogbalazs drgorogbalazs PRO ICNETH, 240, Long ,
ICNETH: ICNETH Kraken 09Nov2017 – RSI Bullish divergence
124 3 3
ICNETH, 240 Long
ICNETH Kraken 09Nov2017 – RSI Bullish divergence

ICN broke out falling wedge against ETH on 3rd November. After consolidation on support line RSI divergence can be seen on 4 H chart and expecting upward movement. ICN is at its all time bottom and on the 4 H chart it looks as a triple-bottom as well in the past days. I expect upward movement – I am already in with approx. 1300 ICNs. Based on Fibonacci levels and ...

slim7 slim7 AUDJPY, 60, Long ,
AUDJPY: AUDJPY buy setup
34 0 0
AUDJPY, 60 Long
AUDJPY buy setup

The chart shows a falling wedge and a break out of the neckline of a triple bottom , price will probably go way up to test previous resistance levels

Krystiannwk Krystiannwk SAFEXBTC, D, Long ,
SAFEXBTC: SAFEX worth to take a closer look
472 1 5
SAFEXBTC, D Long
SAFEX worth to take a closer look

Based on recent price action I think it is good idea to consider buying some of them. We have 200 ema acting as strong support pushing pair towards north, triple bottom, GAP which may hold any drops and huge bullish candle on the Daily chart. I marked similar formation with Yellowish rectangle which may suggest similar price action in future I would set first ...

JayBeckner JayBeckner FIT, D, Long ,
FIT: FIT Bottom
124 0 4
FIT, D Long
FIT Bottom

Supporting a bullish business/product narrative are constructive technicals including: Jun - Aug triple bottom, Above 200 Day MA, bullish RSI, ascending triangle breakout, reward > risk (see levels: break $6.72 then $7.15, opens up $9.79 then $12.67). Check out my developing story at https://xdaystogo.com.

Krystiannwk Krystiannwk ZRXBTC, 60, Long ,
ZRXBTC: ZRXBTC good level to entry the market
202 0 2
ZRXBTC, 60 Long
ZRXBTC good level to entry the market

It is quick look at this pair. There is consolidation after pair reached another psychological level after 10k which is 5k. It seems that it has hard time to go lover. There is triple bottom formation on 1H chart which may suggest bullish movement in near term. I;m aware that it is very fresh chart and technical analyst shouldn't be apply here but if U look to ...

eazywayout eazywayout EURCAD, 240, Long ,
EURCAD: EURCAD 4H
50 0 3
EURCAD, 240 Long
EURCAD 4H

Price broke out to the upside when the market closed on Friday. Here I see on the 4 hour a break of its downtrend line & a retest @ supply zone / 50 fibonacci level. Will watch how price action plays out when the market opens. Not rushing into this one just yet but will be waiting for more confirmation during the first fews days to see how price action plays out. ...

eazywayout eazywayout EURCAD, 240, Long ,
EURCAD: EURCAD 4H
49 0 1
EURCAD, 240 Long
EURCAD 4H

So far the support area (Triple bottom) is being respected. Waiting for a cleaner break to the upside to enter..

eazywayout eazywayout EURCAD, D, Long ,
EURCAD: EURCAD DAILY
98 0 5
EURCAD, D Long
EURCAD DAILY

Triple bottom at a strong area of support which has not been broken since April of this year. I expect upside to take place & is also testing a daily 61.8 fibonacci level but is failing to break though. If support holds I expect price to rebound off support to the upside. Watch for potential break of support level / trend line if you are looking at this pair ...

Shwayze Shwayze BTCUSD, 60, Short ,
BTCUSD: BTCUSD - Playing the 'will it bounce' game again
286 0 3
BTCUSD, 60 Short
BTCUSD - Playing the 'will it bounce' game again

Third time hitting resistance level, volume is slowing down, and a triple bottom could occur here. A reversal will only happen IF the third bottom coincides with a breakout pattern from resistance. Most likely we will see resumption of trend, as this is a bearish flag. The bearish divergence appearing on our charts at the peak of BTC has led us here, so what ...

AltugOzturk AltugOzturk PRO STRATBTC, D, Long ,
STRATBTC: STRATBTC - Triple Bottom and Trend Reversal
488 0 13
STRATBTC, D Long
STRATBTC - Triple Bottom and Trend Reversal

All three circled area have hammer dojis and bullish control afterwards, this is a bottom reversal again. To be safe, buy when the first resistance breaks, and ride till second resistance/target. If you like a little fun, buy now and wait till second resistance/target. I am certainly very bullish for this one.

Hallowed Hallowed BTCUSD, D,
BTCUSD: 1D Correction thoughts
184 0 4
BTCUSD, D
1D Correction thoughts

Looking at the SQZMOM on BTCUSD I think we'll reach red soon. Will history repeat itself and reach a double bottom and continue up, or maybe go down for a triple bottom. Or will it just land somewhere in between? I think the price will go down to between the current price and 3600, if it passed 3500, it could go down to between 3500 and 2000. Let me know what ...

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