triplebottom

Hey all, CLOAK might be a good one to watch while BTC -0.34% is on it's way up. It is closely following BTC/USD movements currently so could be some nice gains here. Not to mention the rumours of it being listed on Binance this week which could take this to the moon. -Broke out of down trend (green) will still need to close above to confirm trade though. ...

ETHUSD update: Judging by the bigger picture, this market has not sold off as dramatically as the others. In fact, price has rejected the 872 to 739 support zone twice, leaving behind long wicks in both instances. Although this market can retest lower prices, it is in a relatively better position to rally. In this report I will highlight the possibilities both ...

Two possibilities we can see on the 15 min chart. 1. A triple bottom reverse pattern for the up side. OR 2. A descending triangle for a break further down. Open for comments & constructive criticism. Thanks

TRIG Entry point: 0.0001000-1060 Target 1: 0.0001100 Target 2: 0.0001250 Target 3: 0.0001500 Target 4: 0.0002000 Stop loss: 0.0000750 TRIG looking very nice, triple bottomed, now forming higher lows, bull wedge formed and breaking out - looks ready to make some serious moves.

So as of right now gold is respecting the trend and appears to be heading down to form our triple bottom. With this triple bottom we could see gold shoot out of the wedge and as we all know when gold takes off it takes off hard. I'm seeing it at least going to where our trend began with strong possibilities of shooting through. If it shoots through I will trailing ...

If you read my last TA, we did see the bounce over the weekend, but we didn't quite drop to the double bottom line (in red) before the bounce to the 121 level. On Monday morning the bears took over and sold us back down to the 112-114 level, and consolidation has resumed forming another bear flag. We've got some critical points of interest this week. If we drop ...

Using the 1 hr. charts, we may have an opportunity to trade LTC this weekend. Over the past week we saw a major bounce from a double bottom which was BELOW the downchannel (in pink). My guess is the double bottom was in part due to the Litepay fail on March 26 along with ensuing FUD..and of course BTC. After the bounce to 135 level, another drop to the lower ...

I think we will have reversal pattern "double bottom" or "triple bottom" and go to the next Fibonacci level

Here is a trade that can put us right into retirement. I really can't say much around here but what I can say that this looks good right now. And if I will to follow the book I'm currently reading (Encyclopedia of Chart Patterns), we can get at least 100% to as the falling wedge target and 130% for the triple bottom. Now, I am not the guy who will wait for the ...

Triple bottom spotted on GTO. The last time this happened it did a moonshot and increased by 150%. If this is true you will surely profit, though I should say that I am very skeptical to get that amount of profits specially in this bear market. So I will sell some at the 200 EMA instead. Leave some, and wait what will happen.

We have a possible triple bottom forming around the 8400 mark, with a bearish MACD cross happening as we speak iwe could fall through this support and head down to the next support around 7550. However, there is a small chance we could bounce off the triple bottom support and start a reversal pattern, as you can see BTC is very over sold at this point and we could ...

Possible triple bottoms for top of descending broadening wedge!

After a triple bottom to daily support, the bulls have taken over on this pair. Price closed below resistance, so I will be watching for a pullback to the fib regions for potential entry as we should see price make higher highs & lows now..

Watching for a daily closure above 109.400 .. Price made a triple bottom at key level support, & may be looking to start climbing back to the upside. Watching this one closely..

Weird looking inverted head and shoulders implying a test of the previous high, if neckline is broken. The more likely scenario is the lower target determined by measuring the triple bottom created, if one does not look at the long wick on silver. That's if silver breaks up another few % above this resistance to confirm the measured move into the new trading ...

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, ...

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.

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 ...