BINANCE:ATOMBTC has clearly broken out of down trend and W Bottom pattern. Conquered main hurdle of EMA200 now testing EMAA300 (grey line). Volume is looking impressive with Ichi Tk Cross and kumo twist is taking action. Rsi is Bullish Macd is bullish while BINANCE:ATOMUSDT is already bullish .
Forming a W pattern has previously formed an M pattern if you have heard of this one before W pattern is simply the inverse looks good for long to reclaim trend line
Coming One or Two days may be reach 22235 Level.
Do your own analysis ... Dont Forget Moving StopLoss At Breakeven Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for...
Just thought it was an interesting formation for ATOM on both 1d and weekly time frame . But the formation will be cancelled for sure in case we see a huge dump in BTC again. What you guys think?
With this idea I wanna bring attention to a possible W pattern playing out in the Bitcoin chart. I am currently short from 6950$ and looking for a bounce around the 5500$ range. W patterns are very common in a Bitcoin bear market, as you can find them in: April '14 October '14 February '15 It's still too soon to say though, but if we go towards 5500$ I am...
Whatsup ALL , here is the full analysis for this EURAUD, let me know in the comment section below if you have any questions, .Keep this pair on your watch-list . I have Linked My previous EURAUD Analysis in the links Below! Conditions - 1. Wait for confirmation 2.Use Risk Management 3. Do your Own analysis Have a great week. See You in the next Video! *Dont...
just a prediction. also a zone on 4h around 348. weekly looked like a bear flag but seems like it held. we'll see.
Hi all, I don't know how I missed this. Possibility for a W pattern on GBPCAD! Have fun all!
...::: THIS IS A WEEKLY CHART !!! :::... XRP/USD is coming to the end of it's bearish run on the daily, but still within the triangle on the weekly chart. Price action is nearing completion of the Level 2 move (2-1, 2-2, 2-3), which will then start the Peak Formation Low (PFL) move which is a Level 3. No doubt, going by past market structure, manipulation will...
W' Pattern being formed creating a double bottom for lidiqty below. We have an open order, liqidity to capture and imbalance with a gap in the market to fill which gives me positive signs to the upside short term before we see a potential fall to the next open order below. As always...... PATIENCE - CONFIRMATION - ENTRY - PROFIT
This chart is pretty straight forward, but I'll annotate what I see happening. I've said this on many youtube videos, twitter post and on reddit that I'm noticing a very similar pattern from 2015 and now. Seeing how this is on a weekly time frame, this will require some patience to develop. www.reddit.com twitter.com 2015: Major Correction - 84% drop Bear...
Aggressive Bearish Movement! EMA indicating downtrend continuation. We may also have a W pattern being formed if the trend does die off but I don't believe it will due to the aggressive downtrend! We must be patient to see what the market does! If downtrend does continue, Wait for breakout, retest, and if rejection occurs - Sell! This setup seems more on the side...
The Price is forming a W pattern within the strong resistance so we are expecting to bounce back and continue a bearish trend MACD divergence is shown
After the accumulation phase in Asian session. Market broke through with aggressive candles to the south indicating that this short fake bear run will continue whether on the other hand we see a W shaped pattern in an up trend market. I am bullish atm.
The Australian Stock Market index is looking very bullish, due to the double top pattern forming on the lower timeframes. The higher timeframes also signify a rally, which sets the mood for this trading signal. I would wait to see how rice would react to the 61.50 level, which represents an institutional level, and was also tested previously Then an entry would be...