MID-TERM: Double bottom with classic bullish divergence on the daily. (not financial advice)
Well, possible good sign. BB test and BReak though 9.00? one can hope. whole market looking green. BB broke resistance at 8.46 can it touch or breakthrough 9? Is BB going to trade in the upper 8's now? I don't know this is a psuedoscience. Is BB a meme stock still?
After it's last breakout, #Nano retraced back towards the $10 where it found a nice support there, retested it again forming what we hope to be a double bottom, this double bottom won't be confirmed until we break out of the bullish flag pattern that has been formed while retracing. The volume here is still low, so need some more volume beside a candle close above...
SHORT trade analysis on GBPUSD . Graph is looking bearish from upper trendline to lower trendline and support zone . Chart is about to complete Double Top Formation . Price already completed Regular Bearish Divergence and will fall soon. Trade idea is also shown on RSI indicator. If you liked this idea or if you have your own opinion about it, feel...
The GBPUSD pair rose sharply today on the better-than-expected labour market numbers for April. Unemployment fell by 0.1 per cent while the number of people claiming benefits decreased by 15.1 thousand. The GBPUSD is trading just below the historic resistance level at 1.42430, which was last broken in April 2018. The sheer prominence of this level alone could at...
Ethereum may have just double bottomed causing a reversal that will finally break the 3565 support
ETHUSDT Atrium has a double-batter pattern that is perfect It is becoming and it is better to enter the horizontal line that I drew It can be broken upwards and then you can confirm it Make the ceiling of the triangle your first target
A double top pattern formed on the weekly chart of XAG/USD (Silver) and offers a trend reversal trading opportunity. The two tops are marked with the upper yellow line; the neckline is marked with the lower yellow line. My potential entry level is at the cyan line. My potential take-profit level is at the green line. Stop-loss can be set to the high of the...
Hoping anyone who saw my analysis yesterday was able to benefit off of it. Price came a bit lower than the 50% fib level but I just monitored price coming towards the 61.80% level and saw a bullish engulfing before getting in. Hopefully price reaches my target today. Might see a double top if price is rejected at 13430. Good luck to fellow traders today 🔥
Hello Bitcoiners, hope you doing very well these days! This 35% Bitcoin correction is not happening for the first time, did same thing in the past for several times (30% average correction) I think this is a healthy correction. BTCUSDT rejected the 0.618 fib level at 42k which was a resistant and seems to turn into a support now (Hope it holds) The 4h candle...
Please push **LIKE** to support idea , thanks 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 everyone. Only you can be responsible for...
Tesla is at a nice support area right now, and the risk-reward ratio is pretty good at this level. We see a double-bottom pattern in the 30 min, and a very strong RSI divergence. The 592 is the trigger for a good reversal ahead. In the 4h chart Tesla is very oversold, and if the 30 min triggers the reversal, Tesla has the 626 as its first target.Let's remember...
Short-term analysis As you can see near this strong support zone double bottom is forming and huge rise is expected after breaking that red trendline that is some kind of neckline too now . Targets and resistance ahead : A. 45300 B. 47000 C. 51000 D. 53300 Why strong support is here? take look at previous analysis that linked below . DISCLAIMER: ((trade...
RSI is oversold and looks like we've put in a double bottom, continue to watch for a reversal.
Hello Dear Traders, As Expected in last Idea, Btc dumped frm previous monthly low. As we know many factors involved in this btc sell off. Technically Btc chart was looking very weak frm 2 months. btc was facing major resistance at 60k level and btc went sideways for many weeks. btc gave opportunity to alts to grow further and we seen massive rally in alts. finally...
hello guys .this is my idea from crypto total market cap. this is not a financial advise
I really believe BTC can pass $200k by the end of the year (target 2). At the moment, despite the huge pump in the previous 24h (we are at $60.300) I still believe that in order to move up again we need to retrace at around $43.000 in the next 20-40 days. In all the previous new ATH, bitcoin has made a retracement between -22% and -29% and I think that we can...
Chart shows the possibility of the Double Bottom Pattern and it's target.