DOGE broke out of a weekly wedge that targets 94 cents. Logarithmically, 94 cents is quite near its previous ATH. This could suggest it's headed towards a double-top with a slightly higher high just under or just above 1 dollar.
Hi Traders ! Yesterday, The Dow Jones Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! So, I Expect a Bearish Move📉 ------------- TARGET: 38355.00🎯
We could still see a monthly wick up to an area between 82.5k and 100k, drawing bulls in, prior to the March candle close, giving confirmation of new ATHs, suggesting a prolonged bull run. The monthly candle for February still closed at the exact same high as the October and November 2021 monthly candle close and open. If the March candle closes below ~61350,...
MSTR is seen as somewhat of a BTC trust given its BTC holdings, however, over the last few years we've seen MSTR engaging in the obsessive dilution of its shareholders and in recent days it was announced that they would further dilute shareholders in order to buy more BTC at the highs. I see this as being totally against the deflationary limited supply spirit of...
Price formed a daily double top, so I'm waiting for price to break H4 support to continue bearish.
Hello TradingView Family / Fellow Traders, On Daily: Left Chart GOLD has been bullish trading within the flat channel in blue and it is currently hovering around the upper bound. On M30: Right Chart 📈 For the bears to take over, we need a momentum candle close below the last major low highlighted in gray. 📉 Meanwhile, XAUUSD would be bullish short-term and can...
Hello Traders ! On The Daily Time Frame, The USDCHF Reached a Resistance Level. Currently, We Have 2 Scenarios: Bullish Scenario📈 If The Price Breaks and Closes Above The Resistance Level, We Will See a Bullish Move... TARGET: 0.90130🎯 Bearish Scenario📉 If The Market Breaks The Neckline (0.87860 - 0.87426) and Closes Below That, We Will See a Bearish...
Is CADJPY exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 108. What you guys think of it?
Following a contracting triangle breakout today, NIFTY zoomed up with a fair amount of pull backs which denote more than just a regular retracement. Over a larger time frame, one can observe NIFTY ultimately forming lower highs since it made the last all time high. Today, near the closing bell NIFTY made a double top and slipped down from what one would consider a...
Is NZDJPY exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 91.500. What you guys think of it?
#SC/USDT Analysis Description --------------------------------------------------------------- + SC is currently moving towards the support line, if the it goes in this direction i'm expecting a nice double top pattern which is more bearish for SC. + I'm expecting this trend to continue and hit the next support before consolidating. + I'm not waiting for double...
Hello Traders ! On Tuesday 13 Feb, The AUDNZD Reached a Resistance Level (1.06912 - 1.07016). The Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! So, I Expect a Bearish Move📉 ------------- TARGET: 1.06075🎯
In this post, a double top pattern could materialize on the price movement of BINANCE:SOLUSDT on an intraday perspective. Upcoming full chart breakdown on the idea threads below. Happy trading to everyone!
The chart paired with the news makes me believe price may break down further.
Previously, The AUDCAD Formed a Bearish Double TOP Pattern. Currently, The Price Broke The Support Level (0.87950 - 0.87662). So, I Predict a Bearish Move. ------- TARGET: 0.86880🎯
We expect further downside on this pair, signalled by the stoploss hunt at the high of the current month. We can also see a formation of a double top pattern which further supports our directional basis.
Bitcoin's current rally to 48.000 USDT shows how resilient and optimistic the buyers are. However the most recent 'correction' we had to around 38.000 USDT did not even tough the 0.382 Fib line. Which in my book should be at least the minimum level to take a breather (and a reset for the RSI in the demand zone). Only after that I can see Bitcoin easily go higher....
Hello Traders ! Yesterday, The GBPUSD Reached a Strong Resistance Level. The Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! So, I Predict a Bearish Move📉 ------------- TARGET: 1.25500🎯