EURCHF reached a key daily horizontal resistance. The pair looks overbought and as a confirmation of that I spotted a double top formation on an hourly time frame. I shorted the pair on a retest of a broken neckline. Target - 0.958 ❤️Please, support my work with like, thank you!❤️
Hey guys! This is a swing trade so it means, you go in and get out fast! So, after ORDI has gone through a beautiful uptrend. We can see it started to retrace and what happened was that it created a double bottom which oftentimes leads to a bullish continuation. We've got a confirmation of the bullish side as the double bottom got broken upwards and also got...
✅ Render(RNDR) is one of my favorite cryptocurrency projects . 🚀Earlier, when it was $0.45 , I shared a post with you that until now, RNDR has increased over 😱 ➕1500% 😱. 🏃♂️ RNDR is currently moving near 🟡 Potential Reversal Zone(PRZ)($9.24_$8.28) 🟡. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect RNDR to form an...
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,...
OANDA:NZDCAD Weekly and Daily timeframes are bullish. Price on the daily made a pullback/retest to the Daily Area of Interest/ key support area @ around 0.82446. Entry is based on the bullish engulfing candlestick of the double bottom reversal pattern formed on the 4h @ 0.82446 daily key support
As we can see the double bottom formation around the strong area of interest so we can look for buying opportunities after some sort of bullish confirmation.
Inside the bullish ascending triangle, liquidity was taken out with equal lows deviation. Subsequently, an impulse was obtained. Expecting deviation from the top. Previously, three times the upper level of the formation was tested, so there is already a probability of consolidating above the upper level and reaching its target.
Similar pattern setting up. Long Thesis: - Double bottom out of a broken downtrend - HIGH SHORT FLOAT: 38% - Market near all-time high Could see a pop ahead of earnings, OR earnings could be the catalyst needed to turn this thing around. Market near ATH, plus high short float could see a nice short squeeze and rally. Don't like the long-term downtrend, ton...
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...
Market believes we are out of the woods, and have achieved a soft landing. This time is not different. This a Fed Relief Rally, which will come to an end sooner than later. (End Q1 - Q2 2024). Charted out a couple of potential paths and turning dates. When everyone is in agreement, typically what you find is something very different happens instead.
Bandhan Bank price is at long support trend line. It has made a double bottom kind of a chart pattern with divergences on daily time frame. It looks like a EDT kind of structure on monthly time frame. one can take long position at Rs 199 with a stop loss of Rs 193 & target of around Rs 250.
There are two patterns appearing on Audio, one being the double bottom and off to the right you can see a cup and handle forming. We are hoping for a retest of the top on the cup and handle pattern as this will give us a much better entry. If we are able to get the retest the target for the cup and handle breaks us out of the double bottom pattern and may give...
It's a scaling solution. It has a big gaming component. It's a low cap. all the ingredients necessary for the possibility of delivering outsize gains.. Let's get to the halfway point and assess the likelihood there.
Following the US cash open, we can see precious metals have been broadly bid today. The price of spot gold (XAU/USD) and spot silver (XAG/USD) are +1.7% and +2.8% higher, respectively, at the time of writing. Despite UST yields advancing and the Dollar Index offering very little, both gold and silver are outperforming! Resistance is limited on gold, paving the...
Two potential channels here to consider on this double bottom breakout on BONKUSD (of which its possible for both to be valid). We will see soon enough if both targets get hit. Based on the current overall bull cycle I’d say probability is high they are both hit *not financial advice*
Hi. BINANCE:BTCUSDT Today, I want to analyze BTC for you in a weekly time frame so that we can have a mid-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). We have a Bullish Structure here BTC formed a rounding bottom on weekly timeframe🤔 Up we go if we do breakout ✅...
In this chart we can spot Double bottoms on 4h chart. we can expect a decent target to be fulfilled. we take entry after break of neckline.