AMBA can be seen to be displaying many chart patterns including, channels both ascending and descending, ALOT of Horn Tops, a rounded bottom, and an Adam & Adam double bottom. Recently a downward trend break can be seen, forming a new upward trend. This may lead to new upsides. Potential long opportunity.
DANONE has formed a large rising wedge. Other patterns present include an ascending scallop, and a rounded bottom within the rising wedge.
OXY has formed a nice rounded bottom pattern. Has cleared the 50ma and would expect a move to the 200ma in the near term. Entry today was at $40.63 with a target intersection of the 200ma in the 46-46.50 range. Low risk entry with a stop at 39.20. The last 2 earnings dates have led to declines in price so would suggest exiting before earnings.
Bitcoin technicals are showing signs of short term bullishness. I switched long on the break of $7360. We have an uptrend, support on the EMAs and rounded bottoms everywhere. We also have a close above the 200 EMA on the 4H. We have not held above the 200 EMA since early November, except for a fakekout last week where we held it for about 24 hours. We have...
MBT has been stuck in a downtrend since 2006, a continuation of this downtrend is most likely. However rising MACD shows promise, it may be rejected as seen before (highlighted in blue box) Gaussian channel shows a possible rejection at the middle. Blue line shows a rounded bottom which is another bullish sign, however it looks particularly bearish in these...
Hi everyone, Welcome to another update on Bitcoin. All details are clear in the chart. Feel free to comment or ask questions. Cheers, Leb Crypto
Overly risky coin, but overly profitable. Coin only for temporary speculation, not for holding! The progenitor of the coin ANDOR (andr). The developers website says that they support the development of both coins. But according to the sad NXT schedule, this cannot be said. The coin is traded on top exchanges such as Polonix, Bitrex, HitBtc. The coin was pumped...
With XRP, think long term. 2 targets based on this analysis: 1- Re-test previous ATH around EOY 2020 (yes, that's one year from now). 2- $16 target at the 61.8% extension by March 2021. Cheers, Leb Crypto
First of all, if you indeed see this homewrecker of a formation as the cup and handle, bullish twisters, prosperity slim-jims, moon rounded bottom or any of these things ....please , dude get off 1-hour chart :)) you'll find loads of "bullish" double and triple bottoms on 5 and 15-minute charts ... >>>>Rounded bottom and C&H formations need a bit prolonged time...
Hi everyone, It's all in the chart. My theory is that there is a possibility that a repeat of the previous macro rounded bottom is happening right now. XRP technically is at the verge of massive upside; it is immiment, especially as BTC trends sideways and even downwards in the coming couple of months. A rounded bottom has a very clear target if and when it...
Time to update our DXY Chart. Rounded Bottom forming. Near Term Determining Fundamentals: Market's reaction to the FED's repo operations to balance the lack of USD liquidity. Friday's NFP. Once more: It's just a matter of time. Global Dollar Rally has not started yet! Potential Victims: XXXUSD, USDXXX, US INDICES, EM EQUITIES
Undervalued by DCF fair value=72, nice safety margin w/ Divi close to S&P avg divi yield.
Price is at an even $7000. 'Rounded Bottom' or 'Capitulation'. Let's see which way this goes! (Chart mainly for my reference)
What is up everyone! Hello to you all, thank you for stopping by. We have a nice little piece on ICX here to present. The subject of today's little discussion is "rounding bottom". We believe ICX is in fact in a larger rounding bottom and has a smaller rounding bottom within that is just breaking out! Who doesn't love a breakout! The large rounding bottom...
WABIBTC 1D timeframe I think that this is Rounded bottom pattern. If u measure in the middle from top to bottom u can use that as potential target, and target will be on the first line of fibb lvls (0.236) , around 15443.
Possible Choppy Rounded Bottom forming on the 1 Hour to support my Daily Bullish Analysis
Heres another coin that has similar short term price action. while the overall pattern is quite different the short term rounded bottom remains the same. Looking for a good pump on this one as well. Could name several others but dont want to spread myself to thin.