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Bearishpattern

Is BITCOIN Feeling Jumpy or Dumpy????? After last night's drop BTC found good support at the S1 Pivot Point coinciding with the 100 EMA (orange Line). We are currently trying to re-test the 50 EMA (yellow line) but if we fail to rally above, we may continue down to our next support area of S2 Pivot Point, which is fairly close to what would be the target area of the head and shoulders breakdown (dotted black line) and the 200 EMA (red line). RSI trying to retest the 50 level once again. Currently in bearish territory. MACD still on a downward trajectory but histogram showing some small divergence which could be related to our current price bounce. Lots to discuss tonight during our deconstructing charts series and be sure to check last nights analysis on how we got to this level.
COINBASE:BTCUSDShort
by jnpTrends
Bearish Harmonic Pattern (Analysis on Nifty)Trade with the preferred levels, According to my analysis nifty will fall until its peak break two red lines are strong resistance level & two black lines are Potential reversal zone PRZ aggressive traders can enter now, with break of second red line with heavy volume as your stop loss adjust your position with the preferred levels with your risk management safe traders wait and enter in-between the PRZ with 13800 as stop loss or three consecutive 15 mins red candles makes perfect entry with last hour high as your stop loss Target 13200
NSE:NIFTYShort
by FMSmo
$LTC.X, Do you see a Bearish Triangle, or a Double Bottom?Hi Community, Still learning this fascinating world here! Question to you all: do you see a bearish triangle or a double bottom? What I see: Price touched support two times, and RSI is above 50 However, the triangle is quite evident at the bottom of a downtrend. I guess in these cases, you just have to wait and see, right? Comments and feedback are most welcome. Happy trading! ------------------------------------------------------ Needless to say, this is not financial advice!
by BitfulMind
2
XMR/USDT 90m (Binance Futures) Rising wedge forming#Monero went up after breaking out of the bullish flag and made a nice run, now seems a good time for a small retracement. I think it could go down to wedge support or even lower, back to parallel channel if breaks it. If does so fast enough, I believe we'd rather look for a bullish continuation afterwards! Current Price= 135.44 Buy Entry= 135.16 - 137.46 Take Profit= 133.23 | 129.77 | 127.04 Stop Loss= 139.39 Risk/Reward= 1:1 | 1:2.12 | 1:3.01 Expected Profit= +9.04% | +19.20% | +27.20% Possible Loss= -9.04% Fib. Retracement= 0.236 | 0.382 | 0.5 Margin Leverage= 4x Estimated Gain-time= 180h
Short
by TradingOn
FCPO - Bearish Reciprocal Head & ShoulderThe price of fcpo has been fall more than 300 points in the distribution event from the supply zone. The psychology level of 2800 has been breach as well & a reciprocal harmonic Head & Shoulder identified. We might witness some volatility of price action in 2700 level in the event of defending the neckline area. A violation of the neckline could potential bringing price landed to 2490 level supported with reciprocal AB=CD in the H&S structure.
MYX:FCPO1!Short
by FXCruZaDer82
XTZ/USDT 2h (Binance Futures) Rising wedge breakdownTezos just broke out to the downside, I was planning on shorting it earlier but I preferred to wait for it. Now the idea is to catch a pullback retesting that bearish pattern and follow the downtrend! Current Price= 2.169 Sell Entry= 2.192 - 2.242 Take Profit= 2.132 | 2.080 | 2.008 Stop Loss= 2.302 Risk/Reward= 1:1 | 1:1.61 | 1:2.46 Expected Profit= +15.32% | +24.72% | +37.72% Possible Loss= -15.32% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 4x Estimated Gain-time= 240h
Short
by TradingOn
4
How To Trade Bearish Pattern's like Professional🗒 Just browsing through my analysis means a lot to me. ➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied Always enter into deals when there are more than 5 reasons combined ----------------------- How To Trade Bearish Pattern's like Professional ------- 1 ) Descending Triangle What is Descending Triangle --------- This Triangle Contain 3 lower Higher & 3 - 2 Same level - and that mean there is Selling Pressure on this area -------- Target will be The Same Distance From B : C - IF This Area 200 PIP Target will be 200 PIP -- Stop loss Above Down Connected line B - D ------------------------------ 2 ) Symmetrical Triangle What is Symmetrical Triangle --------- This Triangle Contain 3 Higher low's & 3 - 2 lower high - and that mean there is buy'er & sell fight's in this area - and the winner who will break that Triangle Target will be The Same Distance From B : C - IF This Area 200 PIP Target will be 200 PIP -- Stop loss Above Down Trend line B - D ----------------- 3 ) Triple Top Pattern WHAT IS A TRIPLE TOP? ------------------- The triple top pattern entails Three high points within a market which signifies an impending bearish reversal signal. A measured decline in price will occur between the Three high points, showing some resistance at the price highs Stop loss Above Half Distance From Top to Nick line ---------------- 4 ) Head & Shoulder Pattern Target Same Distance From Head To Nick --------- If The Distance From Head To Nick is 200 PIP -- So Our Target will be 200 PIP ----------- And Stop loss Will be 32 % Of the 200 PIP Distance --- Or Will be above Down Trend That Connected From Head To Right Shoulder Line Stop loss Above Down Connected line From Head To Shoulder ----------------- 5 ) Up Channel Pattern Target Same Distance From Upper line To lower line ------------- IF The Distance From Upper line To lower line 200 PIP -- So Our Target will be 200 PIP ------ Stop loss will be 32 % of Our Target or near From middle line Of Broken Channel Stop loss Will be Above Broken Channel Lower Line / Near Fro Channel Middle line Risk : Reward 1 : 2 / 1 : 3 -------------- 6 ) Inverted Cup & Handle Pattern What is an ‘inverted cup and handle’? If you look at the regular cup and handle pattern, there is a distinct ‘u’ shape and downward handle, which is followed by a bullish continuation. This means the inverted cup and handle is the opposite of the regular cup and handle. Instead of a ‘u’ shape, it forms an ‘n’ shape, with the handle bending slightly upwards on the chart. Stop loss Will be Above Broken Support Near From Handle Sell Here ------- Risk : Reward 1 : 3 - Same Distance From Cup to nick -------------------------- 7) Bearish Flag Pattern The bear flag formation is ------------ underlined from an initial strong directional move down, followed by a consolidation channel in an upwards Target Will be same Distance From Upper line of flag to lower line Stop loss Above Flag middle line ( Channel ) Sell Here ------- Risk : Reward 1 : 3 -------------------- 8 ) Double Top Pattern WHAT IS A DOUBLE TOP? ------------------- The double top pattern entails two high points within a market which signifies an impending bearish reversal signal. A measured decline in price will occur between the two high points, showing some resistance at the price highs Stop loss Above Half Distance From Top to Nick line Sell Here ------- Risk : Reward 1 : 3 - 1 : 2 -------------------- 9 ) Bearish Rectangle Pattern 4.Bearish Rectangle ------------- The bearish rectangle pattern characterizes a pause in trend whereby price moves sideways between a parallel support and resistance zone. Stop loss Will be Above Broken Rectangle or Near to Middle line Sell Here ------- Risk : Reward 1 : 3 - 1 : 2 ----------------------------- Hope you Enjoy Guys with this content Tumps Up Please and Support me with like and Comment
BITSTAMP:BTCUSDEducation
by GentleGoldenEngine
247
BTC/USDT 4H (Binance Fut.) Rising wedge & midline channel retestBitcoin is facing strong resistance right now and is showing some clear bearish pattern. I'm expecting price to continue the downtrend towards channel support if doesn't break back upwards. Current Price= 9435.00 Sell Entry= 9400.00 - 9498.00 Take Profit= 9044.64 | 8706.24 | 8379.50 Stop Loss= 9612.50 Risk/Reward= 1:2.58 | 1:4.54 | 1:6.54 Expected Profit= 64.20% | 117.90% | 198.00% Possible Loss= -33.90% Fib. Retracement= 0.786 | 1.272 | 2 Margin Leverage= 15x Estimated Gain-time= 240h
Short
by TradingOn
2
BNB/USDT 8H (Binance Fut.) Rising wedge breakout & pullbackBinance Coin clearly broke-out this bearish pattern, now pulled-back is about to end, better prepare for downtrend. We've got that blue Trend Line that was broken last week acting as support, but a breakdown would trigger lots of sell orders. Sell Entry= 17.035 - 17.715 Take Profit= 15.445 | 13.807 | 11.025 Stop Loss= 19.306 Risk/Reward= 1:1 | 1:1.85 | 1:3.29 Expected Profit= 33.33% | 61.62% | 109.65% Possible Loss= -33.33% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 3x
Short
by TradingOn
ETH/USDT 12H (Binance Fut.) Double rising wedge about to endEthereum is at critical resistance here and I can see some bearish pattern forming. There is still some place to grow up a little bit before dump that's why I'm using low leverage and large entry range. Sell Entry= 193.62 - 200.00 Take Profit= 181.11 | 169.33 | 150.28 Stop Loss= 212.51 Risk/Reward= 1:1 | 1:1.75 | 1:2.96 Expected Profit= 23.94% | 41.88% | 70.92% Possible Loss= -23.94% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 3x
Short
by TradingOn
3
ASCENDING WEDGIEAscending Wedge Hey all! I hope everyone is having a great Friday! SUMMARY: Price continues to move up towards $9.3 USD before getting REJECTED AT THE 100SMA (4HR). This rejection will send us down to find support on the 61.8% FIB RT ($8776) where we will consolidate before making a HUGE move UP. ENTRY: SHORT $9195, TP1: $9K, TP2: $8.85, TP3: $8.785 It looks as if we’re heading towards the completion of an ASCENDING WEDGE as we have the upper resistance and lower support converging RIGHT AT THE NECKLINE (RED HORIZONTAL RAY) of the MACRO CUP AND HANDLE we’ve been forming since OCTOBER. Now.. Some things to consider: We are finding resistance on the MACRO 1:1 Gann Fan (highlighted in GREEN). We appear to be following this resistance line up. The estimated convergence of the support and resistance trend lines coincides with a 50% FIB RT line drawn from the $10.5K peek reached back on 13FEB. Breaking down off of this line makes sense as the 0.5 FIB RT is typically pretty strong S/R. VOLUME: We appear to remaining stagnant here without any signs of increasing BULL VOL, indicating we’re more likely to break lower. Slope of the VWAP is also looking more bearish than bullish. % BREAK DOWN is about 70% of the time BEARISH DIVERGENCE on the RSI - we are showing higher highs with lower highs on the RSI and STOCH RSI. The MACD is also looking bearish as the HISTOGRAMS are narrowing, however the SIGNAL line appears to have began to slope UP on this 4H TIME FRAME. 100SMA - At the apex of this ASCENDING WEDGE, REJECTION from this MA should be what initiates the MOVE DOWN. LOOKING AT SMALLER TF: We are showing similar signs from indicators. CHALKIN MF is decreasing, indicating a higher probability of breaking DOWN. VPVR - We look to have support at the coinciding with the 61.8% FIB RT ($8776) LARGER TF: 1D MACD SIGNAL appears to be heading towards a BULLISH CROSS, however we have BEARISH DIVERGENCE on the HISTOGRAM. However, MOMENTUM could be said to be shifting towards BULLISH, but this could be indicative of the move UP after we break DOWN of this BEARISH PATTERN. COMPLETION of this ASCENDING WEDGE and a break DOWN, will confirm the INVERSE HEAD AND SHOULDERS we are currently trending towards and could be the LEG UP WE NEED to BREAK THE NECKLINE OF THE CUP AND HANDLE. My play: Waiting for break below the bottom SUPPORT LINE -just in case we get an influx of RETAIL cash from say… SOUTH KOREA, INDIA, or FRANCE which COULD send flip this BEARISH expectation on its head. Following the completion of this pattern, I will be preparing to enter a LONG in anticipation of completing the INVERSE HEAD and SHOULDERS which should also give us the MOMENTUM we need to begin the BREAKOUT of the CUP AND HANDLE. Thank you for taking the time to check out my trade! Please comment below if you agree/disagree!
BITSTAMP:BTCUSDShort
by BitCapJNY
6