Bottom
EURCAD Long Set UPEURCAD forming a rounded bottom, setting up for continuation to the upside. Longer time frames show a cup and a candle trade
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STMXUSDT creates two rounded bottom 🦐STMXUSDT creates two rounded bottoms and the price wants to test a daily resistance.
IF the price will break the daily resistance According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
VETUSD - very BULLISH long off possible corrective bounceSince my last trade idea became invalidated on VET due to a longer corrective wave than expected we finally touched major resistance off 0.01 resistance and bounced. Also bounced from double bottom neckline.
VET is showing strong signs of staying alive and keep in mind VET has risen almost 600% (look at my first call on VET) and we are still ABOVE yearly CAM S4.
Keep an eye on 0.015 levels, we could have one more shakeout and a re-test to 0.01. I'll post another idea if price hits 0.019 to see if our past target of 0.044 is still possible.
Short term TP levels are 0.0155 - 0.0.19.
Remember trade what you see and not what you think. Always look at price action and if you don't feel comfortable get out.
NOT a financial advisor, trade at your own risk.
TCTBTC is creating rounded support 🦐After a huge Bullrun, TCTBTC is creating rounded support on 4h chart.
Now the price is testing the first 4h resistance, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
LINKUSD - looking very BULLISH with possible bottom in placeDuring the past months LINK experienced something called a blue sky breakout. The drop from last month was expected as traders need to create new supports/resistances to trade out of (look at TESLA for example). As seen from the chart, it is showing very strong signs of recovery and a bottom from monthly trend-line.
Watch price action at current levels, if it breaks, we may experience another shake out. Keep an eye on 15$ (if it reaches it) to a possible rise back to 20$.
TP levels 15-20$
Remember trade what you see and not what you think, being emotionally invested in anything is not a good idea.
Not a financial advisor, trade at your own risk.
SPX potential double bottomThere is finally some buying volume coming through, but too early to call anything. It is technically a lower high, but reached the wicks of the previous low and rebounded with good volume.
Definitely wait for confirmation before going long because it is also going through a Bollinger Squeeze and has bounced off the MAs.
Bitcoin Bottom is in?This COULD be the bottom IF:
1) We see bullish volume coming into the market
2) We hold the lower yellow dotted line
3) We make a higher-high as indicated on the chart
If we fall below the dotted line, my first target is the 1.618 FIB Extension
and the RED box area. This area would be our last line of support before
taking a very serious dive down into the 8000's.
Did we Find a new Bottom on the XRP daily charts???After sitting on the same support line for 5 days after the large price drop XRP seems to be now breaking out to the upside. I wonder if we have found a new local bottom or if we are just getting a reprieve before a bigger dump? Your thoughts???
For Funsies LTCEh why not nothing to prove so a little wyckoff prediction Could it really hit into single digits? meehhhh Long then short than long then short THAN LOOONNGGG lol
US DOLLAR MAJOR BOTTOM MOVE TO A 90 % NET LONG US $ MARKET A decline has been ended in the correction of the us $ a major low is in place moving to a net long us $ and all us and world stock market nearing the protection target of 3618 and cycle peak was due aug 25 /9187 high to sept 10 focus on sept 4 1929 high three spirals in time and two wd gann date move to a net 100 cash look for a last rally or and abc rally to fall short on most index
elrond h&serd has had a decent pull back since it hit all time highs and now it looks to forming an inverse head and shoulders we should have a breakout @ 0.00000167 if you miss the breakout chances are we will re-test the breakout point then start the climb higher
A rounded formation TOTAL2Rounded formation
These can turn very bullish once completed
Short term it looks bearish, however this is good in the long run.
Giant Bullflag
Strange times
Maybe the price is at the bottomMy idea:
we can clearly see that bottoms are in the red rectangle. currently the price is in the red rectangle. That's why I think the price is at the bottom.
Harmony (ONE) 450% Profit PotentialHallo Everyone, One is looking bullish right know, i use positioning trading strategy with 1 week timeframe in this analysis
There are supports that push the pair higher :
1. Dynamic support using red curve line
2. Volume Profile
3. EMA 13 and 34
If it reach target FIBO 0.786 then Rounded Bottom Pattern confirm and it will go higher more
In additional, Squeeze momentum indicator showed that the pair still in squeeze release bullish phase, it can strenghten the bullish of the pair
I hope you enjoy the analysis 😁😁😁
See my other positioning trading strategy analysis :
Reliance made new Higer LowReliance made new Higher Low, could this be reversal towards New Higher highs ?
EUR/CHF: Sideway Movement We Need Break To Decide Our DirectionThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AMPLBTC. Is the bottom in? Falling Wedge..AMPLBTC1H. Developed a falling wedge to what may be the bottom? Difficult to really determine as it's a new coin. I've added a bit to my portfolio here.
DPharma - Formation of Cup & Handle PatternThis is DPharma H1 Timeframe Chart, the price is supported by the 50EMA.
It created a "Rounded Bottom" or "Cup & Handle" Pattern
It is a bullish continous pattern, If breakout, It may shoot up to 3.90 level.
Today it creat a Flagpole Pattern in the end of the trading day.
LTCBTC attempting the break 🦐LTCBTC has found a bottom over the daily structure.
Market has attempt twice to break above the range but so far has been rejected.
IF the market will mange to break and close over the structure we can set a nice long order according with our strategy.
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
A Rounding bottom comingAfter 12 months we can now draw a Rounding bottom pattern and, in all likelihood, we can expect it to be close to completion.
Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
So to follow this turnaround pattern could be a good trade.
Best of Luck.
DXY ready for a buy?TF: 12 Hr
DXY looks pretty overold and likely needs a correction. Bullish divergence can be seen developing on the 12 hr for the RSI and slightly on the MACD. Price is also near another significant low which may produce a double bottom, which would be another bullish reversal confirmation.
Let me know what your idea is for DXY below.
See my previous DXY analysis here:
