Get started

Chart-analysis

Bitcoin Triple Bottom ATTENTIONBitcoin Daily, Triple bottom pattern. How does it work? The triple bottom pattern consists of three acute lows at around the same price levels. The pattern typically takes almost 4 months to develop. It is one of the longer patterns to develop. The triple bottom is a reversal pattern. This means it is important to the quality of the structure that it starts with a downward trend. If we take a look, it actually did take more than 4 months indeed. I'm midterm bullish on bitcoin, and decided to share this scenario with you. This scenario will get cancelled if we break below our lowest low. Enjoy!
Long
by AltSh
First bounce with valid RSI support First, this is not entirely my idea. Someone posted it in chat, and then deleted it immediately and then I couldn't find them or their chart. But I saw it long enough to get the picture. The 3 bounces prior to this one since $17.8, have all crossed over above 30 on the RSI, on the 4 hour. Generally those aren't oversold enough conditions to make significant impact. This one is different however, as you can see it crossed below the 30, and that's a bullish signal. Couple that with the double bottom and it makes for a compelling case for a strong rally to the upside. In any case, I'm staying cautious, leaning a bit bullish. Will place some longs if we can get clean above $21,500. But they will be tightly controlled as things are tricky to read right now. There are other indicators working against BTC too of course. Zoomed in, the chart actually shows a triple bottom forming on the 15m, which is like a double bottom, but more specifically a reversal signal. Regardless of all of this, the chart zoomed out, at a glance, looks quite sketchy, IMO, but I still think we go to low $22k.
Long
by D-Rock_Anomaly
2
BTCUSDT what is next ? Hello Trader What appears that the sellers are very strong, especially after announcing the inflation rate, which was negative in most of the markets, is no longer negative for us. The first scenario and what it shows is that we got an ABC wave almost represented by the green arrow, we need to see a 100 percent bounce within the corrective range with the yellow balloon and we get On a correction and a break in the range I represented in the black, and this, will be our investment rise. The second scenario: If Bitcoin returns like what I represented in the brown stock, it will rise to 32 levels only, and then descend after that, and we remain in the idea of ​​a major correction for a final decline. The last scenario is that there is more decline and what we need is a correction It appears like what you represented with the red arrow, then it broke the range, and this would confirm us to go down to break 26 thousand levels. <>
by RabieLaaouad
$GOLD Safe Haven? or Pipe Dream?GOLD as valued as it is may not be the safe haven asset people would have you believe. While it has been a runner in the past due to economic downturn, There are rare market events that come around swiftly and without warning that drag all assets down. The wealth transfer/changing of the guard. One such even was the great depression. Considering the deepening economic crisis and the ongoing devaluation of the dollar, GOLD will likely collapse to lows it hasn't seen in many decades as America has one of the worst Deflationary periods in it's history. As people seek to possess gold and refuse to exchange it for worthless dollars, they will turn to physical commodities of all sorts for barter and trade such as coffee, weed, and other priceless goods.
TVC:GOLDShort
by Midgar-
$DIS Searching for Demand - Long Opportunites on DeckDIS is currently trading below its first major demand level and into the Market Discount Zone. Long positions can be built here but expect a possible return to the origin of the march move between 70 and 90 dollars at the next Major Demand area Down. Remember building a responsible long position in the market means buying time if you are in options or allowing sufficient time to pass while accumulating for any reasonable opportunities to play out. The market wont be a casino forever, and will eventually return to the slow and boring long crawl we are all used to.
NYSE:DISLong
by Midgar-
$FB Long off Monthly DemandAs is with most stocks right now, FB is returning to the former breakout area from march. The market does this time and time again. This area is called Demand. The first time back to Demand typically results in a nice rocket ride. While the high time frame demand zone is the most ideal place for a long, It is also possible that FB bounces from this area which is the market maker discount zone. If they want a deeper discount they will visit the equal lows indicated by the pivot markers or somewhere nearby in the demand zone before taking off.
NASDAQ:METALong
by Midgar-