Diamond
⭕VETUSD : It did we predict again and..
Click the pic to read last post and detail.
It hesitated after hit TP1 and break out again now, so we modify SL to 0.1511.
Remember take some profit and give it more time !
✅TP1:0.1478
✅TP2:0.1606
✅TP3:0.1658
TP4:0.1714
TP5:0.1770
🔴🆕TP6 : 0.1950
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VETUSD : Multiple pattern in 1h !In 1h chart
There is a diamond top and a potential double bottom in the chart .
If price break out the diamond and stand firm above the neckline ,trading strategy as below .
*top wick shorter than 1/2 body
SL:0.1262
TP1:0.1478
TP2:0.1606
TP3:0.1658
TP4:0.1714
TP5:0.1770
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
NAS - Diamond Break .236 SupportPrice remains inside the Diamond's lower bound; Losing the 2 hour MBB with a bear back-test of the 8 EMA. Support was found in the premarket with double-bottom at the 5 min, LBB. The next support is below at the 2 hour LBB, a mark SPX found during the overnight session.
BEARISH DIAMOND ON THE 4HThe Euro had a bit of a rally on Friday however the United states dollar showed sudden pressure on the Euro mid day during US session. This sideways action has formed a clear bearish diamond on the 4H / 240 time frame. Im expecting EUR/USD will test lower support levels next week. The favorable support is 1.1500, we shall see next week but keep an eye on this textbook Diamond bearish reversal pattern.
This Is Not Financial Advice
ES1! - Inverse H&S Break Target .618 AchievedThe market feasted on the fuel from the iH&S break and has powered price to the Golden Section of the Pattern Break Target. Along the way a H&S was invalidated and a Diamond served as a continuation pattern to the upside. Big Tech continues to report as both MSFT and APPL have set up above support in sideways patterns.
SHIBA INU BULLISH??Hey guys what's good! So here I have my technical analysis on the crypto currency SHIBA INU . As you can see on the 4H chart it is clearly forming a bullish pennant/flag. For those of you unfamiliar with this pattern, it essentially is in a period of consolidation which rises higher and higher and will eventually break and rally upwards. It is squeezing more and more and I can see the breakout happening soon possibly next week. This would be a great buying opportunity to new investors as well as current ones to buy more tokens. My price prediction realistically can be anywhere from .000045 - .000075 after this rally. This is my personal view on the technical side, Diamond Paws baby XD COINBASE:SHIBUSD
The RSI indicator is also a factor in which I believe It is going to rise it is clearly below the 30 level. This paired with the overall analysis points toward a breakout of the bullish pennant.
BTC - Bull Flag in 3DClear channel for the flag as BTC's price compresses. A move, in either direction, should reflect the coiling-up with a break, back-test and go. A move to the downside has support at the 64.9-28.8K retracement fifty while a break of this larger Diamond has a look up to the Golden Pocket for a retest.