ETH.USDT (Y21.P3.E1).Diamond formationHi All,
Diamond formations are reversals and at times continuation patterns.
What do you think it is?
If you do your count on this structure, you will have your answer. ABCDE.
All the best,
S.SAri
Diamondpattern
Diamond Breakdown With TargetsI'm expecting a brief 25-30 percent correction before continued upside. Bearish Profit taking targets will be at around the $6.90 area with Stoplosses above $10.24
I expect that after GEL retraces back down to the $6.90-$6.40 Levels that it will continue it's uptrend:
For bullish Targets on GEL refer back to my original Bullish idea on the Related Ideas tab
BTC could be playing baseball with this diamondThis diamond pattern could be playing out in the short term for bitcoin! Keep an eye out for a breakout and possible retest! GOOD LUCK!
SPX - Bear Diamond Break ConfirmedNice recovery in the early AM as the .618 of the Blue Dashed Channel Held. Looking to break .786 resistance.
BTC Bearish Diamond Top Pattern Forming???Bearish Diamond Top Pattern possibly forming from ATH to test several support levels below.
It may be a good time to short and accumulate more.
The weekend is here and you know how it goes with Bitcoin! You just never know.
Have a good one!
Quick Daily Dow Decision DiamondWhile the interwoven diamond pattern is a strong bearish signal, it does not actually provide strong guidance as to the very local direction of the next miny-swing in the DJI.
It seems that we will either test that upper trendline once more (as would be consistent with the past year of whipsaws), or, we do not.
I have a strange feeling it will not and the red path displayed will set fourth the new Dow trend lower.
The difference is sort of semantic - but it does highlight the "rigging" type nature that markets exude during market "crashes."
-4-D Pig
DJCFD:DJI
GLOBALPRIME:US30
DJCFD:DJT
NASDAQ:NDX
SPCFD:SPX
BTC : Diamond on the horizonThis Diamond formation in H1 will likely surge the price violently weather up or down, bets are open I go long personnally.
Safe trade, don't bet like me and wait for breakout for confirmation.
Cheers !
$FETUSD - Diamond and Head and ShouldersHello everyone!
Another diamond pattern spotted here. This time for fetusd.
Short here or wait for a breakout from the dynamic support (pink).
BTC - H1 - DIAMOND PATTERN IN PROGRESSH1 : A very rare pattern (diamond) is in progress.
It could be to some extend assimilated at an Head and Shoulder pattern too.
Watch carefully price action over the coming hours and also watch price action
on M15 as clouds support zone is currently under attack
Nio - Working out of a Diamondsolid bull pressure out of the iH&S this morning. Turned over with the market, with purpose, as the bull flag failed.
$TWTUSD - Diamond and Head and ShouldersHello everyone!
Diamond pattern spotted on Trust Wallet token, be very cautious.
Short only if it closes below $68
Diamond pattern formed todayWaiting for breakout to see where this market is leading us, would help to smash 50k for sure, as well as dump nice and fast in the other direction.
DOGE Diamond ReversalHope you took advantage of Doge which I made a post back on January 9th.
I labeled this neutral as it will likely go up resulting in a bear trap. All of you out there quoting 10-14 cents be careful. I see this coming down to the 4.4 cent level, which would be a great place to step in for a good sized bounce.
It's been a fun ride but all good things come to an end. Best to look at other opportunities for now.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
Bullish Divergence at PCZ of Bullish Shark: Big Scalp Trade.Quick Scalp for GME at support right here we could see it make extreme retraces back up from here.
Bearish Diamond BreakdownI think GME will dump to 53 dollars based of the Measure Move of the bearish breakout.
Gold is likely to go up...As we can see from the chart image that appears, a diamond pattern has been formed which means that gold will bounce upwards.
Note: Like and comment if my idea is helpful and fits your analysis. Thank you.
ZILUSDT still consolidating below resistance... breakout soon?Posting about ZIL for 2 days in a row because I really like what's happening here.
Market is a bit confusing right now but wouldn't it be amazing if this pair broke out of consolidation off of this diamond pattern? :)
Not trading advice.
#SP500 - 4 Hour We have a diamond pattern on the SP hourly which could signal that its a "continuation" formation or a short-term top .
- Break below 3784 opens a short trade targeting 3754 then 3735 (counter trend)
- Above 3820-3830 opens futher upside to 3863 then 3881
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Possible Diamond pattern on EthereumHello!
Possible Ethereum diamond pattern here. Targets are marked.
RSI has already broke the resistance level like we can see from the chart. For now..
Let's hope Btc stays chill.
If do take trades use stop loss.
Otherwise you will get your ass burned!
-Jebu
Huge Weekly Diamond Top Formation On AMZN.Amazon has developed a Diamond pattern that's visible on the daily and weekly TFs Diamond patterns a neutral and can break out in either direction but looking at the price action AMZN has shown within the pattern gives me somewhat of a bearish bias as it looks toppy so I will be playing this to the short side I have the short setup plotted on the chart.
