Amazon Stock Monthly Chart AnalysisAmazon #AMZN Stock from Nasdaq Monthly Chart Analysis %95 Accurate Trade Setup 🎯 Enjoy🎉 🎊 ( NOTE : The tips of the arrows indicate TP levels ! )
Double
Bitcoin Double Top FormationBTC is forming a double top after attempting to break above the 200WMA for the second time in ten days. Expecting the price to drop around 27% to 16,800 or so.
UNFI/USD DP ACTIONLOOKING FOR A DP ON UNFI/USD. LETS SEE If this one will pan out as a dp been watching for a while.
Scenario - Nasdaq, BTC, AltsAs there is still a large correlation between BTC and Nasdaq, we can hypothesize this scenario:
Double low for the Nasdaq, which sees an upward rebound before its achievement, at the same time BTC would also recover, fluctuating up to a threshold (approximately) of 45K and then creating a double low of 32K (January low). Also the Dominance has reached the 50% retracement level, I expect a descent of this, therefore, a flourishing period of the altcoins.
This analysis is a medium-term hypothesis, it will be explored in detail later.
DOUBLE BOTTOMInteresting double bottom completed, over a multi week base, indeed, volume surged at last week closing above accumulation area, minimum upside potential can dictate a 1.7 R/R.
DXY - Bearish divergenceRefer to chart. Already started dumping
very brief desc very brief descvery brief descvery brief descvery brief descvery brief descvery brief desc
USDJPY SHORTWe have a double top in play. We can expect price to eventually correct after having a nice rally sicne May 24th. Targets 2 and 3 are Fibonacci levels of the 61 and 88 levels. Targets 1 and 4 are fib extension levels. Wait for price confirmation before establishing any short positions.
LITUSDT created a M PatternThe price is creating an M pattern on the 4h timeframe after a double top on 1.2$.
On the daily timeframe the price bounced on the dynamic daily support.
How to approach it?
IF the price is going to have a rejection from the 0.5Fibonacci level, on the M neckline, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
AUDNZD LONG We are currently seeing a formation of a double bottom , if price breaks the threshold, then we can go long,
Witchcraft: Grand Finale UpdateSee Chart and Previous Idea. Can refine to more precise expectations from here, still just approximates. Near-term downside risk still to 362, but probability favors technical bounce from here which could trigger a squeeze... and if SPY wants to bounce exactly at the bottom of the expanding triangle I drew in, chances are it will continue to respect it 4 legs in.
I just used an If-then statement conditioned on leg (d) being realized at today's low and a gap fill to 389.75 occurring following FOMC. From there I populated most likely path to (e) via Elliot Wave mixed with Witchcraft. So, something like: 370.59 -> 389.75 -> 380.54 -> 411.55 -> 397.72 -> 429.67.... -> 385.15 ------> breakout of expanding triangle at 444.29 later on in 2022.
The pasted image of the 5min SPY chart is zoomed in at the price action, thus far around the visible span of this supermoon (closest orbit to earth will be tomorrow at 7:24pm.. FEDS be spookin'). It implies a local downtrend line was broken going into close, we still need to get back above the red downtrend line at the higher time frame around 379-380 to attempt first gap-fill. My gf sent me the screenshot of the moon thing and says we're going to moonwalk.. shes a witch. The (W) C above the pasted image, that stands for Witchcraft.
I hope I see you all on the moon by end of June, else pray for my soul.
Imperio,
HeWhoMustNotBeNamed
P.S. The big money doesn't know Occlumency
VETUSDT wants the Monthly support againThe price is creating a bear flag on 4 timeframes after the first pullback as I told you.
What's the next?
The price needs to hold the 4h support on 0.3$ after rejection on 0.5 Fibonacci level.
How to approach it?
IF the price is going to have a breakdown from the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Persistent is ready to Break Double Top Persistent is ready to break double top it can be sell because of double top and also trend of Persistent is down trend and double top target is Rs. 2514 and taeget of 1 is Rs. 3100 so it can be sell and my opinion is it can be sell and STOP LOSS is Rs.3798 And thank you to visiting this channel and pls like and follow me
TECHDARSHRESEARCHER and come here every time and pls comment below and have a good day bye bye.
Sell it your own risk.
Double Head and Shoulder Gold DailyMostly look like Double Head and Shoulder Gold Daily, once Right shoulder give confirmation we can go short
Double Bottom on 1hr/4hrDouble bottom setup appears on the 4hour chart as well as the 1hour chart. Cautious of a likely sell due to China lockdown slowing down economy. Be on the lookout!
AAPL NASDAQ Trending todayAAPL split is gaining momentum, strength, and clear trend as its ichimoku Cloud is showing. Pricing, tenkan sen and Kijun are clearing showing resistance and support respectively.
Pricing stay above the ichimoku cloud, which a strong indicator of a bullish uptrend. The double bottom and/or a want to be hull wants to reach its trade range on the right uptrend layer.
price should level up to the the double bottom trade range
www.tradingview.com
www.tradingview.com
ONEUSDT created a double Bottom! 👀The price got a bounce on the 1.272 Fibonacci ext on the daily timeframe and the price created a double bottom on this level on the daily support (0.117$)
On the 4 timeframe the price got a rejection from the weekly resistance around 0.13$
How to approach?
The price needs to grab liquidity and flip the 4h resistance on 1.125$ with volume and momentum, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
VLXUSDT is creating a double bottomthe price is creating a double bottom on the 0.19$ support after the price lost the weekly one.
How to approach?
The price needs to hold this support and get the liquidity for the next bullish impulse above the 0.20$ According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Nasdaq, $spy $qqq possibilites Hello! This is my range area for any more potential future leg ups or down for the overall market
ZRXUSDT createad a double bottom 🦐the price created a double bottom on the monthly support on 0.44$ after a ew rejections from the daily dynamic resistance.
On the 4h timeframe, the price is testing the daily resistance on 0.51 at 0.382 Fibonacci level, with nice volume.
How to Approach?
We are monitoring the price, we want to see a clear breakout from the daily resistance and retest it as new support in order to apply ourrules for a new long position.
Next resistance is 0.55$.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Bitcoin BTC double bottom triple bottomBITCOIN has a powerful triple bottom! We're about to cross over the 100 day w/ the 50 day and then up to the 200 day and after that I don't know where! The moon maybe? What's to hold anyone back from being a buyer right here? Surely every analyst out there can see this powerful pattern with their own eyes!
ETHBTC Looks Profitable FinallyETHBTC has set itself a double bottom which is a strong reversal signal. We have seen the breakout from the trendline with a successful test of the 50MA and the trendline itself. The 50MA has been rather troublesome of late for both BTC and ETH. Here we can see a clear indication that green days may be ahead for ETH and alts in general. Strong alts will likely do well. At the very least, alts that are destined to fall will likely see a lower high providing people exit liquidity for a rotation. You would do well to keep and eye on ETHBTC in the coming weeks. Let me know what you think!
Not financial advice. Do your own research.
USDJPY SHORT ENTRYThere are lot of possibilities that mark can consolidate a bit but current position of the market is at the weekly double top area - if week find some break out pattern in 1 hr time frame we can go for selling opportunities
DXY double top?Looking at the overall strength of the USD we can see a potential double top forming. This is a pivotal moment in the USD to see if we can continue the strength it has shown, or whether the tables are starting to turn.
