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Double Bottom

XRPUSDT Double-Bottom Breakout: $2.50 Target in Sight?The classic double‑bottom breakout appears to be unfolding between ~$2.06–2.10, confirmed when price broke above the neckline at ~$2.28. Traditional analysis suggests measuring the distance from the bottoms to the neckline, and projecting this upward, setting a breakout target near $2.50 Key Levels to Monitor Support zone: $2.06–2.10 — must hold above this area to keep the bullish structure intact Near-term resistance: $2.28 – recent neckline sit here Next resistance levels: $2.50, $2.65–2.70, and even $3.00 if momentum supports it Volume & Confirmation Confirmation of this breakout should come with increased volume. The current volume has been relatively subdued, indicating possible weakening momentum. A clean breakout above $2.28 accompanied by a volume spike and bullish candlestick (e.g., engulfing pattern) would solidify the breakout. Invalidation A drop below $2.06–2.10 would break the double‑bottom structure, opening the door to deeper support tests around $2.00 or even $1.70 Not financial advice.
Long
by alfredwhite
$UNI - $10 from here?Hi guys! 👋🏻 🔔I'll be trying this setup for Uniswap 🔔 We have bounced from the strong support at $4.80, which we retested in April 25 and May 7 forming a pattern impersonating a double bottom 🔔 With the current chart pattern and levels, I'll be expecting a jump with a target on $10. 🔔 Might drop to $5.70 before another move upwards. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
GEMINI:UNIUSDLong
by azizelliott
1
Can $AMC come back to life again? NYSE:AMC is showing some good TA on the weekly and daily chart. We are visiting lows from the past, which reminds me of when I played NYSE:AMC and it visited the COVID lows. On both the Weekly and Daily we have the MACD in GREEN, RSI crossing MA which the weekly is showing downtrend being broke. Daily chart Is almost or is right on the 8 day crossing the 21 day EMA. Daily is also breaking the downtrend of ~$4.40 along with breaking the 100 day SMA. Holding VWAP form the low of $2.45 on 4/4/2025. NYSE:AMC Price as of 5/15/2025: $2.81 Need to see continuation out of the downtrend with volume Break the resistance level of $2.81 - $2.85, which has the 100 Day SMA around the $2.83 that needs to be cleared. Then $2.90 - $3.00 and we'll follow the Fib Levels and mark support/resistance levels as we go. This could get spicy so buckle up knuckleheads! NYSE:AMC Daily NYSE:AMC Weekly
NYSE:AMCLong
by Tillbob
5
LONG ON GBP/CHFGBP/CHF Has a Perfect Double bottom pattern at a major demand area. Price has broken the neckline of the double top and is currently pulling back to sweep liquidity and balance out price at any FVG's (Fair Value Gaps) Liquidity sits behind the 2 wicks on the double bottom, so price may sweep that BEFORE rising. Must give you stop loss space behind the wicks to survive the trade. I have a buy limit order setup to take advantage of the pullback which will place me in the trade at discount price. From there im looking to catch 300 pips to the previous swing high.
Long
by BBIDF
4