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Double Top or Bottom

DOGEUSD Bulish Outlook!It seems I've overlooked the robust support for this pair; it made a beautiful bounce but didn't retest the respected structure. However, I wouldn't be surprised if it attempts to do so again before turning bullish. I'm anticipating a range of 0.35 to 0.37 before we identify a strong resistance area. I want to clarify that I'm not sharing this information as trading signals or entry points. I typically don't provide trading signals for either crypto or forex, although I may consider it in the future.
COINBASE:DOGEUSDLong
by sirkamal
APEUSDT: Can Bulls Defend This Key Zone?Yello, Paradisers! Could APEUSDT’s Next Move Shock Traders? Here’s What to Watch! 💎APEUSDT has grabbed attention after completing a healthy retracement and taking out the inducement. But is this setup ready to explode into a bullish rally, or could deeper corrections be on the horizon? Let’s break it down step by step: 💎If APEUSDT forms a classic W-pattern or an inverse head and shoulders on the lower timeframes—and breaks above the resistance trendline—this could signal the start of a strong bullish move. These are high-probability setups that often precede a rally, so keep them on your radar. 💎In case of further retracement or panic selling, the strong support zone below could act as a critical bounce level. However, for this scenario to materialize, a W-pattern or inverse head and shoulders at this zone is essential to confirm bullish intent. Without these formations, the bounce may lack strength or fail entirely. 💎If the price breaks down and closes candle below the strong support zone, it would invalidate the bullish thesis entirely. At that point, stepping back and waiting for new price action setups will be the smarter play. Chasing trades in this kind of breakdown could lead to unnecessary losses—patience always pays off in the long run. Paradisers, this is where discipline separates winners from the rest. 🎖 Watch for those key patterns and stick to confirmed setups. Chasing the market without proper signals is a recipe for disaster. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
10
AVAXUSDT: Short Opportunities On the Horizon!AVAXUSDT: Short Opportunities On the Horizon! 🔻 Here’s the game plan: Blue Line: A solid target for short positions. Red Box: A promising zone to look for new shorts. Use your confirmation tools—CDV, volume profile, and LTF structure breaks—to ensure precision in your trades. Let’s capitalize on these setups! Boost, comment, and follow for more winning ideas! 🚀 Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves. Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions. Here are some of my recent analyses. Each one highlights key opportunities: 🚀 GMTUSDT: %35 FAST REJECTION FROM THE RED BOX 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely This list? It’s just a small piece of what I’ve been working on. There’s so much more. Go check my profile, see the results for yourself. My goal is simple: provide value and help you win. If you’ve got questions, I’ve got answers. Let’s get to work!
Short
by UmutTrades
2
Is Double top forming on "Weekly" Chart?Hope everyone had a nice weekend! We are currently on the second peak on the weekly chart. I will predict there would be NO too much fluctuation on the first half of the week. Until the FOMC on this Thur, we could see if gold will further breakout to a ATH or dump to the neckline to form a double top. So, I would suggest to trade as below. Aggressive - Trade between the range "2735 and 2790" because there is still not yet very bearish in the smaller timeframe. Conservative - Trade between the range "2693 and 2790" as 2693 would be a quite strong support and it is also Fibo 0.618, so most probably we could see a reversal. Defensive - Trade after FOMC.
PEPPERSTONE:XAUUSD
by Eddie_LCM
Is SUSHIUSDT About to Bounce or Break? Yello, Paradisers! SUSHIUSDT is setting up an intriguing scenario after reacting to a key resistance trendline. Let’s break this down: 💎If SUSHIUSDT shows a bullish I-CHoCH (Internal Change of Character) from the key support zone—previously a resistance level—it could signal a higher probability of a bounce. However, patience is key here; we need to wait for confirmation of a bullish I-CHoCH on lower timeframes to take action. 💎On the flip side, if the price experiences further drops or shows signs of panic selling, the best approach would be to wait for it to reach a stronger support zone. At that point, we’d need to look for bullish patterns such as A W formation or An Inverse Head and Shoulders on lower timeframes to stack the odds in our favor. 💎If the price breaks down and closes a candle below the strong support zone, it will invalidate the bullish thesis entirely. In that case, it’s smarter to wait for a clearer structure to develop before considering any entries. 🎖 Remember, Paradisers, disciplined trading is the only way to achieve long-term success. Avoid impulsive decisions and always prioritize confirmation over speculation. The market rewards patience and preparation—stay sharp, stay focused. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
NVDA Topping PatternUnlike the previous call, I made in NVDA that was corrective. This double-top pattern is signaling a reversal pattern. From a trading perspective, this is a great risk/reward setup that is relatively simple. A CRACK! here will likely lead to at least the right side filling, with the potential deeper pullback (reversal) If on the other hand, it pops above recent highs then no trade or an easy stop out. As you all know I don't do targets, I think they are silly and only used to pretend one has such insight not only can they call the move but also a "target" too. Yeah well, I'll leave that to the "experts" ;) Bulls don't be a dick for tick. Shorts take some early profits to improve cost basis but let this one ride!
NASDAQ:NVDAShort
by RealMacro
6
"BTC/USD Double Top Breakdown: Targeting Key Support at 92,000"This chart for BTC/USD highlights the following key points: 1. **Double Top Formation**: - A clear double top pattern is visible around the 108,000 resistance zone. - This is a bearish reversal signal, indicating a potential move downward. 2. **Break of Trendline Support**: - The price has broken below the ascending trendline, further confirming bearish momentum. 3. **Price Targets**: - The next major support zone appears to be around 92,000–88,000, which aligns with the highlighted horizontal demand area. 4. **Bearish Volume Profile**: - Significant selling volume is noted after the rejection from the resistance zone, reinforcing the downside bias. Summary: BTC/USD is showing strong bearish signals after failing at the 108,000 resistance and forming a double top. The break of the trendline suggests a continuation to the downside, with a target around 92,000–88,000. Traders should watch for retests of the broken support or confirmation of further downside momentum.
BITSTAMP:BTCUSDShort
by TRADE_CENTER_1
BTCUSD Weekly Double TopsAs I analyse CRYPTOCAP:BTC - it is now at a crossroads. If in the upcoming week the price doesn't go up, it can possibly be bearish. However, we have a strong support around $92-93k, and if that's broken, we have to be careful. Notice how it looks like a double top on the weekly - the second wick is manipulation before distribution. Trust me, Im bullish on BTC, but I will be taking some profits and monitor the price closely. Trade well, and stay safe!
COINBASE:BTCUSD
by solfury
1
NVE Corp Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # NVE Corp Stock Quote - Double Formation * 85.00 USD | Area Of Value | Subdivision 1 * No Trade)) | Pattern Reversal Invalid | Subdivision 2 - Triple Formation * (Consolidation Argument)) At 90.00 USD * ABC Flat Wave Count | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:NVEC
by TradePolitics
EUR/GBP: PAT + VPA 11/2/2024Good morning, I will be closely observing the EUR/GBP currency pair on a daily basis, as I expect a bullish pullback or reversal to materialize in the forthcoming weeks. - 1W / Weekly Analysis: The market has recently dipped to a low of 0.839, with current support established at 0.832. The price has tested the 0.832 level multiple times without breaching it, suggesting a diminished appetite for selling at this juncture. Additionally, the presence of significant wicks accompanied by relatively smaller bodies may indicate a potential selling climax. - 1D / Daily Analysis: The daily time frame reveals the formation of a double bottom pattern at the weekly support level of 0.0832. Presently, the price is retesting the recent swing high of 0.84, which represents the latest peak. The price has demonstrated its capacity to remain above the 0.84 threshold, and I anticipate a continued upward movement towards 0.846 in the upcoming weeks. OANDA:EURGBP XETR:DAX TVC:BXY ThePipAssassin
Long
by ThePipAssassin
1