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Double Top or Bottom

MoonWell - similar bottom and bull flag, breakout = 40%+ profitLadies and gentlemen, we have a bullish reversal pattern forming on the six hour chart for Moonwell, happening inside a larger bull flag on the daily chart. It is currently printing a little flag following a similar price bottom bounce, which may end up being the second portion of a small Adam and Eve reversal. A conservative position stands to make at least 40% profit, selling at $0.057. COINBASE:WELLUSD -Contingent upon breakout of the flag on the six hour chart-
COINBASE:WELLUSDLong
by Hollywood260AB
BTC | W-BOTTOM Pattern Continuation - UPDATEA quick continuation on yesterday's BTC update, with regards to the bullish W bottom pattern that likely takes us into the new ATH. There are a few conditions that need to be met in order to "secure" the W pattern, but we're currently not seeing these conditions met. The good news, is that it's beginning to look more like a cup an handle pattern, also a bullish pattern. This daily lose and especially the weekly close is going to be a KEY candle close to watch. ___________________ BINANCE:BTCUSDT
Long
by CryptoCheck-
2
XAU/USD $$$ Well, after forming a new ATH, gold made a correction and made a new high on the 15-minute time frame. At this moment, all the time frames on the gold chart are bullish and we should only think about buying. There are 3 scenarios Scenario 1: We enter a buy trade after the confirmation of the lower time frame in this 15-minute area Scenario 2: We enter a buy trade after attracting liquidity with a confirmation of the 5-minute area Scenario 4: We enter a buy trade after the price reaches the 4-hour area. (The probability of scenario 4 is low) Because the uptrend is very strong
OANDA:XAUUSDLong
by aryaaparsii
CELRUSDT: Massive Move Incoming? Key Support Holding Strong! Yello, Paradisers! Is CELRUSDT gearing up for a major bounce, or is another leg down coming? Let’s break it down. 💎CELRUSDT has retraced to a key support zone, showing a healthy pullback. The price action has formed a falling wedge pattern, which is typically a bullish reversal setup. The probability of a bounce from this level is high, but to confirm a stronger move, we need additional bullish signals—such as an I-CHoCH (Internal Change of Character), a W pattern, or an inverse head and shoulders on lower timeframes. 💎Right now, the price is attempting to break out of the falling wedge, but we need to see an increase in volume to confirm a proper breakout. A weak breakout without volume could lead to a fakeout, so patience is key. 💎If CELRUSDT drops further, especially in a panic-selling scenario, we can expect a bounce from the stronger support zone below. However, just like in the current setup, we will need clear bullish confirmation—such as an I-CHoCH or bullish patterns on lower timeframes—to increase the probability of a reversal. 💎If the price breaks down and closes candle below the strong support zone, it will invalidate our bullish setup. In that case, waiting for a more favorable price action setup will be the best strategy before looking for long entries. 🎖 The market is full of traps, and patience is what separates the winners from the losers. Wait for confirmation, follow the strategy, and never trade based on emotions. Play it smart, Paradisers! Stay disciplined and trade like a PRO. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
16
BTC | EXCITING PATTERN | Bullish Pattern in the DailyBTC has formed an interesting pattern in the daily timeframe. The W-Bottom pattern is a bullish pattern that shows up on the daily timeframe usually when the price is about to go higher. This can be considered as a bullish pattern or even a fractal, if we look at previous price action with the same pattern. This is likely the impulse that leads to a new BTC ATH as well as a new ETH and SOL all time high, which we are still waiting for: __________________ BINANCE:BTCUSDT
Long
by CryptoCheck-
2
We’re Getting Close to Altcoin Season | Pattern from 2021CRYPTOCAP:BTC.D is showing a pattern eerily similar to what we saw in 2021. Here’s how it played out back in 2021: Stage 1: After the 2017 alt season, we saw a W-bottom pattern form. Stage 2: An uptrend emerged after breaking through the neckline of that W-bottom. Stage 3: The real altcoin season kicked off as #BTC.D broke the uptrend line, and the market went crazy! Now, let’s fast forward to today: Stage 1: After the 2021 altcoin season, we’re seeing a multiple-bottom pattern. Stage 2: An uptrend formed after breaking through the neckline of that pattern. Stage 3: This is where we are now—the wild altcoin season could begin once BTC.D breaks the uptrend line!
CRYPTOCAP:BTC.DLong
by Harold_123
13
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