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Double Top or Bottom

ICICIGI - A comfortable Triple bottom pattern Analysis: This chart indicates a potential triple bottom pattern, which is a bullish reversal pattern. This pattern typically forms after a downtrend and suggests that the stock may reverse its trend upwards. Support: The triple bottom is forming around the 17880 level, indicating strong support at this price. Resistance: The immediate resistance level is around 1,879.95, with a stronger resistance at 2,000.00. The formation of a triple bottom is a positive sign, but confirmation at resistance through a breakout with high volume is crucial before taking a buy position. Monitor the price action around the resistance levels and moving averages for additional confirmation signals.
NSE:ICICIGILong
by Mujadid
STMXUSDT at a Make-or-Break Level – What’s Next?Yello, Paradisers! Are we about to see a major bounce on STMXUSDT, or is a breakdown lurking? Let’s break it down. 💎STMXUSDT has been in a healthy retracement and is now approaching a key support zone. If the price takes inducement and reaches this level, we’ll be watching for bullish price action confirmations—particularly a Bullish I-CHoCH on lower timeframes. This would significantly increase the probability of a bullish move. 💎Additionally, if we see a W pattern or an inverse head and shoulders forming in this area, it would further strengthen the bullish case. Stay alert and monitor price action closely. 💎However, if STMXUSDT breaks below the strong support zone and closes a candle beneath it, our bullish setup becomes invalid. In this scenario, it’s better to stay patient and wait for a more favorable price action setup. 🎖Remember, Paradisers—trading is all about waiting for high-probability setups. Discipline and patience always win in the long run. Stay sharp! MyCryptoParadise iFeel the success🌴
SLong
by MyCryptoParadise
10
JASMY at a Crossroads: Breakout or Deeper Drop?Yello, Paradisers! JASMY remains in a bullish market structure on the higher timeframe, but the question is—will the current retracement lead to a breakout or a deeper correction? 💎Right now, JASMYUSDT is retracing into a crucial support zone. If the price breaks above the resistance trendline with strong volume and confirms a bullish I-CHoCH on lower timeframes, it would significantly increase the probability of an upward move. However, patience is key—confirmation is crucial before entering a trade. 💎If the retracement deepens or panic selling kicks in, we’ll be watching the next strong support zone. A bounce from there is possible after taking inducement, but confirmation will still be necessary—look for a bullish I-CHoCH on lower timeframes or classic reversal patterns like a W pattern or inverse head & shoulders. 💎However, if the price breaks below the strong support zone and closes candle below it, our bullish scenario becomes invalid. In that case, it’s best to step back and wait for a stronger price action setup before making any moves. 🎖The key here is discipline and patience. Don't chase trades—wait for high-probability setups and let the market come to you. This is the only way to stay consistently profitable in the long run. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
19
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