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Double Top or Bottom

MOVEMENT BULLISH MOMENTUM!MOVE is currently showing an interesting setup after nearly a week of correction. The price has revisited the critical support zone marked by the purple box, which historically acted as a strong demand area. This zone represents a potential bottom, as evidenced by the formation of a double bottom pattern, a classic reversal signal indicating that sellers are losing momentum. MOVE has respected this support zone multiple times, confirming its strength as a demand area, suggesting that buyers are stepping in aggressively at these levels to prevent further decline. The double bottom formation is a bullish reversal signal, indicating that the price has found a solid floor, and if the price breaks above the neckline around $0.94, it could confirm the start of an upward move. Additionally, the MACD indicator is showing early signs of a bullish crossover, with the histogram bars contracting and the signal line reversing upward, signaling that momentum is shifting in favor of the bulls. If MOVE successfully breaks above the $0.94 resistance level, the next target lies in the red resistance zone around $1.15–$1.20, which corresponds to previous highs and Fibonacci levels, making it a logical area for profit-taking. However, if the price fails to hold the purple support zone, it could potentially retest the lower support around $0.70–$0.60. This setup highlights a pivotal moment for MOVE, where confirmation of momentum and volume is crucial before entering, as this will help minimize the risk of false breakouts. All eyes are now on whether MOVE can capitalize on this setup and break through the key resistance level, paving the way for a significant upward movement.
Long
by anandahaidarr
NanoViricides, Inc. 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 # NanoViricides, Inc. Stock Quote - Double Formation * (Neckline) At 1.5050 USD | Subdivision 1 * ABC Flat Correction | Uptrend Bias & Entry Perspective - Triple Formation * Double Bottom | Pattern Configuration | Subdivision 2 * Retracement Numbered | Hypothesis | Subdivision 3 * Daily Time Frame | Entry Settings Indication 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 | Buy
CAPITALCOM:NNVCLong
by TradePolitics
Is GALAUSDT Setting Up for a Bullish Breakout?Yello, Paradisers! Are we on the brink of a major bullish move for GALAUSDT, or is more downside on the horizon? Let’s dive into the latest analysis to help you prepare for what’s coming. 💎GALAUSDT has been consolidating in a descending channel, signaling a healthy retracement. This structure increases the probability of a bullish reversal—if key conditions are met. 💎If the price triggers an inducement and begins forming bullish patterns—such as a bullish I-CHoCH, W pattern, or inverse head-and-shoulders—at the key support zone, the likelihood of a strong upward move will significantly increase. 💎In the case of deeper retracement, we’ll look for a bounce off the strong support zone. However, confirmation is key. Keep an eye on patterns like the bullish I-CHoCH, W formation, or inverse head-and-shoulders to validate the bullish case. 💎If GALAUSDT breaks down and closes a candle below the strong support zone, the bullish outlook will be invalidated. In this scenario, patience will be critical—it’s better to wait for more favorable price action to form before making a move. 💎Discipline and risk management are essential in navigating markets like this. Remember, Paradisers, trading isn’t about predicting—it’s about reacting smartly to what the market shows us. 🎖Play it smart, stay patient, and wait for the best opportunities. Success in crypto is a long game, not a quick sprint! Stay disciplined, and you’ll already be ahead of the majority. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
XPO Logistics 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 # XPO Logistics Stock Quote - Double Formation * 132.00 USD | Area Of Value * (Neckline) At 118.50 USD | Subdivision 1 - Triple Formation * 012345 | Wave Count Condition Valid | Subdivision 2 * 167.00 USD | Wave 3 | Ongoing Entry | 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 | Sell
CAPITALCOM:XPOShort
by TradePolitics
Double BottomCLSK Potentially a Double Bottom forming on the daily chart. When the next low is printed I´m going to pay attention to if the daily chart prints Bullish Divergence on the RSI. If yes and we see upwards momentum in price with continuation it would confirm that the bottom is in for CLSK and we go up from here.... Possibly in to a parabolic phase of the market which also signals the end is near. for this cycle. BTC This all is dependent on what the price does for BTC. The BTC chart is a leading indicator when analyzing and trading CLSK. If/when BTC sets in the low of the present correction and pushes price up with continuation, first then the price of CLSK has a chance to break to the upside. MARKET SENTIMENT Right now in time of writing the market sentiment is cracking and the FEAR & GREED indicator is at 64 signaling that we are starting to see a reset of the market sentiment. This indicates that people that is suffering losses on their trade are willing to sell at a loss in order to salvage their hard earned money. A reset of the market sentiment is good for future price apreciation "It is always the dumpiest before the pumpiest" as one smart guy once said. WHERE IN THE CYCLE ARE WE? Zooming out and watching previous cycle leading in to the CLSK top in 2021 we see that CLSK topped out 100 days before BTC did. Now one can assume that both BTC and CLSK are more mature assets now. How that affect its price-action we will hopefully live to see. VOLUME Looking at the volume on the chart we can see there is a substantial amount of volume traded at this times of lower prices... sellers are leading the race hence the price declines BUT... WHO is buying? Is it retail? I don´t think so... keep in min the market sentiment is cracking at the moment and scared money is probably letting go of their positions. FUNDAMENTALS/b] I believe CLSK is a bargain at $10. Why? Because they at the time of writing are mining bitcoin at a cost of around $55k / BTC and a time when price is around $100k / BTC, AND they are hodling their bag, i.e. not selling. Accounting The FASB have adopted the FAIR VALUE ACCOUNTING for companies holding BTC and that could potentially boost the value of CLSK significantly, watch next earnings report. Dilution CLSK have been diluting their shares significantly over the last year. In doing this they have been growing their hashrate to stay competitive which is good in the long run, shitty in the short run. The last vote on issuing more common stock got approved in Q4 2024, in doing this they mitigate the dilution by featuring a capped call option meaning they will not be diluting any more shares until price reaches above $24. MACRO The liquidity has been increasing during 2024, i.e. there has been money printing by lowering interest-rates and other stimulatives. Jerome Powell raised a finger for inflation concerns as we move in to 2025 leading to a market decline as the fears are the liquidity (money printing) will slow in 2025. COUNTER ARGUMENT If the liquidity injection slows down in 2025 we will probably see markets turn over and a recession is likely to kick in full throttle. This would take us in to a bearmarket and all bullish bets are of. CONCLUSION BULL If the bullish bet is on I am expecting price to reach at least $24 before dilution starts to kick in. BEAR If the moneyprinter stops all bets are of and we sell our bags to fight another day.
NASDAQ:CLSKLong
by lill_knaas
LINKUSDT: Bullish Setup or Breakdown Ahead?Yello, Paradisers! Could this head & shoulders structure spell trouble for LINKUSDT? Or is the market setting up for a bullish reversal? 💎LINKUSDT appears to be showing signs of a retracement due to its head and shoulders pattern. If the price retraces to the identified support zone and presents a bullish I-CHoCH, W-pattern, or inverse head and shoulders on lower timeframes, the probability of a significant bullish move increases. 💎However, if the price drops further to sweep below the current zone (inducement), it’s prudent to wait for confirmation at the strong support zone. Although reaching this level might seem unlikely, if the price does drop, it would strengthen the likelihood of a bullish rebound. In this case, watch for bullish patterns such as I-CHoCH, W-patterns, or inverse head and shoulders to form before taking any action. 💎On the flip side, if a breakdown occurs and the candle closes below the strong support zone, this would invalidate our bullish outlook. In such a scenario, patience will be key—waiting for better price action and clearer market structure before considering the next move. 🎖 As always, the disciplined and patient approach wins in this market. Stick to the plan, follow the confirmations, and trade smart, Paradisers! MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
2
$EURUSD 60-Minute Chart: Bullish Technical Setup in Play🚀 EURUSD Analysis (60-Minute Timeframe): 🔹 After the formation of a technical double bottom , confirmed by the breakout above the neckline at 1.0422, the pair is likely to move towards the 200% Fibonacci extension at 1.0476. 🔹 New resistance formed at 1.0447, still below the previous fractal support at 1.0453. 🔹 A bullish 2618 pattern is unfolding, with recent lows near the crucial 61.8% Fibonacci retracement at 1.0382. 📊 🔹 This setup depends on the earlier double bottom formation to hold. 🔄 ⚠️ A break below the daily fractal support would invalidate this bullish setup, with targets aligned with the default target for the double bottom. Let's monitor this reversal pattern closely as it could trigger a significant upward move. 📈
Long
by Andre_Cardoso
Forming hammer near all time low - on weekly time frame"Rebounding from the Bottom? A Hidden Gem in Spandana Sphoorty!" 🔍 Analysis: Spandana Sphoorty, trading 75% below its All-Time High (ATH), shows strong signs of a potential turnaround: 📊 Weekly Chart: Forming a bullish hammer pattern. 📈 Daily Chart: Displaying a morning star pattern near its all-time low. 💰 Valuation: The stock is trading at just 0.68x its book value (Book Value: ₹480; Current Price: ₹332). 🎯 Trade Setup: Entry: ₹328 Stop Loss: ₹292 Target: ₹401 Risk-Reward Ratio: 2:1 💡 Why This Looks Promising: The stock has formed strong technical patterns at a crucial support zone and offers a low-risk opportunity for entry. 📢 Disclaimer: This post is for educational purposes only. Investments in the stock market are subject to market risks. Please consult a financial advisor before making any trading decisions.
NSE:SPANDANALong
by the_fib_trader
ROSEUSDT: Catching the Retracement for a Potential Big Move!!ROSEUSDT has shown promising signs of a potential bullish continuation. After a successful bounce from a major support level, the price consolidated briefly before a strong breakout yesterday, pushing through resistance. Today's retracement to the broken resistance level (now acting as support) presents a potential entry opportunity for traders. Always manage your risk and use appropriate position sizing. BINANCE:ROSEUSDT Currently trading at $0.092 Buy level: Above $0.09 Stop loss: Below $0.076 Target : $0.18 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
1
Salzgitter 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 # Salzgitter Stock Quote - Double Formation * (Flag Structure) | Completed Survey(Reversed) | Subdivision 1 * ((Wedge Structure | 14.300 EUR | Area Of Value - Triple Formation * Retracement Numbered | Uptrend Bias | Subdivision 2 * (Neckline) | Pattern Configuration * Daily Time Frame | Entry Settings | Subdivision 3 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 | Buy
CAPITALCOM:SZG
by TradePolitics
Is SNXUSDT About to Make a Big Move? Yello, Paradisers! SNXUSDT has shown an ideal retracement, setting up a high probability for a bullish bounce from the current support zone. 💎There’s potential for a W-pattern formation here. If the price successfully breaks out and closes candle above the resistance level, this would significantly increase the likelihood of a bullish continuation. 💎However, while a bullish move is possible, the probability at this stage is relatively low, making it a scenario worth watching but not acting on just yet. 💎If panic selling or a deeper retracement occurs, the strong support zone below may offer a favorable bounce. To increase confidence in this setup, we need to see a bullish I-CHoCH (internal change of character) on lower timeframes. 💎On the flip side, if SNXUSDT breaks down and closes candle below the strong support zone, the bullish thesis will be invalidated. In that case, it’s best to remain patient and wait for more favorable price action to develop. 🎖Always remember, Paradisers, discipline and patience are the keys to consistent profitability. Avoid making emotional decisions and stick to your strategy. The market rewards the patient! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
HBAR/USD Technical Analysis: Bullish Signals EmergeTechnical Overview: The HBAR/USD pair is exhibiting a confluence of bullish technical signals, suggesting a potential upward trend reversal. 6-Hour Chart: The pair is currently forming a bullish flag pattern. This pattern typically follows a strong upward move (the "flagpole") and then consolidates within a narrow range (the "flag"). A breakout above the upper trendline of the flag would signal a resumption of the upward trend.   Smaller Timeframes: On smaller timeframes, the emergence of a double bottom pattern further strengthens the bullish outlook. The double bottom pattern forms when the price dips twice to a similar low and then bounces back, indicating increasing buying pressure at lower price levels.   Combined Interpretation: The combination of a bull flag on the 6-hour chart and a double bottom on smaller timeframes presents a compelling bullish scenario for HBAR/USD. This suggests that the price may be poised for a significant upward move.
Long
by ParabolicP
$NASDAQ:LUNR Ready for a 60% upside double bottom patternNASDAQ:LUNR there's a ~60% upside on this play. Lunr has broken through a previous resistance point (~$14.00) and should be on track to reach the Price Target (PT) for completing a double bottom pattern ($24.41) Entry : anything above $14, with positive direction indicators Stop : $13.45 - heading below the ~14 resistance (now our support) is not ok, but should not dip into the lower volume pocket. Exit : Take profits on half at ~$24 and set trailing stops on any remaining shares. Good Luck!
NASDAQ:LUNRLong
by dzygadlo
8