Repeating Pattern in PAGE INDUSTRIES...NSE:PAGEIND trade at 43200 level. Stocks shows its ready for going ALL TIME HIGH LEVEL, on the chart make a Repeating structural chart pattern. So you can watch for an Upside Move.
Repeatingpattern
Repeating Pattern Idea for HBAR Daily ChartLooks like we're repeating the same pattern that we did before the last leg up that moved from 4 cents to 10.
May not actually play out exactly the same, so timing a move up to Sept or November isn't necessarily what will occur.
That said, if this idea is correct - we've already gotten the LL and a re-test of the previous HL.
So, when we finally break out and hold above the area of that HL, expect the move up to begin - regardless of whether we re-test the LL a 2nd time, which hasn't yet occurred this time.
Repeating Same LTF Pattern on HTF?Here's an idea I haven't seen proposed. What if we're repeating the same pattern we saw between approx 40-50k, on a higher timeframe and between 50-85k.
Just like the blue pattern before it, it starts with a new high being made, then a low well above old highs, then a lower high followed by a higher low, then a higher high followed by a 2nd higher low (slightly lower than the previous higher low), finally a 3rd and significantly higher high followed be a strong lower low but still above old highs prior to the new high.
Let's see if it happens again!
KayCee Industries - See the "C"s (Cups)Kaycee Industries - on Weekly has Interestingly repeating pattern. Something very similar to TRIL I noticed last year. After 4 repeated Cups, TRIL stopped creating Cups but rather flew away. Very similar structure here
Look at 4 different colored Fib retracements
1. Green - 0.618 retracement - precisely reached 1.618 target 9578 and fell
2. Orange - 0.618 retracement - precisely reached 1.618 target 14418 and fell
3. Blue - This time 0.5 retracement - with target of 23500, but fell slightly before
4. Pink - Again 0.618 retracement - precisely reached both 1.618 and 2.618 targets (32,900 and 43,726)
By this time the Parallel Channel is decisively broken on the upside, and now retracement journey starts
Very interesting structure - if the price gets reduced due to Bonus & Stock Splits - let's wait for the price change + wait for correction to retest the BO zone of Parallel channel and review again
Love this Chart - repetitions add to the credibility of the stock and technical analysis
Disclaimer:
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AEVO: Bullish Flag Breakout and PumpAEVO has been trading on Binance for a short time after its listing, but it has already managed to form fractals (repeating patterns). On the 4-hour timeframe, it is forming a bullish flag pattern, followed by a stop-loss hunt of longs below the lower border of the pattern, which is followed by a sharp pump.
The bullish flag:
The bullish flag is a bullish continuation pattern that is characterized by a period of consolidation following a strong uptrend. The consolidation period typically takes the form of a pennant or flag, after which the price breaks out and continues its upward trend.
The stop-loss hunt:
The price broke down below the lower trendline of the bull flag on March 14, 2023. This breakdown was likely a stop-loss hunt, as the price quickly reversed and rallied back above the trendline.
The sharp pump:
The bullish reaction to the stop-loss hunt confirms the bullish trend and suggests that the price is likely to continue to rise in the near future.
The breakout:
The price is now approaching the upper trendline of the bull flag. A breakout above this trendline would confirm the bullish continuation pattern and suggest that the price is likely to reach $0.15.
Conclusion:
The AEVO chart shows a bullish pattern. The price has formed a bull flag pattern after a strong uptrend. A breakout above the upper trendline of the bull flag would confirm the bullish continuation pattern and suggest that the price is likely to reach $0.15. Investors should always do their own research before investing in any cryptocurrency.
Repeating Pattern: Double-Tops w/ Higher 2nd HighsA "What If Chart" - what if we are repeating the same pattern that made the two 2021 tops to the 2022-23 Bottom, on a much larger timeframe.
The highlighted area is copied and expanded using the bars pattern tool and overlapped with present price action, starting from the last lower high in 2021).
This is a bearish scenario where we are presently making the end of our 2nd high, again, and could be over before end of Summer this year.
Repeating Patterns May Lead to a New ATH for Alt DominanceAlt dominance formed something that looks a lot like an HSi with a very small right shoulder, which broke above its neckline and successfully re-tested, confirming the pattern and targeting 16.6%.
See the white drawn pattern and its white dashed neckline on the chart.
The same area of breakout and re-test from the smaller white pattern is forming another similar small right shoulder on a larger HSi as drawn in blue, with its neckline as the blue dashed line.
Should the blue pattern be a repeat of the smaller white one, and breakout of its neckline as well (note that it should as long as the white pattern continues up towards its initial target), it will target 21.8% upon confirmation and any successful re-tests of its neckline.
More related ideas for BTC.D and OTHERS.D in the Related Ideas section below.
This would suggest the possibility for a new ATH for alt dominance. For confluence, note that the halfway point towards 21.8% nearly equals the initial target of the smaller white pattern at 16.6%. And, rising green volume into the move.
ETH - Patterns and Time repeating??COINBASE:ETHUSD
A long term look at ETH.
Are we repeating patterns in time and price?
After the 2018 top and 90+% drop there was a 382 rally which we have had from this recent low but this time we have hit it twice. There is also an ABCD pattern higher at 2200.
If we look at time now. From the 2018 high to the 2021 high there are about 1400 days, so if we use that as a tool then could it be possible that this weak rally that is going on is coming to a near around the end of April with near 1400 days from that 2019 high??
If we go a bit deeper then we look at the next 70+% drop from the June 2019 high to the March 2020 Low that gives us a early Jan 2024 possible low before we go parabolic again..
Just a few thoughts on the longer timeframe using the same tools on a bigger outlook.
I will watch this and see what happens over the coming weeks.
Enjoy the week.
We've Done This BeforeAlt dominance may be repeating its prior pattern, where it wicked up to it's ATH after a series of drops, and then dropped hard before making a new ATH.
I still question whether it will actually make a new ATH this time, but imagine it will at least revisit the area of previous ATH.
Related idea linked below - a falling wedge breakout that is targeting previous ATH
The "What" vs "Why" Series - (1) TRILTransformers & Rectifiers Ltd: TRIL
When any Stock faces a Sudden Crash or a Sudden Rise - many Retail Investors go Ga-Ga over the question "Why why why did it happen ??" - especially on a crash. Their worry is on whether to Hold or Exit their holdings
Such violent moves typically are caused due to some NEWS. Obviously we all have a portfolio of atleast 20+ diversified stocks and it's not humanly possible to keep Real-time track of every News around the counter. So Why do we really worry about the "Why" ???
The Real Question to ask is "What do we do now" - and the answer is
1. Refer the Support and Resistance levels on the chart
2. Check for any potential Breakdown of Structures like Parallel Channel, Flag Breakdown etc...
3. Most importantly check the Higher Timeframes Weekly / Monthly
Manytimes a Pattern Breakdown on Daily just forms a Wick (SL Hunting) on Weekly or Monthly - Fooling us
Let's see with an example
TRIL - Weekly Chart:
1. Multi year Parallel Channel - Upward
2. Repeating "Cup" patterns
During Late July - there was a News from one of the Clients of TRIL accusing the company of defrauding them of marking an order as complete but consignment was not received. The stock crashed 20% same day - even before the TRIL management could respond. The crash continued from 110 to 80 for 2-3 sessions.
Think again - it's just an accusation - yet to be responded, yet to be proved. But due to Media Hype retail investors sold in Panic - many in loss. Does it really make sense ???
From a Pattern wise - "Repeating Cups".
1. Whether the Cup forms slowly or it hits the Bottom of the Cup is hit in 2-3 days - does it really matter ?
2. 6 months down the line - when someone is analysing the chart - would you see a Repeating Cup or do you remember why it fell to bottom of Cup everytime ???
3. THINK AGAIN - we only see a Cup irrespective of the reason. And when bottom of Cup is reached it rises almost 2x higher. Thats what chart shows.
I had position at 100, when it reaxhed 78 and started rising I averaged at 82 and had conviction to hold and made amazing gains in just couple of months to 170 levels - all 3 targets given earlier were hit 🎯💯
The reason for my conviction is "accusation is not proven" and "pattern repetitions are not broken" + "support levels intact"
This is why our motto is "Learn to Ride the Tide - Irrespective of its Side"
Forget "Why things happened"...Focus on "What to do"
- Team Stocks-n-Trends
Is SPX repeating the pattern from March 2022?SPX is currently in a downtrend. On the SPX weekly chart, see the similarities between now and
March 2022. Then there was 6% move up followed by a huge drop.
My guess is that SPX will move up to resistance at 4400 then fall.
Not trading advice. Do your own research.
BITCOIN can rally to $170K if it repeats 2018-21 historyHere we looked back at the bars pattern from 2018 to the beginning of 2021 and replicated it at April 2022 (the BLUE pattern).
We can see a clear similarity in the bars' pattern from April 2022 to January 2023 which makes us believe that the price will repeat history.
We are presently in a Concentration Zone where the price is predicted to BREAKOUT bearish at the start of February 2023 and rally as low as 8.5k.
The price would then come back bullish and rally as high as 170k and hit new ATH.
Bitcoin looks bullish in the long run !!!
Let me know if you agree!
This is an analysis. Not financial advice.
LTC Fractals : Unlocking the Power of Repetition 📊🔁ŁGreetings, fellow traders! 🚀 Let's delve into the captivating world of fractals – a concept that reveals the art of repetition in trading patterns. Today, we'll explore the phenomenon of the Double Bottom pattern on the Litecoin chart. Brace yourself for insights into the power of fractals in forecasting market movements.
🔍 Understanding Fractals: Picture fractals as the echoes of patterns across different time frames. Just as nature exhibits patterns that repeat at various scales, trading charts also showcase fractals – smaller patterns that resemble larger ones.
📉 The Double Bottom Tale: A Double Bottom is a classic bullish reversal pattern. It consists of two distinct troughs at nearly the same price level, forming a "W" shape on the chart. This signifies a potential trend reversal from bearish to bullish.
🔄 Fractal Repetition: Here's where fractals come into play. A Double Bottom pattern on a smaller time frame can mirror a larger Double Bottom pattern on a higher time frame. The repetition of this pattern underscores the market's inclination to follow similar dynamics.
🚀 The Power of Recognition: Identifying a Double Bottom pattern on the Litecoin chart can offer insights into potential price movements. A successful breakout above the pattern's neckline could signal a bullish momentum.
💡 Insights for Traders: The concept of fractals teaches us to look beyond the surface and recognize patterns that repeat across time frames. Understanding these echoes can equip traders with enhanced analytical skills.
Is Ethereum Repeating the same Pattern?Quick idea here, I love repeating patterns. Is Ethereum doing that now?
Look at the similarities on the chart.
If this is the case, we can expect a move back up just below ATH, and then potentially a move towards a new ATH at >7k.
Depending on where the present candle closes, the neckline of the W may need adjusted to be more diagonal, which would lower targets. Or, it could just fail to stay above and invalidate this idea.
Urgent: Bitoin Repeating (Consolidation)This happened in 2015, 2019, and once again now...
I believe Bitcoin will begin at least another year of downward or sideways accumulation to create a strong platform for BTC to grow to new heights,
as you can see in previous Bear Markets this exact same short-term rally has happened before,
How will it play out? - I believe it will start with a shortfall of $19,800 touching the 10-week ema, from this point it will eventually hit $16000-14000
with the potential to hit $11-8000 which I think is unlikely.
Why will this happen? - The economic collapse that the average human needs like oil, housing, unemployment, etc.
during these times saving rates have plummeted to 2.4% from previous years ranging from 8.4-19% in USA and Europe
leaving people with very little money to invest.
Thank you for reading :)
Pattern Similarity with 2018 Bear Market RecoveryWhat follows is a comparison of the daily chart during the 2018 bear market recovery with the present weekly chart. Markets like to repeat patterns, with similarities and differences:
Repeating Pattern Similarities:
Both made a head and shoulders top
OBV and Volume show similar patterns of behavior in both charts
The amount of correction prior to recovery is similar
Repeating Pattern Differences:
2018's head and shoulders top had a descending (or practically straight) neckline. 2023's head and shoulders top has an ascending neckline
OBV has dipped more during the present downtrend than before, and Volume peaked earlier during the head/shoulders top this time (Volume is also down more now than it was during 2018 recovery, respectively)
Signs are pointing to a recovery, but DXY is behaving strangely and market conditions are entirely different than they were in 2018.
2023 Recovery may be higher than 2018, if neckline is reached - it could look like a double-top with a lower high (potentially even another HS pattern at the end)
Should the pattern repeat itself again on the higher time frame, I've outline a rough path that could take us into one of the two red boxes, or even somewhere in between, with:
-- Conservative Targets near previous head and shoulder top lows
-- Aggressive Targets stopping at or near the ascending neckline, and this would coincide with my theory of a lower high double-top, which I think is the more likely scenario (see related idea below)
-- Otherwise the potential to stop somewhere halfway in between either
Chart is long until recovery completes at one of the levels above.
This idea fails immediately if we fail to remain above the wedge here on a re-test on the falling wedge breakout (3-day chart pictured below):
Related Idea - neckline targets coincide with lower-high double-top theory:
Cheers, and thanks for taking the time to read through my ramblings!
-- dudebruhwhoa
Repeating Expanded Flats?Just a quick post here. I included this as a screenshot in another published chart shown below, but wanted to share this idea by itself.
NOTE -Expanded flat C wave typically stops either at the 1.618 or the 1.236:
- Logarithmic chart has corrected down to the 1.618 exactly.
- Linear chart shows us stopping near the center point between the 1.618 and 1.236, near the 1.427.
Original post:
Another note - I'm super bullish on DXY, which should be bearish for crypto and stock markets. For the above move to occur, I'd expect us to see DXY re-test the area around 103.
HBAR Pattern ComparisonComparing the pattern prior to the previous run-up vs. where we are now, this is the 3-day chart we're viewing. I've copied and stretched it out in order to re-size our old pattern vs. today's pattern.
HBAR likes to repeat similar patterns, let's see if it happens once again.
Related ideas linked below under Links to Related Ideas.
Time To Buy Some New Shorts. VIX To Bounce Upward.VIX trading in a bullish pennant pattern. We have seen two really nice bullish bounces off the support trend line in this pennant pattern. I expect this next support line touch to be nothing different (assuming VIX touches support). VIX targets: 25.41 resistance first, then follow-through to 28.93, eventually reaching the top of the upper bound of the pennant pattern around the 33 area. With that in mind, I am beginning to load up on short positions and closing out some of my higher beta long positions.
This is not trading advice. Good Luck!
(BTC-USD) Possible Trend Reversal 2 - (June 22)Patterns from other cycles seem to be repeating themselves today.
After each ATH of each cycle, the price heads towards the blue area where the EMA50 is, making a support.
When it breaks the EMA50, the price goes back to the average in the yellow area but this time it makes the EMA50 as resistance.
Finally, the price fails to break the resistance and finds the SMA200 and stops falling in the blue area, the accumulation area, where historically it was the best zone to buy.
Bitcoin goes back up and hits a new ATH and the cycle repeats.
It worked so far, but several external factors can influence some values, so don't take my analysis for granted
Neutral $BRK.B $319.78Neutral $BRK.B $319.78. BRK.B repeating the pattern from Nov 2020 and Mar 2021. Price action shows this time stock reached the target in shorter time span. Expect little more addition to stock price and then sideways trade action between $300 till $320 till next breakout pattern appears. Expect 20 SMA acting as support for this stock.
Is BTC repeating itself again?Hey I was just looking at the charts and thought about this Idea because it does look familiar for me, what do you think let me know.
BTC pattern repeating - strong buy in a month?We are going through something similar as we did in May.
After the drop, a bearish candle formed with a very large wick, that confirmed the previous strong support.
Then a bull flag started to form, and when it hit the support BTC went to set new ATHs.
What happened couple of days ago?
✅ - last candle of the drop - large wick confirming support
✅ - a bull flag is forming
Just a chance?
