Rounded
NOTHINGNOTCOIN formed a rounding bottom on weekly timeframe🤔
breakout it happened
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Rounding Bottom
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
🚧LPTUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:LPTUSDT
😊 Today, I want to analyze Bitcoin for you in a Weekly time frame so that we can have a Mid-term view of LPTUSDT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
LPT has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since the rounded bottom is Not broken. The price can have a good rally after the breakout.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Rounded Bottom
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC Road Map🗺️!!! situation+next targets.Hi.
BINANCE:BTCUSDT
Today, I want to analyze BTC for you in a weekly time frame so that we can have a mid-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
We have a Bullish Structure here
BTC formed a rounding bottom on weekly timeframe🤔
Up we go if we do breakout
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin On The Way To 57K!!!Hi.
COINEX:BTCUSDT
😊Today, I want to analyze Bitcoin for you in a 12h time frame so that we can have a Mid-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
BTCUSD has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since the rounded bottom is broken. The price can have a good rise.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Rounded Bottom
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ID's Situation: What Shall we Expect!IDUSDT has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since there are no Break out, There is no Confirmations So we must Wait for Confirmation of a Bullish Trend .
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🤑Stay awesome my friends.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
I Cannot Short This !!! situation+next targets.Hi.
Time to break out of the rounding bottom on weekly & also above the key level.
AB=CD
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
AUDCAD MULTI TIME FRAME ANALYSIS Hello Traders! 🌟
Today, we're diving deep into an exciting analysis of the AUD/CAD pair. Get ready, as we unfold the story this chart is telling us across various timeframes! 📈🔍
📊 Weekly Chart:
We've spotted a fascinating rectangular channel, indicating a consolidation phase. A key point here is the price rejection at the lower trendline (around 0.85627). Currently, AUD/CAD sits interestingly at the mid-channel point of 0.90564, a critical area to watch.
📅 Daily Chart:
Things get more interesting here! We see a Cup and Handle pattern (or a Double Rounded Bottom), hinting at a bullish future. This pattern is eyeing a breakout at 0.90567 – a level we should keenly observe.
⏱ 4-Hour Chart:
Our analysis shows an ascending triangle, a typically bullish signal. The price is flirting with the resistance, also at 0.90567, mirroring the daily chart's breakout point.
💡 What This Means:
The alignment of bullish patterns across multiple timeframes can't be ignored. If AUD/CAD breaks above 0.90567, we might see a strong upward move. However, always remember, the market can surprise us!
📈 Trading Strategy:
Considering a long position on a confirmed breakout above 0.90567.
Setting stop-losses wisely, perhaps below the recent low or the weekly lower trendline.
Profit targets? Look towards previous highs or Fibonacci levels.
🚨 Risk Management:
It's crucial in Forex trading. Manage your positions responsibly, and don't overexpose your capital on a single trade.
🌍 Keep an Eye on the Bigger Picture:
Global economic news, especially from Australia and Canada, could sway our pair, so stay updated!
That's it for today, traders! Remember, the markets are dynamic, and so should be our strategies. Trade smart, stay informed, and let's catch the next big wave together! 🌊💼
Happy Trading!
BTC's Situation: What Shall we ExpectBTCUSD has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since there are no Break out, There is no Confirmations So we must Wait for Confirmation of a Bullish Trend .
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🤑Stay awesome my friends.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
ROUNDED BOTTOM/SAUCER PATTERN FORMED IN COAL INDIATECHNICAL ANALYSIS -
ROUNDED BOTTOM/SAUCER PATTERN :
An inverted bottom was formed in the monthly chart of coal india from 2nd may'19 to 2nd may'22 and it was broken out afterwards
REVERSAL FROM 50D & 100D SMA :
Market has taken reversal from 50D & 100D sma crossover on daily timeframe after hovering around that zone for a very long time
STRONG SUPPORT-RESISTANCE ZONE :
Market has also broken out of a very powerful zone and has taken reversal from that zone indicating strong upward momentum
SURGE IN VOLUME :
Volume had also surged heavily from the beginning of 2021 indicating upcoming strong market movement
PROFIT
market has finally reached the profit target of 276 which is equivalent to the height of the saucer pattern
FSR rounded bottom reversal patternFSR on the one hour chart completed a trend down from Wed June 23 to Tues June 27 and
appears to have reversed. FSR has gained about 12% in 3 days on the bounce.
The following are signs of bullish momentum:
1. Price is supported by an ascending linear regression line with a period of 50
2. The MACD lines crossed over the horizontal zero line on Tuesday, June 27th. This is a
zero lag setup.
3. The RSI strength crossed over 50 the following day.
4. Price crossed over the volume profile's POC line on Wednesday, June 28 showing gaining
bullish momentum
5. Price crossed over the mean VWAP anchored to the beginning of the prior downtrend on
June 29th another confirmation of bullish momentum.
Overall, FSR appears to be well setup for a swing long trade which I will take.
NKLA round bottom reversalNKLA has reversed a trend down in the past week as it clear concerns with potentially being
delisted with NASDAQ. The symmetry in the trends is shown with an arc overlaid. This
brings to mind a cup and handle pattern in progress. It seems likely the NKLA will have
a bullish continuation from the good news of stability of its NASDAQ listing. Potential
buyers on the sidelines may take positions and generate momentum. I will trade a long
trade early in this upcoming shortened trading week. The longer-term anchored VWAP provides
support as so just under that will be the stop loss. The first target is 1.70 which was a
resistance level a few weeks ago.
XLMUSDT wants a new bullish impulse?XLMUSDT price experienced a bullish impulse, followed by a rounded accumulation phase. During this phase, the price has been consolidating in a narrow range, forming a rounded bottom pattern, which indicates a potential reversal from the previous downtrend.
If the XLMUSDT price breaks out of the accumulation phase and confirms a new uptrend, according to Plancton's rules, a new long position could be taken. It is essential to consider the volume and the momentum indicators to confirm the breakout and avoid false signals.
According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
DXY in coming Days!🌳 DXY has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since there are no Break out, There is no Confirmations So we must Wait for Confirmation of a Bullish Trend .
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🌍Thank you for seeing idea .
Have a nice day and Good luck
FSLY - Could betTurning the cornerFSLY is reporting earnings today AMC (After Market Close).
In the last 2 days, it gapped and short up a whopping 36% from 9.87 (last Friday's close) to 13.43 yesterday. Could it be accumulation by those who might already 'know" that earnings could surprise to the upside? However, at current price, whether FSLY continue to run up after earnings or "sell upon news" remains to be seen.
What is more important is that the longer term price recovery is likely to be underway owing to how the stock has been behaving:
1. Rounding base has been forming in the last 9 months with its 200 day MA slowly flattening out
2. Went above its 200 days Moving Average since above 2 weeks ago (dipped back below only briefly )
3. Golden Cross approaching
4. The huge volume and gap up on 13 Feb could be a potential breakaway gap (though we can only confirm on hindsight).
Unless earnings disappoint greatly and send the stock crashing badly again, it could be time time to accummulate on near term dips, especially if it can hold above yesterday's candle low @ 12.16.
(sign of strength if it it does not dip below here, no go it dips sharply below)
However, being a penny stock, % movement can be huge (both ways) hence suggest not to not oversize in order to withstand volatility with trailing stops catering to least 10% - 12% pullbacks.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
TLMUSDT inverse head and shouldersThe price is testing the neckline of the inverse head and shoulders.
The price created the rounded bottom pattern as well.
How to approach it?
the price needs to create a breakout from the neckline with volume and retest it as new support, so According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
CME gap fill soonBTC is making round bottom in 1d TF right now the best resistance is 21400 if it breaks then chances are we will see a nice jump in BTC price in October , remaining again we are Bearish
KDAUSDT is creating a rounded bottomThe price created a rounded bottom on the daily timeframe and now the market is testing the daily resistance on 2.1-2.2$ area
How to approach it?
the price needs to create a clear breakout from the resistance area and retest it as new support, so According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
RamcoCemRamco made rrounding bottom formation on hourly/daily charts & broke out of neckline with good volumes.
Could be bought with mentioned stoploss & targets.
BCHUSDT is creating a rounded bottomThe price is creating a rounded bottom below the weekly resistance at 133$.
Now the market is creating a bullflag below it and the price is getting new liquidity from the 0.382 Fibonacci level.
How to approach it?
IF the price is going to have a breakout from the daily and weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
SNX/USDT: Accumulation zone!As shown on chart SNX is trading near its confluence area, and forming a rounded bottom structure on daily time frame signifying the upside potential is good for the coin.
I'd say its good time to accumulate, if market will provide good liquidity this coin has further more potential.
Key levels mentioned on chart
AMD: Is it the time to BUY the DIP? Let's see...Hello traders and investors! Let’s see how AMD is doing today!
First, in the 1h chart, AMD is in a clear bear trend, but there’s hope it could reverse soon. For the first time since it was trading at $ 125, it is actually breaking the 21 ema, and we do have the beginning of a bullish structure.
The black line at $ 98.38 is the most important resistance for us, as if AMD breaks this point, it might trigger a Rounded Bottom chart pattern. By triggering this pattern, the next targets on AMD will be our gaps (yellow squares). The $ 106 seems to be a strong resistance, but the optimal target would be the $ 118 (last gap).
In the daily chart, we see that AMD is trading at support levels, and any reaction here would be amazing, as the Risk/Reward ratio always favors the bulls when we are near support levels.
What’s more, AMD is far from its 21 ema, so it has some upside potential if it reacts. The only thing that could make AMD turn barish again would be if it loses the $ 92 area, so we must keep our eyes open. We have some possible bullish structures that could justify buying the dip, but to me, we must wait for more confirmation.
It is a delicate situation, but if we pay attention to these key points, we’ll be fine. I’ll keep you guys updated on this, so remember to follow me to not miss any of my daily analyses!
