When will the scallop/rounded bottom end? XRPXRP Idea
I feel the demand for XRP is high even though price action is low
just my opinion though
Included some key levels
Scallop
Oil scallopI believe the scallop is bearish and price will dump again.
Ascending scallops like this are normally found in bullish situations however this seems bearish
Inverted Ascending Scallop ComparisonComparison of TOTAL2 and Copper
Similarities can be seen in the formation of a scallop
This may lead to a bullish C wave breakout on copper
I identify this structure as 'weak' due to its lacking of a strong double bottom and slight downward slope, however it is a good chart pattern for accumulation.
Ascending Scallops MCOBTCAscending scallops
bullish continuation
Nice buy into the scallop
Here are some results for the ascending scallop
This chart is a long timeframe scallop results should be observed as the bullish break.
Cool project
Scallop correlationPossible scallop correlation between EURUSD and USD index
Ascending scallop can be observed on USD and descending scallop on EURUSD
3 down waves can be observed on EURUSD daily chart
XRP Bullflag turned descending scallopAs you can see a bullflag has collapsed but it is no ordinary bullflag collapse, it has collapsed into a descending scallop! A very successful and bullish pattern. I expect XRP to see large increase in price once the horizontal support is tested.
$BIMI has a cup formation in the making, maybe scallop :).We have this amazing play here in the explosive industry. Company well-positioned to profit in this chaos, masks are in huge demand. With a tiny float of only 3 million shares and insiders holding 78% of the company, :) ... We have those people on board to use a crisis to propel this stuck into unrealistic heights. I decided to accumulate now and add much more when the downtrend shown on the chart will be broken. It is not hard to predict that their ER will that is about to come out will be great.
EURAUD Ascending ScallopAscending scallop present, this is a bearish reversal pattern. This is a monthly timeframe. Alligator can be seen to be 'falling asleep' in the scallop indicative of a reversal.
DNTETH Scallop GemDescending scallop, highest success rate out of all chart patterns used by myself.
VETBTC ScallopsDescending scallops, bullish reversal pattern, completion of the scallop will lead to gains, as can be seen in the first scallop.
SNTETH Descending ScallopBullish Descending Scallop, Breakout has already occurred just an observation, may push higher.
AUDUSD Scallop RetestAwkward area, would be nice to see a descending scallop retest.. Play the uncertainty!
USDJPY Symmetrical TriangleSymmetrical triangle can be seen to have formed, a successful descending scallop has led to this formation. Pretty bullish setup. 200MA will act as support or the downfall for this setup.
HCBTC Descending ScallopDescending scallop formation, lower success rate in a bear market than bull.
FARM Higher LowLooking to form a new uptrend, FARM has formed a higher low, with scallops present. Included fibonacci retracement levels for possible targets if this turns increasingly bullish.
AAL Fat Descending ScallopBig boi descending scallop, possible upward movement, however low success rate in a bearish market. A rising wedge can be seen to have caused this scallop (highlighted in red) Included fibonacci levels for possible upward movement targets.
AUDHKD Scallops GaloreA possible repeating pattern can be seen of a descending scallop, this is supported by a rising RSI. Other chart patterns present include a diamond top reversal, an Adam & Adam bottom, and an Eve. The Diamond Top led to the formation of one of the descending scallops.
Ascending scallop vs Descending scallopAscending scallop can be seen to show a bearish move, while a Inverted descending scallop can be seen to display a strong bullish move.
Descending scallopsDRGNBTC and ZCash have formed a descending scallop of the weekly chart, this may lead to bullish returns in the long term. Highest success rate next to Falling wedges so far. (Higher in a bull market)
CMCM MomentumIncreasing bullish momentum for CMCM within the current downtrend, a successful descending scallop can also be observed.
ACB Inverted descending scallop Clear inverted descending scallop (inverted letter J). Low success rate in bull markets (11/52)
