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Stairsteppattern

Can Solana Make a New Breakout According to Stair Steps Pattern?Solana has formed a multi-step stair pattern since late 2022 on the two-hour chart. Each step of this stair consists of a higher high, a higher low and a consolidation move followed by a breakout above the higher high accompanied by a significant spike in trading volumes within each step. Any confirmed breakout above the higher high of each step will be followed by the formation of a new step on the stair. Solana has now managed to break through to the higher high of the fourth step, and it may head to the formation of the fifth step of the stair. We should see a new decline in the price that does not reach the levels of the previous fourth step, and then we should witness a breakout above the higher high in the fifth step, accompanied by a significant spike in trading volumes, which could pave the way towards targeting 21.52-23.03 (of Fibonacci extension levels). In the opposite case, a pullback below 17.56 could invalidate the previous hypothesis.
COINBASE:SOLUSDLong
by SamerHa
2
BTC Bluesky Digital building a stairway to all time highAlso as a result of some overall red days on the tech markets, BTC is massively oversold at the moment. BTC was able to steadily build one stair to the other in the current upward trend, jumping over resistance lines and generating higher support levels. I expect that BTC will be able to reach its all time high within the next 4-5 trading weeks and should be able hit 2.25-2.50 CAD within the mentioned period. My prognosis is based, among other things, on the following hypotheses: BTC is oversold based on Stoch RSI indicator tech market will recovery and BTC will compensate its losses with massive gains MACD shows the potential that a bullish pattern is approaching BTC will benefit from a rising Bitcoin price
CSE:BTCShort
by the_realone
2
Coin Citadel CCTL Projections This is a breakdown on Coin Citidel CCTL. CCTL has been following a pattern for a long time now and I have identified it on this chart. Not just outlining the old resistance levels that have flipped to support but also the ones which we should be looking out for in the near future. Currently we are sitting in an ascending channel and it seems to be moving in a stair step pattern as we continue up. This pattern is what I personally believe will get us to a new ATH on this stock and into price discovery. Penny Stocks are very volatile, but provide incredible buy opportunities based on price. We can buy a lot for a little and because of that these .01 thru .10 cent changes can be life changing. This is one of my holdings because the crypto space hasn't even began to heat up yet. As always DYOR and MANAGE RISK PROPERLY. AMEN
OTC:CCTL
by WhiteJesus
BTC Update! Back to the support area we go!Well we've been watching this stair stepping down pattern and BTC stuck under our EMAs for a while now. Ideally did not want to see another re-test of what I outlined as critical support down around $7400-7750 range back in September. We tested it once last month and it held and gave a significant bull move of 40%+. And here we are again giving all of that move back and re-testing our same area again. Generally I do not like re-testing areas and I view them as jumping on a glass table. If this support zone was our glass table initially and we did not want it to crack and cave to send us to the floor. It worked, bulls responded and gave a solid bounce off the glass table. Here we are again jumping on the same glass table and thus far bulls giving a small bounce off again but repeated jumping on a glass table is unlikely to be beneficial and we could see it break and send price to the floor (floor being unknown). So lets see if this re-test of our support holds or bears are able to crack it this time Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats
BTC Update! Stair Stepping Down. EMAs resistanceQuick update. BTC clearly struggling to get any bull momentum and is slowly just stair stepping its way down. As stated last chart, really do not want to see BTC return towards our $7500 support area we were watching for quite some time to be tested. We had the test and it held and gave the nice bull trade but if bulls allow for a re-test again, I would not be as optimistic in it holding again. Bears are just slowly driving price back down here and EMAs serving as a nice guide for resistance on any bull attempts. We see the bull pops here and there but without follow through, bears climb right back into positions and continue this slow grind down. Bulls need to see the pop back above EMAs and then see the follow through towards the stair steps going up. Otherwise these lower highs just continue to pile on and keep the bears very comfortable in positions or adding to positions. Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats
Home Depot (HD) BullishI am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader. I am calling Home Depot (HD) Bullish. I know this chart may seem cluttered, but there are several bullish indicators I see so please bear with me....or bull with me...or...never mind. Anyway, let's first look at the solid purple line. That is an Up Trending Support line. I have marked different places with green arrows and numbered them. If you look at green arrows number one and two along the purple Support line, and then find their corresponding numbered arrows above (look more toward the middle of the chart) there is a fifteen dollar ish ($15 ish) increase when it bounces off the purple support. Using that as a historic standard I have also drawn green arrow #3 at a bounce off purple support and a possible target for future Resistance, and drawn a purple dotted line to give a better target visual. However, it will need to clear the Resistance from January 26 & 29, 2018 (orange dotted line) to make it to that target. That is the up trend. The Cup and Handle is another possibility showing bullish movement. The blue dotted line is the most recent edge of the Handle/Resistance (from June 12 & 13, 2018) which HD cleared today (07-19-18); or at least it has as of this publishing. Hopefully it doesn't disappoint. :) The orange solid line shows a previous Handle/Resistance which it cleared and continued up. Other bullish signs can be called a possible Flag or Stair Stepping movement. That is just because it goes up, and then drops to Support, and then climbs again. The S&P 500 is still in a bullish recovery. See my previously published analysis on that for a visual example. Any questions or further insight, let me know.
NYSE:HD
by AROD01
1
Ford Continuing Bullish, Stair Stepping and Rolling UpI am not certified or licensed by any individual or institution to give financial advice. I do not consider myself a professional stock trader, and most people would agree with me. I currently have shares in Ford for a long term hold. I just purchased two call options (March 16, 2018 expiration at Strike 13; Options Ask Price $.50, Stock Price was $13.26) in Ford on Friday, January 12, 2018. What I see is Ford making a Stair Step Pattern (with a bit of rolling thrown in) in forty cent ($.40) increments. From October through November 2017 it rolled between $12.00 and $12.40; when it broke that pattern it rolled between $12.40 and $12.80 from the end of November 2017 to the beginning of January 2018; it broke that pattern on January 04, 2018 and we come to the present where it is settled just above $13.20. If it continues with this consistency I believe its next stop will be the $13.60ish area. I have drawn that out in an attempt to give a visual aid; the explanation will be from bottom to top. The bottom two horizontal lines and bottom double vertical arrow (orange) display the first stair step and roll; the second double vertical arrow (green) in between the second and third horizontal line show the next step up; the third arrow (red) between the next lines continues the trend; and the top arrow (blue) displays my prediction of what I think Ford Stock will do. So, a brief recap of that paragraph: $12.00-$12.40, $12.40-$12.80, $12.80-$13.20 (current) and $13.20-$13.60 (predicted). Will Ford go straight to the $13.60 area or will it roll a time or two, as it has been doing between the steps? I don't know. I have taken both possibilities into consideration and have added them to the visual display in the forms of two drawn lines. The rolling, "W" shaped arrow (black) displays a possibility of a roll before continuing up; and the short, straight arrow (purple) displays a possibility of a straight shot. Of course, the third possibility that always exists is that Ford will just fall. I don't think so, but it is a possibility so I think it needs to be mentioned. Here are reasons for considering what I believe to be the most likely two scenarios. First, the roll; Ford may continue to roll between $12.80 and $13.20 (or any area in between) just because that is what it has been doing for the past couple of times before continuing up to the next level. That is the most consistent, reliable, and repeatable pattern and possibility. The second possibility is Ford skipping the roll and going straight to the next level. This is a possibility because of a number of reasons. First, it closed above $13.20 on the last trading day (Friday, January 12, 2018); but more specifically it closed above $13.22. $13.22 is significant to me because that number/price formed a Tweezer Top Pattern on back to back trading days (it wouldn't really be a Tweezer Pattern if it didn't, right?) of Friday, January 05 and Monday, January 08, 2018. By closing above the Tweezer Tops I think Ford is signaling it's ready to move on. Second, after the Tweezer Ford formed a not so textbook Rising Three Pattern indicating a continuing bullish move. Third, it closed above the Tweezer Tops and Rising Three on a volume of nearly 57 Million which is double the volume of it's previous trading day. You can decide for yourself which short term pattern Ford will follow; but regardless of what it does short term, I think it is safe to say it is continuing a bullish trend for the mid to long term. I wrote an analysis of that previously which you can view so I won't go into detail here. Ford will release 2017 Fourth Quarter Earnings after the Market closes on Wednesday, January 24, 2018. What is, or is not, said may or may not impact the Stock. Ford is a dividend paying Stock if you are considering a low cost Stock to invest in. It has not yet released it's First Quarter 2018 dividend information but if you want in you'll need to be quick as I expect it within the next few days.
NYSE:FLong
by AROD01