UMA is approaching an ideal buy-back zone whilst forming an important chart pattern - the Three Dives Down Pattern. This pattern goes by many names including Three Drivers, Three Drives Down and Three Dives Down (which is the one I prefer to use). This pattern is bearish for the SHORT term, but bullish for the NEAR and LONGER term. It's important to note that...
📉 MATIC - USDT 📈 The three-drive is a rare price pattern formed by three consecutive symmetrical moves (or drives) up or down. In its bullish form, the market is making three final drives to a bottom before an uptrend forms. In a bearish three-drive, it is peaking before the bears take over. this means that we SHOULD bottom soon, at least. And the next landing...
OP Token (OP) is currently trading near the upper boundary of an accumulation range, signaling a potential bullish breakout. The repeated bounce off the lower levels, combined with three instances of retesting and reactions from the 0.5 Fibonacci level, presents a compelling technical scenario. 🔄 Accumulation Range Breakout: The fact that OP is trading near the...
Gold analytical series, Episode 12 Hello Traders, checkout my previous ideas. Optimum stop-loss for long positions: Under 1984$ Don't forget to risk-free your positions. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
BINANCE:ETHUSDT COINBASE:ETHUSD Hey everyone, According to Ethereum's pullback pattern, the price can continue its downward trend until the level of 1812, But the daily trend is bullish. Warning: If the price stays above the 1854$ level, Ethereum's upward trend will continue. Divergence of important indicators are indicated in the chart Please share ideas...
ENGLISH: By paying attention to the consistency of the IDX:ERAA market movement, it can be predicted by using a descending parallel channel and three repeating patterns, the ERAA market will bounce to 525-540. If there is a daily market opening above 540 then there is a high probability that IDX:ERAA will break free from the bearish trap and return to...
Bitcoin are performing Shoulder Head Shoulder and almost completed. The target will be on Red box and maximum pain will be to yellow box. The other technical analysis are descending parallel channel and three drive pattern. They are point the same target about the dump, which is 26K and next target will be 23K-22K
After some careful consideration of the price action I realized that CABLE was making a very RARE, DOUBLE HARMONIC pattern called the 3 drives. In this case it appears as though CABLE is creating a BULLISH THREE DRIVES DOWN harmonic pattern. Which would frame our sells at this point and give us a nice potential EXIT to any CABLE sells at point #3. From point #3...
Lines drawn to candlesticks, before I switched to line chart so it was easier to read. The previous 2nd drive was near 127% of the previous. So this could be a 3 drives down setup to break out of the falling wedge. This current scallop move should top out in the 11.2-11.4k range. Then it will fall to about 10k for the bottom.