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Vpattern

ETH/USDT : Formed reversal V pattern BINANCE:ETHUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! We have taken all of the Targets on $ETH's short and now, There's a formed reversal V bottom. It's also can be known as a Deviation below the neckline! $ETH has retested the neckline and it could be a good option to take Long towards $1818 as a higher S/R line with a stop-loss below the current local low. I'll split my entries into two points. - $1590 ( First Entry ) - $1565 ( Second Entry ) 📝 The reason that I added $1565 is that we have a swing low below there and $ETH might go for a sweep before any major leg up. Also, You can trade with an invalidation strategy based on a trigger entry above $1670. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
11
KCSUSDT wants to retest the 18$From my previous analysis we made more than 27% and the price followed my drawing. Now the price is testing the monthly as new support after the first rejection. The market created a V pattern on 10$ and now the price wants to retest the 18$. How to approach? IF the price is going to have a breakout from the 4h resistance 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 🦐
Long
by InkyGrip
8
CRYPTO Markets situation(What is going to happen right now?)Hi every one the latest dip in crypto markets was pretty unfortunate for a lot of people. but the dump is only temporary! as you can see we provided some examples for you that shows the market is forming The V pattern! V pattern happens when the market gets emotional and people act on their Greed and Fear!(It is usually associated with high trading volume) V patterns Don't Effect the market trend. In our opinion the market will be back to where It has been few days ago and It would continue the bullish trend! Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
23
GLD Prepare to Long, V Pattern calculation V Pattern (XYABCD) FIB# calculation YA= XY * 1.618 (also could be 1.13, 1.272) AB= YA * 1.272 (also could be 0.786, 1.13,1.618) BC= AB * 0.382 (also could be 0.5, 0.618 ) XD1= 1.618 extension of XY XD2= 2.24 extension of XY XD3= 3.16 extension of XY I will create detailed trading plan according to following price action: 1. If Price goes into demand zone at least 10% 2. if any Reversal candle in demand zone 3. if any faulse breakout 4. If down trendline break near demand zone 5. If a breakaway Gap near demand zone 6. If Bounce up and cross over SMA8 I created similar V Pattern projection on SPY 3/27/2020. It had been proved by market price action. See the linked Related Idea.
AMEX:GLDLong
by PlanTradePlanMM
3
STATUS 4H UGLY DOUBLE BOTTOM LONG TRADE Step #1: Identify two bottoms where the second bottom is at least 5% higher than the first bottom The first step is to identify the correct price structure of the ugly double bottom pattern. Basically, we need two bottoms where the second bottom is higher than the first one. In other words, the price needs to make a higher low. The second bottom also needs to be between 5% and 20% higher than the first bottom. This trading rule will ensure we’re not developing a double bottom pattern. Secondly, it will ensure the downswing leg before forming the second bottom has a proper length. There is one more critical element that needs to be satisfied. This brings us to the second step of our day trading cryptocurrency strategy. Step #2: Bottom 1 needs to develop a “V” shape type bottom The key to this reversal setup is the shape of the first bottom. The bottom 1 price structure needs to be a “V” shaped bottom. The identification guidelines of the V-shaped bottom are quite easy. The price needs to drop in a straight line, and then it reverses and moves up at a slightly steeper slope or at least at the same speed as it fell. The good thing is that we don’t need to spot this reversal pattern on a real live feed as they happen, we can look in hindsight and have the time to validate them. Next, we’re going to outline what key condition needs to be satisfied with our entry strategy and how to buy Status SNT. Step #3: How to buy Status SNT: Buy after we break above the highest point between the two bottoms. The ugly double bottom pattern is confirmed once we break above the highest point between the two bottoms. That’s also the moment when you would want to buy Status SNT. A break above the highest high between the two bottoms will also mark a break in the price structure. Once we break above point B, the price is making a higher high. This, paired with the previous higher low means we can safely assume the market is in the process of establishing a new bullish trend. This reversal setup indicates that catching a falling knife can work, but you need to be patient until all requirements fall into place and only then pull the trigger. This brings us to the next important step we need to establish for our day trading cryptocurrency strategy, which is where to place your protective stop loss. Step #4: Place your protective Stop Loss below the second bottom As we’ve suggested earlier, you can adopt different strategies to manage your risk, but for the purpose of this example, we’re going to highlight one effective way to hide your stop loss. Here is another strategy on how to apply technical analysis step by step. Place your stop loss below the second bottom! Alternatively, you can place your stop loss below the bottom 1, but this requires using a wider SL. Step #5: Take profit at the 1.272 Fibonacci extension level For our exit strategy, we’re going to use the Fibonacci extension toll. You can establish accurate profit targets with the help of the Fibonacci extension tool. We’re going to use the two bottoms and the highest high between the two bottoms as reference points to draw the Fibonacci extension lines. As a day trader, you only need one good trade to succeed in this business. Just imagine how much you can accomplish with one good trade per day. **Note: The above was an example of a BUY trade using the best Status SNT cryptocurrency strategy. Use the same rules for a SELL trade – but in reverse
BINANCE:SNTUSDEducation
by Tradingstrategyguides
BTC update This is update to my previous Idea regards BTC. Based on this chart I assume that 1000$ mark was defended and strong bullish trend should continue for some more time. BTC is making new highest highs while I'm posting this Idea(well at least on this chart). I strongly believe that the BTC will hit 1700 1800$ mark some time in the future. I also believe that 3000$ is very probable as well but I'm not sure when it will happen. I marked strong support/resistance close to 1300$(blue rectangle). This area should be tested and then BTC should move north. Recent informations regarding BTC future didn't change strong bullish trend that much. Please don't take it as a trading advice it is just my thought.
Long
by Krystiannwk
BTC V pattern idea correctionIt is correction to previous chart as the angles were not correct and it looked slightly different as intended. I'm not sure if the angles are changing position as the price changes so I corrected it and let's see if this one will change shape too.  It is hard for me to predict where BTC could go in next weeks or months. I tried to apply known to me tech. analyse but recent movements don’t fit to any of them. I found just one which could be used for “predictions” and it is called V-Pattern. I placed it on the chart(two rays deviated 60 degrees) . This pattern gives us place where we could see some interesting price action. It is marked with blue rectangle .  Fact that 200 Ema pushed price higher with ease above 1000$ mark makes me think that the bullish mode for BTC is still in play.  It is just a thought and it shouldn't be treated as a trading advise
Long
by Krystiannwk
1