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Bullishreversal

SUPER/USDT Update: Looking at a bullish reversal, 300% recoverySUPER as a newly NFT project shows some volatility. SUPERFARM is around the corner and good news are coming in. The downward parallel channel has been broken. Currently it looks like we found support and even went through the first resistance. SUPER showed some trouble breaking the second line of resistance but this is just a matter of time. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
MSFT Reversal Head and Shoulders- BullishAs you can see from the chart, MSFT broke out of a symmetrical triangle formation right around January 20th and enjoyed a very strong uptrend for about a month. We can see a clear break in this uptrend around February 18th just based on price action and we can also see that at this same time our fast EMA's quickly turned silver indicating a weakening of the uptrend. Since February 18th we can see that MSFT has formed a reversal head and shoulders pattern, with the head bouncing perfectly on the previous broken resistance line from the symmetrical triangle formation that it broke out of at the end of January (new support level). In addition to my T.A, I also have a strong price target for MSFT based on my fundamental analysis and believe $275-$300 price target is very possible.
NASDAQ:MSFTLong
by LivermoreGrahamDisciple
Is #ADA #CARDANO Finally ready for a reversal? - #ADAUSDTI still think it's not taking too long for #ADA to make a move. This looks like a reversal. Some people including myself are really tired of seeing Cardano bleed like this. This beautiful project and also we do deserve better. Let's hope it's a breakout to a new ATH this weekend! What do you think or see? Please let me know in a comment, would love to see this shared or just push that like button if you agree. - Try to open your entry if the price will show it according to your OWN strategy. - Don't forget your SL - It's also important to keep an eye on #BTC at the moment *Remember: This is just an Idea, no financial advise!
Long
by Ayari
6
BTCUSDT Bullish price action on 1H chart may be bottom formingI am not saying this with certainty but these are the types of price action that I watch out for if I want to trade reversals. We seem to be forging a possible higher low with the current price action. Could this be the first higher low that kicks off a bull leg? I think the context is valid for it so something tells me it is but we need confirmation first. Looking to see if a higher high materializes from here. Note that a reversal here is lower probability (maybe about 40% chance or less) so this is definitely not trading advice.
Long
by thedailychartist
possible bullish reversal in buy zoneseveral touches of the yellow down trend line suggest next touch should break up. Very bullish the second touch of the red line didnt break, and was bought up quickly. I expect price to break out past the yellow, briefly test the green trend line, before running out to retest the ATH @ 8.9 It probably will bounce off the ATH, which might have good entry opportunities before breaking ATH and going into price discovery. This climb could be a fast one
Long
by pokp
USDJPY With Several Evidences For A Potential Bottom FormationHello traders! Today we will talk about weekly USDJPY chart and we will show you many evidences for a potential bottom formation. Well, for the begining let's talk about wave structures from Elliott Wave perspective. USDJPY is in a downtrend since March, but the wave structure is slow, choppy and overlapped which we see it as a complex corrective W-X-Y decline and we know that once corrections fully unfolds, we can expect a reversal. The next very important evidence is an ending diagonal (wedge) pattern placed in third leg Y. The ending diagonal is a special type of wave that occurs in wave 5 of an impulse, or wave C/Y of a correction. This wave often occurs when the preceding move of the trend has gone too far, too fast and has run out of steam. An ending diagonal pattern is a type of pattern that can occur at the completion of a strong move. It reflects a “calming” of the market sentiment such that price still moves generally in the direction of the larger move, but not strongly enough to produce an impulsive wave. Ending diagonals consist of five waves, labeled 1-2-3-4-5, where each wave subdivides into three legs. Waves 1 and 4 overlap in price, while wave 3 can not be the shortest amongst waves 1, 3 and 5. The reason why they are so interesting is because they are indicating a reversal, usually a strong one. The next interesting evidence is that we are already seeing bounce and recovery with quite big weekly candlestick, completely covered the previous one, called bullish engulfing candlestick formation which also suggests a bullish reversal from the lows. If we also consider current break above strong weekly trendline, then with so many evidences, we can easily confirm a potential bottom and bullish reversal. Trade well! If you like what we do, then please like and share the idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Education
by ew-forecast
1
TLKM - BULLISH REVERSAL - DOW THEORY (INDONESIA STOCKS EXCHANGE)TLKM BULLISH REVERSAL AFTER SEVERAL ROUGH MONTHS OF ITS BEARISHNESS, TLKM START REVERSE TO BULLISH, FROM DOW THEORY WE KNOW THAT MARKET MOVE IN A PRIMARY, SECONDARY AND FOLLOWED BY PRIMARY AGAIN JUST LIKE AB = CD, TLKM ALREADY DO HIS PRIMARY AND SECONDARY BULLISH REACTION, NOW TLKM START TO FORMING HIS PRIMARY REACTION WHICH WILL LEAD TLKM TO AROUND 3700 - 3720 WHY THAT AREA? THE REASON IS 1. WE CAN SEE A GAP AROUND 3700 2. THE GOLDEN RATIO OF 1.618 FIBONACCI EXTERNAL RETRACEMENT ALSO STOP AT 3720 (XAY). SO THE FIRST POINT AND SECOND POINT CLUSTER AT THE SAME TIME CUT LOSS AREA SHOULD BE 3150 REASON : 2ND SWING LOW ALREADY MAKE A HIGHER LOW AND IF BREAK THE FIRST LOWER LOW THEN IT MIGHT GO TO 3060 AND GO UP TO CHASE THE 3700 TARGET 3060 IS THE AREA OF FIBONACCI XAB FOR THE FIRST PRIMARY OF THE BULLISH DISCLAIMER ON !
IDX:TLKMLong
by RupinGoh
3 of 3 Candlestick Patterns That Pinpoint ReversalsBullish Hammer Candlestick These candles are easy to spot and they generally have taller wicks than their bodies, resembling a hammer's handle and head. They tend to close without (or with very little) upper wicks. Here's what a bullish hammer candlestick is telling us: Price opened near the highs of the candle and although sellers initially succeeded at pushing price lower, they lost the final battle when buyers tipped the scales in their favor again by closing price higher than the opening price.
COINBASE:BTCUSDEducation
by Tradingstrategyguides
EURAUD 15M ASIAN SESSION BULLISH REVERSAL 1 of 3 Candlestick Patterns That Pinpoint Reversals. When I'm analyzing a market, there are only 3 candlestick patterns that I'm worried about. Over the last decade, they have proven to be the most accurate at confirming entries at the areas I want to trade. 1 - BULLISH REVERSAL CANDLESTICK PATTERN. The image above shows a bullish reversal candlestick, and you'll notice that it's a singular candle formation. Here's what a bullish candlestick is telling us: Price made a new low, but selling pressure very quickly dried up as an increase of buyers entered the market, resulting in the candle closing high off its lows, signaling buying strength.
Long
by Tradingstrategyguides
The most decisive moment for Bitcoin. 2 more days at MOST!Hey everyone Looks like bulls are trying to push the price above that 7000 mark. This could be a big fake-out before the price eventually goes down below 3k, probably all the way down to 1k. We could even see a 3 digit bitcoin price for a very short while. Who knows! everything is possible with bitcoin. In details: The two red lines show us a rising wedge. Rising wedges, by nature, are bearish patterns. It is 69% likely to break to the downside. If we were to draw these two red lines differently, we would see a bear flag. That is also a bearish pattern and is most likely to break to the downside. If we were to take this rising wedge as a bear flag instead, then Bitcoin has the chance to see one more leg up before it breaks to the downside. That would eventually give us a target of all the way down to 3000k and eventually lower. At the time of writing this post, the price is battling at 7060$. The rising wedge will be invalidated if Bitcoin breaks above 7,600$ area.
COINBASE:BTCUSDShort
by UnknownUnicorn1866407
BITCOIN BULLISH - BUT HEADING SOUTH FIRST!Hey all! Hope everyone is having a geat day! ... errr night. errr wait. Morning. Whatever time of day it is -I hope you're enjoying it. Update to my previous 5 published ideas. We look to be continuing to play out the larger CUP AND HANDLE BULLISH REVERSAL PATTERN over -all. The tricky part has been ID'ing the HANDLE structure and where to expect BTC to begin it's break out. It's looking a bit more clear now. ALSO! - Keep your eyes and ears out tomorrow into Monday morning with the Stock Market opens... For a better take on the this, check out @davincij15 's Tweet: twitter.com What do you think? Would love to hear your take on this price action. Cheers-
BYBIT:BTCUSD.P
by BitCapJNY
POSSIBLE BULLISH SCENARIOHey guys.. in my previous post, I suggested I'm walking away from this for a little bit -but decided to take 70% of my bag offline and see if I can't flip the remaining tonight. Here is what I'm looking at. Eyes on MONEY FLOW, VOLUME, VWAP, RSI, and looking for momentum changes on the MACD.. If we fall to the downside of this BEARISH PATTERN (some say symmetrical triangle, some say Bearish Pennant) -we could be setting up for an INCREDIBLY BULLISH DOUBLE BOTTOM! Bitcoin LOVES the DOUBLE BOTTOM reversal pattern.. Waiting to see PA develop a bit more, will be back with my strategy once I know more. What are you guys n gals thinking? Are you seeing something different? Pls comment below -let's all put our brains together on this! Also - If you're trading on BITMEX... WHY???? Please join the #BOYCOTTBITMEX movement. EFFFF those criminal pieces of sh!t. Your favorite sh!t talker -BitCapJohnny :)
BITSTAMP:BTCUSD
by BitCapJNY
Reversal? Waiting for BTC to show signs of a BULLISH REVERSAL. Currently - Looks like we're at the decision point of a V Bottom.. Waiting for the break out of the GREEN BOX If we break below this box, a potential double bottom reversal is in play, if we hold support on the 38.2% FIB RT. Just being completely honest -BTC is not giving me ANY clear signs it wants to break out.. so, if the V Bottom confirms, I will enter a small trade -but other than that, just waiting for some development and an eye on VOLUME. What are you all seeing? Am I missing something? Thanks for looking!
BYBIT:BTCUSD.P
by BitCapJNY
STRONG BULLISH REVERSAL? XRP/USD 2D MTFA ENGLISHNovice trader speculation. Use at your own risk. After some research, I discovered a useful combination of moving averages. I will leave the research to the traders, as it should be, but we may be looking at a bullish head and shoulders trading pattern forming on the 2D. As always, eyes on BTC for movement. LOGIC: -XRP and MoneyGram -Under-rated and underestimated cryptocurrency -Multi-ledger incoming -Cheap...currently That's all for today. I would love to keep pushing out ideas but school comes first. Again, I trade paper, and dabble in small amounts of crypto live trading. I am a novice and this is speculation and TA. I do this because I enjoy trading and I enjoy patterns...oh yeah, and profits. Live long and profit. -ZM
KRAKEN:XRPUSDLong
by Z3R0Matrix
1