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Diamondbottom

Bitcoin – is this the diamond bottom?Hello, everyone! Last two analysis are still actual. Here told you that it is important to see the $50000 breakout because the monthly Central Pivot is here. Today the very rare pattern was formed – the Diamond. Now it is important to see it’s breakout to the upside. In this case the Diamond’s height target bring the price to $51000. This is the chance to break through the Central Pivot. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Long
by Skyrexio
8
KWEB LONG: DOUBLE DIAMOND + CHANNEL BOTTOM + OSCILLATORS1. Price has drawn 2 diamonds (diamond in diamond) at the bottom of the increasing (purple) channel. Buy signal. 2. A cycle with a length of 756 days (25 months) is found, according to which the price is now at the bottom of the cycle. Buy signal. 3. All major oscillators and indicators are in oversold zones and give long signals. 4. It is necessary to remember about the resistance of the local downtrend (orange). * At the same time, the fundamental background in China is still negative. I entered a long position with a trailing stop loss below the lower edge of the small diamond. After breaking through and/or retesting the upper edge of a large diamond, and then after breaking through the orange resistance, I will buy more. In case the price falls, my trailing sell order will save me. Not advice. Not a financial recommendation.
AMEX:KWEBLong
by Dr_Chester
5
XRP Diamond Bottom On 1H ChartWe just formed a perfect diamond, with bullish confirmation! Looking for a run on $1.64 before any chance of another strong draw back. If XRP is going exponential, expect a break of this range with a high chance of retracing from $2 to around $1.72. Another way of viewing this, is from the Wyckoff Method. We are currently testing the "LPS" (Last Point of Support). Thus, the Diamond Pattern forming at the LPS strongly suggests we are now in Phase D of the accumulation event. Zooming out, to the weekly chart, you will notice, that XRP is not only in Phase D of an accumulation pattern on the 1H chart, but also the 4 month chart AND the 4 year chart. Thus, XRP is primed for a 'Super Cycle' price rally over the next 3-4 months, which could lead to prices between $15-$94 dollars, based upon normalized historical price trends for XRP. TLDR; STRAP ON YOUR PARACHUTES! WE'RE HEADED TO LOW EARTH ORBIT! Helpful References for TA Newcomers; Diamond Bottom Pattern in-depth breakdown www.centralcharts.com Wyckoff Method (w/ labelled 'accumulation' chart) school.stockcharts.com *Chart is a repost; cleaned up version of original.
POLONIEX:XRPUSDLong
by Jayed
#LINK, #ChainLink, Who likes #Diamonds?A quick look at #ChainLink (LINKUSDT , 4HR, Binance): LINK is consolidating after a dip that brought its price from $53 to $15 in two weeks, in what looks like a diamond bottom. If the price confirms a breakout, we can see higher prices. Strategy: Hit the TP1 target, or Exit after 50 candles, or Stop loss If you want to read more about ChainLink on CoinMarketCap, click here . What do you think? Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! ------------------------------------------------------ Some of my charts represent actual trades, and some are just paper trading. Needless to say, this is not financial advice!
Long
by BitfulMind
PCZ of Gartley Hit with Bullish Breakout of a Diamond PatternDean Foods has been ranging for a long time at this levels and has recently been showing many bullish signs. I first shared this find a few weeks ago but today things have gotten even better for the bullish argument. We not only hit the PCZ of a Bullish Gartley; We Bounced much higher off of that PCZ, High Enough to Breakout of a long Standing Supply line of a Diamond pattern and now, the Stochastic RSI Seems to want to cross bullishly from the oversold levels after many weeks and months of waiting. If in the next few days we can maintain the momentum we have on this monthly candle and close above this diamond's resistance then i believe that much higher levels will be just around the corner for this asset.
DLong
by RizeSenpai
Looking to bearishly breakout of a Rising WedgeThis is an update to a previous chart of intel where i took 10 months of price action and called a diamond bottom. Now in this new edition i am adding a Rising Wedge along with the bearish crossing of the MACD. Will price action continue to so smoothly follow the rules of the patterns on Intel? We Shall see.. I believe that a reasonable target for a breakdown of the wedge will be towards the 200 SMA and EMA at Around 54 dollars or so.
NASDAQ:INTCShort
by RizeSenpai
Dow "Diamonds" Jones is Forming Something SpecialI do not believe that I have seen such a sequence of diamond patterns, such that, they form an inception diamond top (i.e. a diamond top within a diamond top). Moreover, the diamond bottom pattern is an even more bearish sign than the diamond top. Maybe all the bearishness cancels out and the Dow rips higher. More likely though, this will end in a violent selloff. -ArizonaDiamondPigs TVC:DJI CURRENCYCOM:US30
TVC:DJIShort
by UnknownUnicorn5511258
11