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Double Top or Bottom

Neogen Corp | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Neogen Corp - Double Formation * A+ Set Up | Short Bias Sentiment | Subdivision 1 * Retracement 1 | 0.5 & 1 - Triple Formation * 012345 | Wave 3 & 4 | Angle 1 | Subdivision 2 * Neckline | Pattern Involvement | No trade(Reversed) * Retracement 2 | 1, 0.786, 0.618 & 0.5 | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:NEOGShort
by TradePolitics
CRV potentially breaking above a Double bottom neckline hereCurve like any other altcoins has responding very parabolically to its goldencross. It has now gone above a potential double bottom neckline, however, as much as it has pumped recently I would not be surprised to see it correct back down below this neckline for a bit. If it does that it may form another neckline slightly higher for a potential inverse head and shoulders pattern. If it does just continue up fro here instead then the target shown on the above chart is the ost probable one to expect. *not financial advice*
COINBASE:CRVUSD
by DrDovetail
POWERGRID MAY FALL DUE TO DOUBLE TOP FORMATION DOUBLE TOP FORMATION : powergrid has formed a perfect double top pattern on weekly timeframe and seemed to be positioned for further fall. Although it had shooted up suddenly 2 weeks back due to the uncertainty which bubbled up surrounding maharashtra election which affected whole whole stock market. But after the release of the election results it has started going down again BEARISH DIVERGENCE : Apartfrom double top it has also formed strong bearish divergence pattern on the chart with 2 divergent peaks having formed on chart & rsi 4th mar & 29th july respectively indicating strong bearish momentum for powergrid BEARISH MACD : macd indicator has also become extremely bearish with macd line hovering below signal line by large margin PROFIT TARGET : The stock will fall till 299 level which is 22 points away from current level
NSE:POWERGRIDShort
by peace_lover
Apecoin chart per request.I’m not entirely sure how this chart will play out, currently looks like this chart’s price action is heading towards this brown trendline that will either serve as a double bottom neckline or if it holds resistance for a candle or few t will become the top trendline of a valid descending channel at that point, either way the target would be the same for a breakout from either pattern, won’t be able to dial in the exact placement of the dotted goldenrod colored measured move line until price chooses where it’s going to trigger the breakout but I believe I have arbitrarily placed it in a close enough radius to get a within the ballpark of a decent price target guesstimation. Once again we see a big bullish pump coinciding with the golden cross as well. *not financial advice*
COINBASE:APEUSD
by DrDovetail
Goldencross even causes coins like EOS to go parabolic You know when even a long considered dead coin like EOS also responds with a parabolic pup on the day of its golden cross that at this point my hypothesis has to be proven. This is like the 20th example I’ve given of this occurring the same day as a chart’s golden cross. Remember this behavior the next time alt season begins during the second parabolic leg of a bitcoin bullrun. Anyways I never expected to chart an EOS chart but here we are. Would normally never hold this coin but do see it as an opportunity to at least take a position in it to its eventually double bottom breakout target. *not financial advice*
COINBASE:EOSUSD
by DrDovetail
4
Long-term Cup & Handle PatternA long-term cup & handle pattern has formed in Nintendo (I have been buying during the "handle" formation). It's not a perfect setup as the top of the "handle" is higher than the high near the end of 2007, although that's in the chart adjusted for dividends. It looks a lot more clear on the chart that's not adjusted for dividends (I will post an update with that). Additionally, the "cup" formation is pretty deep, which likely limits upside from here. Therefore, I think a 50% rise is possible if it can decisively break out above $16 on a monthly closing basis. (This would be a price target in the mid-$20 range; more may be possible, and would be welcomed, but at some point I would have a stop loss in mind and hopefully it would continue to run for a while. I will update this idea if/when that happens.)
OTC:NTDOYLong
by PatientContrarian
Quant’s big green candle today coincides w/ its goldencrossJust like so may other alt coins around the market, Quant exploded upward on the day of its golden cross as well. There’s a slight chance t could pull back from here in which cae then it could possibly form a right shoulder of a potential inverse head and shoulders and give people a chance to enter in lower before the next leg up, or it could just keep pumping right through this current tan colored resistance line and continue up to the purple neckline of it’s massive double bottom pattern. Ether way whenever it flips that purple line to solidified support,the breakout target can send Quant all the way back up to its old all time high, likely making a new all time high in the process. Looking forward to seeing where this one goes. *not financial advice*
COINBASE:QNTUSD
by DrDovetail
VNET Up +- 40% From Potential Double Bottom. The Big Picture.VNET is Up +- 40% From the Potential Double Bottom. Remains Extremely Risky and Speculative. However, ones best returns are often seen from these Risks. This is also a China Trade, and not a Long Term Investment. However, the prior Levels do show GREAT Potential for further Upside. I started to nibble on the Bottoms with only a few $100 and is working for now. Follow the Larger Trend. Use 2 to 3 time frames to see the 30M, 4H and 1W Trend. Make your decision's based on the Larger 1W Trend. This is a Speculative 6 - 12 Month Trade. I also use the IMACD indicator to see the rate of change, also the CCI Stochastic. As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions. Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away. Regards Graham.
NASDAQ:VNETLong
by hitchcoxg
1
Cardano - Repeating the +3.000% bullish cycle!CRYPTO:ADAUSD is creating price action like back in 2020 and we might see a rally soon. Looking at the higher timeframes allows you to massively capitalize on overall market swings and cycles. Especially when it comes to Cardano, these cycles are pretty rewarding but also pretty predictable. At the moment, Cardano is repeating price action; we saw the same pattern playing out in 2020 and this break and retest was followed by a rally of +3.000% Levels to watch: $0.42, $0.25 Keep your long term vision, Philip - BasicTrading
CRYPTO:ADAUSDLong
by basictradingtv
38
Planet Labs Bottomed?Promising company, promising tech. Looks like it already bottomed, if not in the process of bottoming. CEO came from NASA Ames research lab, invented micro-satellites. Found much cheaper ways to produce them, put a large (if not the largest) array of them into low earth orbit and are taking daily high resolution photos of the entire planet + AI tools to analyze changes or notice similarities across the earth. Very valuable information to be gleamed from data like this. Targets = $4.38 and then $5.51, pre-req of breaking and holding above $2.77. Not far from ATLs now. Good entries anywhere under 2 bucks, or even where it sits now if you don't mind a litte extra risk.
NYSE:PLLong
by dudebruhwhoa
Flare breaking up from falling wedge that is also a bullpennantThe shorter dotted purple line is the breakout target for just the falling wedge alone. The much longer dotted purple line is the measured move / breakout target line for the entire pennant. As we can see the price action has treated this longer dotted purple line as exact wick resistance here now as it begins its ascension to the breakout targets which helps tell us that this measured move line is indeed a very valid one. We can also see an impending golden cross just around the corner for flare as well at which point I expect it to get the same bullish impulse most of the alt market has been getting after their golden cross happens. If we hit the full breakout target of the entire pennant, that will take price action above a double bottom neckline as well which wll then lead to the opportunity for an even bigger breakout target. *not financial advice*
COINBASE:FLRUSD
by DrDovetail
2