Tripplebottom
GAS/USDT ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Triple Bottom + RSI OverSold
🟠 EP 7.725
🔴 SL 7.430
🟢 TP1 8.024 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 8.319 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 8.609 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
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Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
SCHAND triple bottom breakout with volumeCMP 214.60
Recent Results : Growth in Operating Profit with increase in operating margins (YoY)
Near 52 Week High
Stock gained more than 20% in one month
Strong Momentum: Price above short, medium and long term moving averages
Highest Recovery from 52 Week Low
*Not recommendation. Do your due diligence
S. Chand Group is an Indian publishing and education services companies, founded in 1939 and based in New Delhi. The publishing house prints books for primary, secondary and higher education sectors. It was the first company in India to get the ISO 9001:2000 certification
XAUUSD Short this coming weekHi traders,
We had an awesome week with the volatily FOMC created on the markets, #XAUUSD/#Gold Closed below our daily trendline on thursday and failed to beat it on the retest on Friday. We now anticipate gold to plummet for the next few weeks to retest the neckline of the tripple bottom that was created a few months ago. We will wait for a confirmation then before we go long.
For now we're selling.
Discalimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
BTC: BREAKOUT! READY TO GO $18K!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. BTC is going exactly as we told you in my previous update. When everyone turns super bearish in the short term and expects $13k-$14k, I told you that this is just a triple bottom and we got a good bounce from here. Hope you listen to my advice and made good money.
Now, what's the next possible scenario from here?
BTC is breaking out the trendline and currently looks like a retest. If it comes down to $16.2k-$16.4k then it would be a good dip to enter. After this successful retest, I'm expecting the price to touch the $18k level from here.
And what happened after touching the $18k level? Will update this scenario in my next analysis.
So from now expecting more greenery in the market in the next few days. Let's see how this plays out.
Also, will update a few Altcoins setups in a while.
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Also, share your views in the comment section.
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BTC: BOUNCE INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC once again goes below the $16k level and everyone is extremely bearish at this point in time. Everyone is waiting for $12k-$14k from here but I don't think it is coming so soon. Maybe a short squeeze first from here to liquidate all the late shorts.
According to the chart, BTC has a good support range of $15.7k-$16.1k level and forms a triple bottom type structure. I'm expecting a bounce from here up to the $18k level.
Invalidation:- Candle close below $15.5k
What do you think here? Do you also think we can get a bounce from here or do you think that it is going straight down from here?
Share your views in the comment section.
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XRP/USDT Double Bottomxrp/usdt Create Double bottom Chart pattern on binance at 4h time frame
What is Double Bottom ?
A double bottom pattern is a classic technical analysis charting formation that represents a major change in trend and a momentum reversal from a prior down move in market trading. It describes the drop of a security or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound (that may become a new uptrend). The double bottom looks like the letter "W." The twice-touched low is now considered a significant support level. While those two lows hold, the upside has new potential.
In terms of profit targets, a conservative reading of the pattern suggests the minimum-move price target is equal to the distance of the two lows and the intermediate high. More aggressive targets are double the distance between the two lows and the intermediate high
What is Tripple Bottom ?
A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level.
The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels.
BTC LTF QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is forming a descending triangle pattern in 2hr time frame and currently trying to break out from the triangle. We have strong resistance at the $16.8k level. From here, we have two possible scenarios:-
* One is we reject from here and might touch again the lower trendline of the triangle ($15.8K). If BTC holds and bounces from the $15.8k level then the triple bottom scenario played out and we got a decent bounce.
* The Second scenario is that if we break out and close above the triangle ($16.8k) then we go for higher resistance which is at $17.8k and $18.6k levels.
If we look in the HTF and zoom out our chart then we must retest the $18.5k level before any new low. Let's see what happens.
What do you think which scenario will play out according to you? Tell me your opinion in the comment section.
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Stellar XLM - Huge dump is incoming! Falling wedge + triangle
On the daily/3D chart, we have a pretty strong bearish downtrend. We just hit a brand new low a few days ago, so it's really not looking good at all.
We can spot a triple bottom, which is usually a sign of a descending triangle pattern or a rectangle continuation pattern. There is a lot of liquidity below this level and the market usually comes for the stop losses.
The chart is printing a falling wedge and a local descending triangle. Both of them have a bearish bias until we break these patterns.
We deeply need to go down for the final fifth impulse wave to complete this ABC correction. Because otherwise, if we pump now, then this structure was an impulse and it's going to be a dead cat bounce rally, followed by another bear market below 0.026 USDT.
XLM is a great coin and I believe we will have a massive pump in 2023-2024, but for now it's still bearish and we need more confirmation to buy this altcoin.
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OGN, reliable level to go in. Hi, it's very logical in my opinion. First of all, bitcoin is $20k and every other asset has big discount. If you believe in this project and you check history you see $0,27 isn't very much for OGN. If you look at the left side, history shows that on this level we are NOW on, traders are most confident in buying/selling. So I expect heavy price action. Also, you see a tripple bottom (recently made) The green area is a level that is tested, failed, tested, failed and now I hope that it is going to find support.
Don't mind my English, I'm a foreigner.
GBP/NZD BREAK THE 4H TRIANGLEGBP/NZD traded lower yesterday, but the slide was paused slightly above the 1.9030 territories, which has been providing decent support since March 7th. After this date , the price tested this support several times, confirmed it as strong support, and formed a triple bottom. Overall, the pair has been oscilating in trendless fashion between that barrier and the 1.9370 zones since March 4th, and thus, despite the prevailing trend being to the downside, investors will adopt a flat stance for now.
Looking at our oscillator indicators, we can clearly recognize convergence confirmed on both MACD and RSI indicators. This will pay attention to the bulls on the market, but they will start examining a bullish reversal upon a break above the upper end of the triangle, at around 1.9165. This will confirm a forthcoming higher high and may encourage advances towards the 1.9185 barriers or the 1.9350 hurdles. If neither barrier can stop the bulls, then a break higher could open the path towards the peak of March 3rd, at 1.9780.
In order to start a broken triangle is confirmed whether the prevailing downtrend has resumed, the traders would like to see a clear break and test below 1.9030. This will confirm a forthcoming lower low on both the 4-hour and daily charts and may initially pave the way towards the 1.8855 barriers. If that barrier cannot stop the slide, then its break may see scope for more significant declines, perhaps towards the low of January 6th, 2021, at 1.8615.
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USDCAD Bullish possible tradeHTF (D) - The market has been in a bearish movement and now started to form an ascending channel.
HTF (4H) - Broke from a descending channel after touching 3 times into the bottom of the daily correction move, with a nice impulsive move out to the upside, indicating a good bullish opportunity.
LTF (1H) - The market now needs to show a nice correction pattern before continuing its bullish momentum.
BITCOIN Bullish Breakout! Buy!
Hello,Traders!
BITCOIN was trading below a falling resistance
But then establsihed a tripple bottom
And now we are seeing a bullish breakout
Which makes me bullish biased
And the probability of a move up is high
Buy!
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USD-JPY Bullish Bias! Buy!
Hello,Traders!
USD-JPY has retested a horizontal and rising
Support cluster, then established a tripple bottom
And is now breaking out of what looks like a bullish wedge
So I am bullish biased right now
And I think there is a good change
For the pair to go up
Buy!
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See other ideas below too!
DOGECOIN FORMED TRIPPLE BOTTOM PATTERN
dogecoin formed tripple bottom pattern on daily timeframe
* can go up but need confirmation
AUDCAD possible setup*The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market.
*There is an existing downtrend.
*The three lows are roughly equal in price or rather at the same zone, we can see this from the horizontal trendline
*The volume drop from the 2nd touch at the resistance level could be a sign that bears are losing strength.
expecting price to push further up as the price breaks through the final resistance.
Tripple Bottom Pattern in JKCEMENTTripple Bottom Pattern in NSE:JKCEMENT
A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears). A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance.