The weekly chart of SET:PROS is a great example of cup and handle pattern: - the shape is "U", not "V" - the cup is not overly deep - the handle is also not overly deep, it is in the top half of the cup - the volume is decreasing in the handle Target: the cup is about $0.4 high (between $0.2 and $0.6), then the target should be around $1.
#PROS The price is moving in an ascending channel on a daily frame After the last dip, a recover is expected to move the price above $1.
The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
This easy Adam & Eve Top can give traders a high profit short sale opportunity. The price usually don't draw a third high prior to entering a bear market.
Bitcoin has experienced a significant upward trajectory, starting below 16k and reaching a peak at 31k. It is anticipated that the next phase will involve a corrective visit to the Fibonacci level of 0.618, estimated to be around $21400. However, I believe Bitcoin may dip slightly further, potentially settling around the 20k mark, which aligns with the support...
Analysis on Bitcoin (1H timeframe): first some little break under the flag, followed by the confirmation and then probably the real break to the 29k - 29.5K area will follow.
Price channels are a trading concept that is borrowed from the traditional trend line concept. Instead of plotting a simple trend line, the price channels comprise of two trend lines, upper and lower trend lines. Trade signals are taken when price breaks out of the upper or lower trend lines or the price channel. When combined with support/resistance methods and...
Bump and Run Reversal Bottom Pattern The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
What is Double Bottom Pattern? The double bottom pattern looks like the letter "W". It indicates an trend and momentum reversal in a particular asset. It is best for analyzing the intermediate to longer-term view of a market. Double Bottom Pattern one of the most reliable reversal pattern after Head and Shoulders Pattern. How does Double Bottom Pattern Work?...
Bullish harmonic pattern marks a potential reversal zone for PROSBUSD. Important Note: This idea doesn't include any financial advice. Take your own risk.
Bullish bat pattern marks a potential reversal zone for UFTBUSD. See my previously published post for more context on this chart. Important Note: This idea doesn't include any financial advice. Take your own risk.
Weekly chart for PROSETH. It looks like we have a Cup&handle chart here, haven't we? What do you think? Important Note: This idea doesn't include any financial advice. Take your own risk.
Weekly chart for UFTBUSD . It looks like we have a Cup&handle chart here, haven't we? What do you think? Important Note: This idea doesn't include any financial advice. Take your own risk.
$PROS should seen an increase after two months of red numbers. Very interesting project, very small MC, very big grow potential. Still, no guarantees, make your own research!
Projection based on Elliott wave analysis. This idea doesn't include any financial advice. Take your own risk. I'm just a schizophrenic guy who is talking with himself.
Important Note: This idea doesn't include any financial advice. Take your own risk. I'm just a schizophrenic guy who is talking with himself.
PROSPER/ETH - Gartley pattern. Target: 1.618 level (1 $PROS = ca. 0.0038 ETH). Have a good day! Important Note: This idea doesn't include any financial advice. Take your own risk. I'm just a schizophrenic guy who is talking with himself.
Hi guys, this is my first published idea, so please be nice :) I think there is a nice XABCD pattern on the ONTETH chart, I am following it for 1 - 2 days and it seems to go right and I wanted to share it with you. I don't know myself very good with writing chart on Trading View, so I hope I've made a good draw and you can see it too. This could be a nice reversal...