DOGECOIN FORMED TRIPPLE BOTTOM PATTERN
dogecoin formed tripple bottom pattern on daily timeframe
* can go up but need confirmation
Tripplebottom
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.
✅GOLD WILL GO UP|LONG🚀
✅GOLD has retested a rising support
Of the big rising channel, and established
A triple bottom pattern
Which makes me bullish biased
And I think we will see a move up
LONG🚀
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ETH/USD: Tripple Bottom formation?In this 2nd Ethereum analysis, I'm in H4 timeframe and I look a possible interesting long position in this cryptocurrency. So, we could to forming a tripple bottom. A best bought should be above of $3,200 USD to open long position and confirmation of the price action. And also, the RSI it's forming a lower higher in this indicator where I show you in this blue line. So, this it's just my perspective in the market for that, we need to hope a little more.
It's very important that this possible formation could be invalided if the king Bitcoin drop by bears and continuing sell-off.
BTC Tripple bottom lays foundation for lift offHi All,
Looks like the foundations have been laid to rocket with a tripple bottom.
Selling volume has decreased during each dip
Waves 1 & 2 formed with a potential 3rd being prepared for a breakout.
Watch this space over the next 2 days!
Feedback appreciated
Blockbullder
THE BRITISH POUND BOUNCED BACK AND FORMED TRIPPLE BOTTOMThe 200 days EMA continues to attract a lot of attention, including the 1.3700 level, which offers quite a resistance and support in the past. The price bounced back from 1.3600 level and formed a triple bottom on a daily chart, and created a key support level to which traders from all over the world will pay special attention. If the price will turn around and break down below the 1.36 level, it would negate the possibility of the triple bottom, and it would be an extraordinarily negative sign of things to come. At that point, the sellers would almost certainly overwhelm the market, and it is possible to send the pair much lower to 1.3500 or far below to 1.3200.
If the price break above the high from the last week and 200-EMA, which stops the price several times, it will activate the attention of buyers. If the market is breaking above the zone 1.3900-1.4000 would undoubtedly open up the possibility of a bigger move to the upside. At that point, the investors would become aggressively long of the pound, and it would be possible to test the previous highs from February and May 2021 at around 1.4250.
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AUD/USD Tripple Bottom Tripple bottom formation off daily support level, could see a gap up to 0.73160 before a long term short position.
BTC Triple Bottom in play.Triple Bottom daily pattern in Weekly bullish with Descending volume. Also closing daily above 100 MA Bullish signal.
Measure rule. The measure rule predicts the minimum price move. To use it, subtract the lowest low from the highest high reached in the formation and then add the difference to the highest high. The result is the expected minimum price move.
Wait for confirmation. When is a triple bottom not a triple bottom? When price fails to rise above the confirmation point. Always wait for confirmation.
If Daily closes above confirmation line 41250 we can expect a move at least to 52000
Signal: Order at 41500 SL 39500 Target 52000
Anticipated Break-Out and Retest Continuation Triple BottomAfter a temporary consolidation at support turned resistance zone, we saw a strong momentum to the downside creating a LOW on the 13th May, 2021. Then a correction 61%+ which created triple top pattern with a sell off creating a confirmed (SUPPORT) TREND-LINE on the 23rd May, 2021. With this confirmed trendline in view, we also confirmed a double bottom which later went BULLISH, fast forward to the last bottom which nearly hit the trendline ( But didnt touch), a BULLISH move occurred with the RESISTANCE ZONE been tested and a retest which has lasted for about 4-5 days, seeing this creating a channel up, I am anticipating a break above the and a retest back to the channel creating a support and then a BULLISH MOMENTUM to take a BUY ENTRY. Our target would be the resistance level.
XRP 1HR Tripple BottomTriple Bottoms being one of my favorite plays, I have located one the 1HR $XRP chart. Solid bounces right of the support with ranges marked with Horizontal rays. Gives you a decent idea of where it can go with continued solid volume. This is my first publish, thanks for taking the time to check it out and read. Any recommendation are greatly appreciated. Thank You, happy trading. Go Green Or Go Home.
XRP Current evidenceeveryone keep saying how a retracement is possible without looking at the evidence that the chart provides, there are general rules to the market that are only general at the end of the day and they are there as a guideline.
crypto has proved to be a completely different market than other markets in this world, a market that has rules of its own so it is important to focus on evidence.
this is a fundamental issue that differentiate a smart trader and an emotional trader
we focus about what we want instead of looking at reality, so we start saying stuff we wish would happen like "XRP 15USD" "XRP 70c USD"
the bear wants to buy cheap, the bull just wants to run because he bought cheap.
both wish for an outcome based on emotions and not on logic and psychology of the market, and make trades accordingly.. the failed bear will turn bull in the wrong time and the failed bull will turn bear in the wrong time as well. a balanced approach would get out of the market just in the right time.
without further philosophy lets dive in the current evidence of xrp:
we all know: xrp jumped by 200% from 50c and sold at 1.5c retraced to current levels
the current pattern of the market is: big BULL jump then a retracement to new support.
current support is 1.30 where 2 days ago 1.10 was resistance
there are retracements but they are currently at the 1 hour 45 min 15 min and 1 minute, where chart patterns matter most (currently)
the patterns of the market seem to repeat still and a 4 hour time frame retracement is NOT likely.
at the current time of speaking price is trading at 1.4 and latest small support is at 1.35 the trend is currently going up
the evidence now suggest the price to go up to 1.70-1.75 with a probibility of psychological boost to 1.80 before a retracement back to 1.67
further reading and further historic evidence
xrp formed a cup and handle pattern on the 1 hour time frame from 07.04.21 to 09.04.21 price broke out at 10.04.21 and led to a boom that is our current price
the current formation that holds our chart is an inverse head and shoulder that broke out at 0.57
the head and shoulders that broke down from ATH brought us to 0.18 cents so we could only speculate that the head and shoulders bottom that was formed half a month ago is almost as strong
market psychology: people will keep join the ride as long as the price acts like bitcoin rise to 60k glory, with a lots of supports and huge moon rides.
when will we bear??
look at the 1 minute time frame and predict tops and bottoms, trend is your friend to not lose money and gain money
when will we bull?
after a sharp top there's most likely be a drop, find your positions and join the support line(just like the chart shows)
stop loss? after major support breaks, look for a triple top on the 1 hour.. that would be enough to retrace price on the 4h (but not change trend)
when will price trend shifts??
4 hours/daily time frame will produce a chart pattern, most likely a head and shoulders top just like in 2018 could be something else, as long as its major and bearish..and breaks down
when will trend shift happen?
hard to tell. especially when parabolic.
not a financial advice, trade at your own risk
DODOUSDT BUY OPPORTUNITY - LONG TO $4.5 THEN TO $7This is the perfect price ($3.4) to buy and hold till it reach $7 which equates to 100% return on your investment. Fund me so that I can invest too😩..
As seen on the chart, we have a possible triple bottom pattern. Therefore, I expect price to go long to $4.5 and if it continues in that direction, head towards $7
But if price does not break the supply zone within $4.738 and $4.550 upward, then I expect price to short to $3.4 again (which makes it a ranging market)
What do you think?
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Possible tripple bottom so First target $243 then $254Less plausible than my last idea in the short term but possible too.
Not a financial advice.
Long Position: Tripple bottom on Euro/Sterling PoundEuro/Sterling Pound is be prepared for the next movement toward the 0.92 Pound. That is great opportunity to put in long position in Euro to find up 220 pips. Also, looking in H4 timeframe, the we formed a tripple bottom and that suggested a possible massive movement bullish in this par.
And finally, Euro.Sterling Pound in Daily timeframe it's bullish, but formed a bullis hrising wedge as we see in H4t timeframe a formation of tripple bottom. And remember, the trend is the direction in what the assets it's leading it.
Fundamental Keys:
1.Pound to Euro Exchange Rate edges higher on hopes of last-minutes Brexit deal.
2. Sterling edge higher today despite it or leave it appproach to a post Brexit UK-European Union trade deal.
3. Michael Gove, U.K. Senior Cabinet Minister, commented today the following
IN fact, we hope that Eurozon will change their problem and position.
4. Sterling investor remain confident that the UK and European Union could strike a deal last minute
5. Angela Merkel, German Chancellor saw that all agree that Europe needed to show a degree of compromise in order to secure a Brexit deal.
6. Mr. Sin Jon Cunlife, the Deputy Governor for Financial Stability at the Bank of England commented the following:
Any dovishness about the British economy in the months ahead would prove a Sterling-negative.
7. The Euro sinks as safe-haven demand slides an improving Chinese Economy.
8. The Euro suffered today following news that China has been the first big economy to rebound from the covid-19
9. In Eurozone economic data, today will see the bloc's latest construction output the pandemic. But, if the Eurozone economic data, today willl see the bloc's latest construction output data for August. So, any improvement in Europe/s nation construction sector would prove an Euro-positive
So, the fact that we see a higher on what UK government make, that not a good position that Sterling Pound goes to up, but we would needto take in noticed in the Brexit could be a limited capacity, that mean that Euro could to prove more positive than Pound.
I put my buy order limit at 0.9043 with 54 of SL and my own target will be 220 pips.
We buy U.S. Dollar for the United States for specualate newsHello, in this analysis, U.S. Dollar/ Canadian Dollar about the specualte news on the FED today!!!
On H4 timeframe, we look a tripple bottom, that it's a bullish signal that bulls are still the trend!!!
And the RSI indicator in H1 timeframe show lower higher, that is a good signal for U.S. Dollar recuperation. Also, in H4 timeframe we found out a principal up trend making lower higher, that is a good point to entry in long!!!
Well, I proyect a take profit of 145 pips and 30 pips of SL. But, we need to put a buy order limit at $1.3181 USD to continue buy U.S. Dollar
Fundamental Keys:
1. U.S. Dollar softer as sentiment recovers on vaccine hops and deals.
2. The Dollar dipped agains riskier currencies on Tuesday as hopes for a Covid-19 vaccin and big corporate deals improved investor appetite for assets such as the yuan and the euro.
So, effectively we see a recuperation of one of the world's major economic, so we still udpated in this par!!!
Good luck!!!
Euro is leaving at the demand zone: Tripple Bottom!!!Hello, in this analysis, Euro continue still on the bullish channel, but now we are in H1 timeframe with a possible bullish movement when the EUR touch the trend support line at $1.18 USD. Then, the only that we need to stay alet is to hope a bullish candlestick confirmation to entry in long position until the $1.1932 USD.
But, as today the U.S. Dollar is grow up their value, we hope that Euro for the next hours hoping long position, because we see a possible formation of tripple bottom, that is a buy confirmation with just hoping the confirmatiion of the next hours to formed the bullish candlestick.
Also, as today we seeing a US Dollar that have a gains today about the U.S. jobs data on Friday past week that that we could see a recuperation for medium term.
DXY at a critical level of supportSeems like breaking through the support could make the DXY plummet even more.
Possible Tripple Bottom in formation!!!Hello guys, in this technical anlaysis, I want to discuss you about a nice position on Sunday today in Bitcoin, well, yesterday I will closed up my position in long because I send you my screenshoot in the nights hours that Bitcoin has the possibility to go to down, and was success as I predicted in my screenshoot send you an alert and was reccomendaly to closed position in long and wait for formation for today. That screenshoot I believe that I sent you in the Ethereum technical analysis, in the latest updated.
Well guys, let's me see to explain you why Bitcoin it's has a formation of tripple bottom.
So, look it in H1 timeframe, Bitcoin is in the strong support and it's seem that Bitcoin it's make this support to bear don't drop the price below of $9,000 USD, that is a fight with bears and bulls.
Also, in the H4 timeframe we see a Bitcoin into this rising wedge into this bearish channel, that rising wedge have the epectative bullish, that is a singal of that Bitcoin is support and support that Bitcoin doesn't go to below of $9,000 USD, and also, that include a possible formation of Altseason, it's resum down of there: Altseason is when Bitcoin is consolidated and watching the Bitcoin dominance, we need to found out if Bitcoin there are a possibility that altseason is go to jump the price agains the XXX/BTC pars, that grow up each altcoin in Bitcoin value. Thi is the definition!!!
Also, we have this chartist pattern, it's till dont' valided, so, these spend that tripple top it's help to form the Shoulder Head Shoulder inverted, that seem that Bitcoin is resist for above of $9,000 USD, that support my idea and technical analsysis, I don't believe that Bitcoin drop, because bulls are show us that they have force, also lets me see if the bulls continue up, easily the Bitcoin is going to reach more of $10,000 USD, and my technical analysis of weekly it's could be invalided if Bitcoin continue with the strong trend of bulls do.
And finally, in Daily this is the situaton that we are now. Now, this point are important for watching in Daily, if Bitcoin show us that have force for bulls investors and bulls trader, that is a fake that is a bull trap for bears and the ascendent triangle it's could be extent the support line diagonal, and the possible to goes to up is highly than to to crash again.
Now, my reccomendation is to hope how the candlestick is closed in the next hours, and also reccomend to hope tha candlestick group that if we identify a bulls are prepared to will they going to carry the price in the up.
Possible formation of tripple bottom: Bull signal!!!Today, we have found down a possible formation of tripple bottom, because this green zone are strong support, and if the price doesn't broke down this support, there are a possibility to continue to up the trend and that correction of elliot wave # 4 it's get validated.
And so, it's a possible bullish signal and we need to stay alert when the price leave at this zone. Well, now, if we look that appears a bullish candlestick signal a hammer, doji bullish or big bullish candlestick, we could to buy at this zone with a Stop Loss considered. As my posiiton are active, so I do not closed up and did you noticed it. because in Daily timeframe we see a bullish.
Also, while the tripple bottom formation, we have in the bullish rising wedge, and this mean a bullish pattern.
But, now in Daily we see very clear the strong support mark in green, and so, if we get the initial of the trend in the blue dark arrow, we can see a poryect more of what I expect of my target profit.
CEMI Tripple bottom CEMI testing the tripple bottom arround the $3.55 mark. Bullish pattern indicater , Needs to break past the 3 resistance points marked on the chart , 3.80 being the first. If the 3.55 fails we could drop down to the $3.30 support line.
Anything under 3.70 looks like a good entry point to me. Looking at the fundamentals the company is undervalued and currently oversold .
Potential catalyst would be getting the emergancy FDA approval back, this could see it move to $8+ rapidy.
SUGAR - CHEAP for coffee! #COMMERCIALS LONGHi traders,
today´s analysis contains information about possible COT trade in the SUGAR. Commercials increased their Long positions, and we are near the extreme SUPPORT level - Edge of the Value area!
Sugar also created a nice REJECTION that confirmed our expectations. Do you remember "Buying tail" from the last videos? Sugar´s tail is one of the most beautiful ones.
Do I enter the trade right now? No!
I am waiting for the 123 pattern that is safer. It´s the last confirmation I am looking for.
Remember - trading is about connecting the dots. And that's what we do in the video.
Good trading,
Jakub
FINEIGHT
