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Threedrivestop

ARUSDT (1H) Long ThermThe information contained herein has been prepared for general information purposes only. The comments and recommendations contained herein are based on the personal opinions of commenters and advice givers. It should not be interpreted as a recommendation to buy or sell any investment instrument or a promise of return. These views may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results that meet your expectations.
Long
by AliHikmetHarun
MATIC: RARE Pattern ! Three Drive spotted 📉📉 MATIC - USDT 📈 The three-drive is a rare price pattern formed by three consecutive symmetrical moves (or drives) up or down. In its bullish form, the market is making three final drives to a bottom before an uptrend forms. In a bearish three-drive, it is peaking before the bears take over. this means that we SHOULD bottom soon, at least. And the next landing zone could be a good accumulation point. At first glance, it may appear bullish - since the price is now consolidating under a "resistance zone", which is normally a bullish indicator when the price is INCREASING, but not when the price is decreasing. This is infact not consolidation under a resistance zone, but should be seen instead as another failed bounce on a key support zone. The immediate price we can expect to see in the short term is 0.59c, however this zone was already tested with a wick - meaning it will be weaker when we head there for a second test. Although it's a great alt to have as a part of your diversified portfolio; I've been bearish on Matic for a while, with my previous update also cautioning sell for short term: _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:MATICUSDT
MShort
by Crypto-Check-
3
🚀 DOGE: From Memes to Moonshots! 🌕DogeCoin (DOGE) has transcended its meme origins, showcasing resilience by trading at elevated levels compared to its historical lows. The chart narrative unfolds within a descending channel, a setting that historically paves the way for intriguing price action. Let's delve into the DOGE dynamics, balancing on the edge of a potential bullish breakout. Chart Analysis: DOGE's Ascent Above the Norm DOGE, the crypto that began as a meme, is now positioned in a noteworthy range relative to its historical performance. The elevation from its lows signals a bullish undertone, catching the attention of traders. The current downward channel sets the stage for a unique interplay of liquidity dynamics, often observed in breakout scenarios. Anticipated Move: Aiming for the Stars with the Three Drives Pattern As DOGE navigates the descending channel, the prospect of a Three Drives Pattern emerges. This pattern, characterized by a sequence of higher lows, hints at an upcoming breakout. Each descent into the lower boundary leaves a trail of liquidity, setting the stage for a potential bullish surge that could propel DOGE to new heights. Trading Strategy: Charting the Course for DOGE's Moonshot For traders eyeing DOGE, the heightened levels combined with the descending channel present an intriguing setup. The Three Drives Pattern adds a layer of anticipation, making strategic entry points pivotal for those aiming to ride the potential moonshot. Vigilance during the upcoming price action is key to capitalizing on DOGE's transformative journey. Conclusion: DOGE's Evolution Continues DOGE's trajectory, from meme coin to an elevated trading range, suggests a narrative beyond its cultural origins. As the Three Drives Pattern hints at a potential breakout, traders prepare for a journey that could see DOGE reaching for the stars. 🚀 DOGE Analysis | 📈 From Memes to Moonshots | 🌕 Three Drives Pattern ❗See related ideas below❗ What are your thoughts on DOGE's evolving story? Share your predictions, strategies, and moonshot expectations in the comments! The DOGE journey continues, and your insights add to the vibrant narrative. 🚀🌕💚
Long
by Yaroslav_Krasko
1
📈✌TRX Daily Long Position✌📉BINANCE:TRXUSDT BYBIT:TRXUSDT KUCOIN:TRXUSDT 💥Three Drive pattern💥 first, please take a look at my previous analysis and positions. between now and the yellow area, you can open a long position in two steps. If the price rises and reaches the risk-free level, you can risk-free the position. TP1-2-3 are on the chart. The optimum stop-loss is below the determined area. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
Long
by CrazyS
2