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Wbottom

VIS, Obvious W bottom Breakout! Short term upside 10%! STRATEGY - PRICE VOLUME ANALYSIS: VIS, a W-double bottom breakout was obviously spotted. Indicating a momentum for the bottom reversal in this counter. Buy on retracement for this counter. It's expected to retrace back to a RM0.400 support area, before it starts another momentum journal to RM RM0.440, which giving the traders a potential 10.10% return of investment in a short term! Let's learn and earn together! Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune! Guys, if you like the idea, please "like" it, this will be the best thanks. If you have any questions or trading ideas, please post them in comments! Thank you for your support, we appreciate it.
MYX:VISLong
by ShareWorldConsulting
#bitcoin #xbt - Pattern X or Dump ?Good morning traders, let´s zoom into the Daily for today and have a look at our actual odds & outs here and some possible moves. Fact 1: We have been in this downtrend-channel for an extended period of time, and a turn becomes more likely on every swing. Fact 2: We have a strong support keylevel (blue), if we fall through this, good night. ( OR -> FACT 4) Fact 3: As you know I don´t do forecasts, so I cannot tell you what exactly is going to happen. Fact 4: We have a couple of possibilities on hand for "Pattern X". This can easily turn out as: W-Bottom, Adam & Eve, inverted Head & Shoulders and some more. Fact 5: we don´t know IF and WHICH of these will play out. We need to see Bitcoin´s behaviour AT those levels (reactive trading). Trying to forecast this, can make you bleed. Fact 6: We also have two possible Necklines: 1. Horizontal and 2. the channel middle line, which would be a crucial first good try if broken. (We have talked about this in the last post) As usual I have marked in the chart for you what to watch out for + important levels. Have a nice week guys! Warm regards, Neru
BITMEX:BTCUSD.P
by Gl4diator
3
IWM - Potential Bull Flag PatternThe Russell 2000 ETF has seen a price run-up since early October as it emerged from an oversold condition. The recent pullback has created what may be a bull flag (magenta trendlines) that is close to breaking out. The IWM also seems to be gaining some relative strength vs the SPX which should bode well for this ETF gaining in price. Upon further evaluation of this daily chart, I might also be able to make a case for an Ascending Triangle pattern (orange horizontal trendline + magenta rising trendline) or a "W" bottom pattern (black trendlines). Regardless of which pattern you accept, all of them are bullish in nature. I have labeled two potential price targets I am looking at using the Fibonacci Extension tool again. I used the 50% , 61.8%, & 100% levels for these price targets.
AMEX:IWMLong
by Chartimistic
W bottom on MCOUSD signals parabolicThose of you that are familiar with my publications or have read them in the past know exactly what I’m about to say; particularly Because these are my favorite indicators and I happen to get it extra giddy with excitement whenever I spot them and that is: M tops & W bottoms! (Links below for references) Looks like in the case of MCO USD we have a W bottom in the shorts to mid range—As I stated in my last publication altseason is in full affect as evidenced; the fact that BTC USD did absolutely nothing fluctuate between Pivot/R1/S2 meanwhile we saw some Very healthy gains on many alts...Such consolidations I predicted accurately. I wont hammer into an oped on this one, I want you guys to be able to catch the entry before you FOMO/FUD. In case anyone is curious here are some of the alts that I made entries on tonight (literally) including: $XRP(added to Yesterdays entry) $LINK $LTC $MCO With that being said trade safely and always set your stop losses!! TP1-3 Fibo listed on green horizontals (as usual) with stop on the red horizontal Make sure you set your stop loss and do not FOMO/FUD! Happy Friday everyone and have a wonderful weekend; assuming I do not get a chance to update later, if not I’ll do so tomorrow afternoon. Otherwise, TGIF Links on W bottom for educational purposes: images.app.goo.gl images.app.goo.gl Twitter/LinkedIn/TradingView/Stocktwits: -@a1mTarabichi Steemit: -crypt0w1zmt
M
by UnknownUnicorn3861629