DreadKongDotCom DMZ Game Playthrough 79

DreadKongDotCom DMZ Game Playthrough 79

📉Dread📈Kong🚀 • December 23, 2023, 8:23 am

DreadKongDotCom DMZ Game Playthrough 79

Gas Lee Sun • December 23, 2023, 8:12 am

LUNA retest from resistance

😃Chart📈Breakout🚀Dot🤑Com • December 23, 2023, 7:50 am

DreadKongDotCom DMZ Game Playthrough 80

Gas Lee Sun • December 23, 2023, 2:46 am

Breakout LUNA

😃Chart📈Breakout🚀Dot🤑Com • December 23, 2023, 1:51 am

December 22, 2023 at 02:04PM Mock Up Price Action for SHIBUSDT | Mid Term (12HR)

Mock Up Price Action for SHIBUSDT | Mid Term (12HR)

SHIBA INU / Tether KUCOIN:SHIBUSDT

Trevictus

Mock Up Price Action for SHIBUSDT | Mid Term (12HR)
- Watching and waiting for opportunities
- I've got 'Crazy', 'Crazier', and 'Dafuq' Mapped Out

Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
- I do this not to predict the price, but rather, to prepare myself and have a plan for all possible scenarios playing out. So that when the time comes, I can make an informed decision with multiple contingencies having monitored the price action over time and in consideration of multiple scenarios (however unlikely they may be) playing out

December 22, 2023 at 11:21AM Double Bottom

Double Bottom

SHIB / TetherUS BINANCE:SHIBUSDT

soni57

Formation: The Double Bottom pattern is formed after a downtrend and consists of two distinct troughs (or lows) at approximately the same price level, separated by a peak (the "bottoms"). The line connecting the peaks is called the neckline.

Reversal Signal: The Double Bottom is a bullish reversal pattern, suggesting a potential change in the trend from bearish to bullish. The confirmation of the pattern occurs when the price breaks above the neckline. This breakout is seen as an indication that buying interest has overcome selling pressure, potentially leading to an upward trend.

Volume: Analyzing volume is often crucial when identifying the Double Bottom pattern. Generally, traders look for an increase in volume as the price breaks above the neckline, supporting the validity of the reversal.

Target: The distance from the neckline to the bottoms can be measured and then added to the breakout point. This measurement provides an estimate of how far the price might move upward following the breakout.

The Double Bottom is one of several chart patterns used by technical analysts to make predictions about future price movements. Like all technical analysis tools, it's essential to consider the pattern in the context of other indicators and market conditions. No pattern guarantees a specific outcome, and risk management is crucial when making trading decisions.