Double bottom on hourly timeframe mate | FORTUNE CRYPTO on Binance Square

Trending Articles

Bookmarked and Liked

--

Double bottom on hourly timeframe mate

Quoted content has been removed

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

1.4k

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@FortuneNodeOfficial

Explore More From Creator

🆘 #BTC MARKET UPDATE🆘 🍎 Here's the scoop: BTC's on a downward spiral - big holders and cues have been offloading in the past few weeks. Jobless claims are down, but ADP employment is weak. BTC RSI has sunk to oversold levels unseen since the $60k mark. Miners' transaction volume? At historic lows, indicating bull market exhaustion 📊 Market volatility is climbing, but global liquidity might offer a short reprieve. Despite a recent dip, the fear and greed index still sits at 70 - greed, and demand for BTC is still sky-high, echoing the massive buying in 2024 by ETFs and companies 🔥 Oh, and Fortune AI detected this recent dump perfectly, showing how sharp AI can be in this volatile market ⚡️ This correction is linked to the drop in stocks like Nvidia and Tesla. But there's hope - Senator Lummis is working on digital asset law reform. This could be the longest bull run yet, with $BTC BTC's correlation to stocks waning, which has been a bullish sign for crypto in the past. Keep your eyes peeled; could be a bumpy but rewarding ride 🤝🏻

--

$7 Billion Disaster: The Shocking Secret of a Junior Trader That Nearly Destroyed a Bank

--

#TRB PUMPING HARD $TRB 53.65% UP SINCE UPDATE WITHOUT ANY LEVERAGE IN SPOTS😎 ❤️THIS POST AND I WILL SHARE THE NEXT 10X GEM COIN TOOLS USED ~ FORTUNE AI TRADING INDICATOR

--

📉 #Moodeng DENG/USDT – Double Bottom Formation in Play? 🚀 The daily chart for #MOODENG/USDT indicates a potential double bottom pattern, a bullish reversal signal. Buyers might be looking for confirmation at key resistance levels. 💰 CMP: $0.22528 (-5.54%) 📊 Key Technical Highlights: •Double Bottom Formation: •First bottom formed near $0.20 on Dec 18, 2024. •Second bottom at a similar level, showing a bullish reversal attempt. •Neckline Resistance: $0.26 – A breakout above this level could confirm the pattern. •Bullish Target: A breakout from the neckline may lead to a price target near $0.32, derived from the pattern height. 🛠 Indicator Insights: 1️⃣ RSI: Healthy at 35, but approaching oversold; potential for bullish divergence. 2️⃣ Volume: Needs to increase for confirmation of the breakout. 3️⃣ Timeframe Trends: •Short-term bearish, but reversal possible upon neckline breakout. 🔮 Possible Scenarios: •Bullish Breakout: Above $0.26 with volume, targeting $0.30–$0.32. •Bearish Rejection: Failure to break the neckline could retest support at $0.20. 🚨 Strategy Recommendations: •Long Opportunity: Above $0.26 with a stop-loss below $0.22. •Watch Volume: To confirm the double bottom breakout. ⚡️ Is this the start of a reversal for MOO DENG? Share your views below! 👇

--

🚀 #MLK/USDT – Double Bottom in Play? Bullish Momentum Ahead! 🔥 The $MLK/USDT chart on the 1-hour timeframe showcases a double bottom pattern, a strong bullish reversal indicator, signaling potential upside if the neckline breaks. 💰 CMP: $0.257 (+2.47%) 📊 Key Technical Highlights: •Double Bottom Pattern: •First bottom formed at $0.2277. •Second bottom confirmed with a sharp bounce from the same level. •Neckline: $0.2692 – A breakout above this level could propel MLK higher. •ADX Trend: Strong trend (65.15), indicating a bullish momentum is building. •RSI: Healthy at 44.2, room for further upside. •Support Zone: $0.2277 – Key level to hold for a bullish continuation. •Target Projection: Potential move toward $0.3500 post neckline breakout. 📈 Indicator Insights: 1️⃣ Fortune AI Indicator: Current position is bullish, aligned with the double bottom pattern. 2️⃣ MFI: Neutral (52.69) – Buyer activity gaining momentum. 3️⃣ Timeframe Trends: •1-hour and daily bullish trends, supporting the reversal signal. •15-min bearish – Possible short-term pullbacks. 🚨 Strategy Recommendations: 1️⃣ Look for a neckline breakout at $0.2692 to confirm the double bottom. 🛠 Tools Used: FortuneAI Trading Indicator – Advanced insights for identifying high-probability trade setups. 🌟 Will the double bottom pattern lead to a breakout? Drop your analysis below! 🚀

--

Latest News

Bitcoin(BTC) Surpasses 95,000 USDT with a Narrowed 2.04% Decrease in 24 Hours

--

MicroStrategy's Trading Volume Ranks Among Top Tech Stocks

--

AI Drives Innovation in Emerging Companies, Says Hurun Report

--

U.S. Weekly Jobless Claims Reach New Low

--

Bullish DE Secures BaFin License to Expand Crypto Services in Europe

--

Cookie Preferences

Cookie Preferences