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Diamond

BTC's next big move! BTC about to make a major move. Being pushed down by the Jupiter-Uranus opposition beginning around 5/5 and ending 5/15. We could see the major pump or a leveraged, stop hunt liquidation wick before a major pump up. We have a few celestial events coming up. * 5/12 Mars enters retrograde zone - unfavorable or could be a trend reversal sign. * 5/14 New Moon enters Taurus Mercury enters Taurus * 5/14 - 16th Consensus 2018 Conference *** 5/16 *** *** Uranus enters Taurus *** *** Gann fan crossing *** * 5/17 Moon Perigee (closest to Earth for May) Mars enters Aquarius It'll be interesting to see how BTC plays out.
BITFINEX:BTCUSD
by TreeTruffle
1
AAPL / D1 : Wallstreet like diamonds.. better avoid this one!Hope this idea will inspire some of you ! If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video. Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
NASDAQ:AAPLShort
by PRO_Indicators
7
Bitcoin Diamond Bottom Ready for LiftoffI'll be quick here, I'm happy to explain anything on the chart so comment a question if you have one. Pretty clear from the chart, but we have a descending wedge that finished with the rare but highly reliable, I'm talking 81% Price Target Accuracy reliable, The Diamond Bottom. The fib retracement from March 5th to April 1st supports the Price projections of the Diamond Bottom and the falling wedge. The Diamond Bottom at the 8,500 +/- 100 zone which corresponds to the .382 fib retrace and the falling wedge price target at 10,600 +/-100 zone which corresponds to the .786 Retrace. When we get back to 10k the FOMO will set in and away we go. Like if you like, comment if you have a question and I’m happy to answer. Thanks all, and remember this is for educational insight only. Personally, my positions are all in alt coins I mainly use BTC as a market indicator.
BITSTAMP:BTCUSDLong
by DHuts
2
BTCUSD - Diamond Formation + Bullish DivergentHiAll, As usual, i will make the explanation simple and easy to understand. Please find below summary of the findings. 1. Diamond formation. A reversal pattern. the price target is at 7880. 2. Bullish Divergent in MACD. this is a good sign to show a uptrend is taking over (until next reversal). *This TA is for Educational purpose and not a financial advise. If you are happy with my charts and would like to follow more in the future, feel free to follow my profiles.
BITFINEX:BTCUSD
by OPassiveIncome
Who doesn't like a bigger Diamond? Is this a VVS?Greetings Earthlings, I thought the Diamond had broke down but Its back and bigger than before... Still may not breakout as the theory suggest but its here none the less. See prior analysis below .... Here we see the rarest of patterns, the often imitated, never duplicated "Diamond Bottom Pattern". The literature is not widely available but the current BTC -0.49% price action fits the rule. Now you see a lot of people predicting doom and gloom... The death of Bitcoin -0.49% and crypto all together. But what better to save the asset than the most coveted gem of the all... The Diamond! "The diamond top and bottom are reversal patterns. It represents a rally to a new high with a drop to a support level followed by a rally to make a new high and a quick decline, breaking the support level to make a higher low. The bounce from the higher low is then followed by a rally, but making a lower high instead. Once this behavior is identified, prices then break the trend line connecting the first and second lows and start to decline further. In the case of a diamond bottom, prices follow the same pattern, but instead make a new low and a new high followed by subsequent higher low and lower high. The diamond top and bottom patterns, despite its fancy name merely exhibits the trading sentiment and a period of congestion before a new trend emerges, depending on the chart time frame that you are using. The diamond patterns are infrequent and therefore relatively rare to spot them. However, the most ideal places to find the diamond patterns is within the head and shoulders patterns or within the triangle patterns." Credit to ProfitF.com Notice the last sentence... often found within Head and Shoulders patterns. Currently we are in an inverted H&S . Is this it? TBD... If it is a diamond reversal, expect the breakout to complete the Inv H&S and head north. In my opinion, the current price action is not clearly a bullish wedge . Happy Trading #FlintstonesGazoo #TheGreatGazoo Gazoo: "But wait, surely there must be others more qualified than I". Andre Benjamin: “Even the sun goes down, heroes eventually die/Horoscopes often lie, and sometimes ‘y’/Nothin’ is for sho 4.11% , nothin’ is for certain, nothin’ lasts forever”
by cblewis_78
1
Falling Wedge UNDERVALUEDKeep this on your radar! DCF models ≈ 12.6-25.68, margin of safety >85% . VERY strong balance sheet and improving REV and FCF Q/Q. The larger weekly picture picture shows a massive head and shoulders-which cannot be ignored, but we don't believe there is any good chance of it playing out. On a shorter time frame the previous diamond pattern has been nonproductive because price went through apex. 50DMA has started to curl up on daily suggesting possible breakout of wedge; momentum has been increasingly less negative confirming this theory. Very strong resistance and support at current level. Under 3.8 and above 4.5 it can move fast, set stops accordingly.
NASDAQ:ACTGLong
by Jrussell86
inverse head and shoulders buying opportunity momentum swinging negative for short term will provide us a buying opportunity ≈$2.33. inverse head and shoulders measuring rule implies ≈25% probably increase from neckline. If it comes down to 28° line then it is most likely a diamond formation. w/ greater potential move. due to momentum on LT time frames i am suspecting that it breaks out to positive side. Initial upward PT of $3.2 GuruFocu's DCF calculator puts fair value at $6.74, a 63% margin of safety. earning multiple 2.9x above current price. Very positive ROE/AI and a PEG of .25 w/ very little debt and current ratio >1 makes this company a buyout target.
NASDAQ:PRTSLong
by Jrussell86
DIAMOND / BITCOIN DMDBTC DMD Coin had nice uptrend move in the lawt 2 days with over 100% profit and look like it retrace now and finding pretty strong support around the 0.00200000 Satoshis. Coin volume not very high and i think it can jump pretty soon and keep with the bullish trend ! i choosing to go for 25%-40% profit with a quick uptrend movement. and its bitcoin can go up anytime and change our goals ! so after 20% profit ill set a stop loss so i will be safe with my 20% profit and let it ride till around 40% Buy In : 0.00200000 Sell : 0.00260000 - 0.00280000 No Stop loss for me. Patience is the KEY. Good Luck ! Adar
DLong
by adar_e
1
SPX - a short opportunity?SPX appears to be entering a diamond top on the daily time scale. The pattern formation is average or perhaps slightly below average - I would much prefer to see multiple trendline on both sides of it and a cleaner overall diamond shape. An additional weakness is the strong buying power displayed over the last four days of trading, with prices closing far north of the daily low each time. There is still some significant bullish sentiment reflected there. Price action has tightened up somewhat on the last half of the diamond as should be expected, and a strong downward breakout would confirm the pattern. If you're looking to short it, I personally wouldn't take a short position until the breakout. Because of the weaknesses discussed above I wont be entering at all. I'm a firm believer that "Its better to see a trade you wish you were in than to be in a trade that you wish you weren't".
TVC:SPX
by Patrick1