Forwarded from Crypto Signals VIP
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Our VIP members get signals like these EVERY SINGLE DAY!
Recipe of success is very simple! And we don’t mind sharing it with you:
1) Contact us and join our VIP channel
2) Copy our VIP signals and get your profit!
Admin: @CSOPREMIUM
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Today we will talk about the "Rhombus" pattern ~
The alternative name of this trading pattern is "Diamond". This is a rather rare market reversal pattern that can be formed during any trend at local lows/maximums. If the diamond appeared at the highs of the price chart, it indicates that the upward movement is over and now you can sell. If the pattern was formed at the bottom of the chart, after the downtrend, you can wait for an upward reversal and get ready to buy.
The rhomboid pattern most often occurs after a prolonged trend phase. When it occurs in the context of a bull market, the pattern is called a rhomboid top or a bearish rhomboid pattern because of its bearish meaning. Conversely, when it occurs in the context of a bear market, the pattern is called a diamond bottom or a bullish diamond pattern because of its bullish meaning.
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The alternative name of this trading pattern is "Diamond". This is a rather rare market reversal pattern that can be formed during any trend at local lows/maximums. If the diamond appeared at the highs of the price chart, it indicates that the upward movement is over and now you can sell. If the pattern was formed at the bottom of the chart, after the downtrend, you can wait for an upward reversal and get ready to buy.
The rhomboid pattern most often occurs after a prolonged trend phase. When it occurs in the context of a bull market, the pattern is called a rhomboid top or a bearish rhomboid pattern because of its bearish meaning. Conversely, when it occurs in the context of a bear market, the pattern is called a diamond bottom or a bullish diamond pattern because of its bullish meaning.
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USDC now holds 64% of adjusted stablecoin volume this year according to Mizuho Bank.
#CryptoNews
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Forwarded from Crypto Signals VIP
Binance Futures, ByBit USDT
#LAB/USDT All take-profit targets achieved😎
Profit: 975.9116%📈
Period: 1 Days 16 Hours 54 Minutes⏰
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#LAB/USDT All take-profit targets achieved
Profit: 975.9116%
Period: 1 Days 16 Hours 54 Minutes
INSIDERS SIGNALS JOIN NOW “VIP”
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1. BTC
2. PI
3. TRUMP
4. TAO
5. PENGU
6. ETH
7. SUI
8. HYPE
9. LINK
10. VET
11. AERO
12. FET
13. MNT
14. AAVE
15. JUP
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For near-term expiries (1W), Max Pain appears to act as a dynamic support during uptrends and resistance during downtrends.
This adds a derivatives-based reference point to price structure analysis that is rarely available in crypto markets.
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This adds a derivatives-based reference point to price structure analysis that is rarely available in crypto markets.
#CryptoNews