Real-time pattern trading is the easiest way to find entry and exit prices if you can scan hundreds of cryptos within minutes. It is definitely impossible for humans. Artificial Intelligence (A.I.) not only discovers these patterns, but also checks if they worked out well in the past. Knowing the success rate in the past allows A.I. to establish the odds of success in the future.
The Triple Bottom pattern appears when there are three distinct low points (1, 3, 5) that represent a consistent support level. The security tests the support level over time but eventually breaks resistance and makes a strong move to the upside.
This type of formation happens when sellers can not break the support price, and market participants eventually pour in.
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price by adding the pattern’s height (highest price minus the bottom price support level) to the breakout level the highest high. When trading, wait for the confirmation move, which is when the price rises above the breakout level.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.
Time frames No matter your trading strategy (day trading, swing, etc), we have patterns that will be ready to trade.
ORN.X - Orion Protocol cryptocurrency
|TARGET (EXIT) PRICE||7.397000 USD|
|BREAKOUT (ENTRY) PRICE||7.077000 USD|
|DISTANCE TO TARGET PRICE||9.55%|
|EMERGED ON||Aug 08, 07:30 PM (UTC)|
|WITH CONFIDENCE LEVEL||26%|
CELR.X - Celer Network cryptocurrency
|TARGET (EXIT) PRICE||0.038533 USD|
|BREAKOUT (ENTRY) PRICE||0.037405 USD|
|DISTANCE TO TARGET PRICE||5.02%|
|EMERGED ON||Aug 08, 07:15 PM (UTC)|
|WITH CONFIDENCE LEVEL||38%|
CTXC.X - Cortex cryptocurrency
|TARGET (EXIT) PRICE||0.172000 USD|
|BREAKOUT (ENTRY) PRICE||0.169850 USD|
|DISTANCE TO TARGET PRICE||2.02%|
|EMERGED ON||Aug 08, 07:10 PM (UTC)|
|WITH CONFIDENCE LEVEL||48%|
POLS.X - Polkastarter cryptocurrency
|TARGET (EXIT) PRICE||1.531000 USD|
|BREAKOUT (ENTRY) PRICE||1.490500 USD|
|DISTANCE TO TARGET PRICE||5.37%|
|EMERGED ON||Aug 08, 07:05 PM (UTC)|
|WITH CONFIDENCE LEVEL||43%|
ANT.X - Aragon cryptocurrency
|TARGET (EXIT) PRICE||4.684200 USD|
|BREAKOUT (ENTRY) PRICE||4.493750 USD|
|DISTANCE TO TARGET PRICE||9.67%|
|EMERGED ON||Aug 08, 07:00 PM (UTC)|
|WITH CONFIDENCE LEVEL||42%|