Bitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle . We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ). I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart. ...
BINANCE:ETHUSD breaks the resistance of consolidation pattern amid the news related to the approval of ETH-ETF. The reaction was premature, on rumors, and now the market is consolidating. Many wondered why there was not a strong surge and rally after the news. Reason: The rise from 3100 to 3850, almost 24% in a few hours, which followed due to the rumors about...
BINANCE:WIFUSDT shows quite interesting preconditions for a possible rally. The coin breaks the consolidation resistance and at the same time looks stronger than the market. The coin has been in the consolidation stage for two months. Now the price is breaking the triangle resistance and consolidating above 3.256, which generally determines the medium-term...
OANDA:NZDUSD breaks the bearish trend in early May and confirms the fact that bulls appear on the market. The fundamental background is positive and growth can be considered in the long term. Earlier the price tested a strong descending resistance by a false breakdown. There was no proper reaction in the form of a change of trend or a strong fall....
Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. BTCUSDT is forming a symmetrical triangle pattern on the 4-hour timeframe. A breakout from this pattern could signal a move in either direction. Possible Scenarios: Upward Breakout: A 4-hour close above the resistance level of the triangle could...
Hello Traders and Investors, today I will take a look at XRP. -------- Explanation of my video analysis: In 2017 XRP created a major triangle breakout and rallied more than +35.000% towards the upside. Since the beginning of 2018 XRP has once again been creating a triangle formation and is about to retest the lower support of the pattern which is perfectly...
- The chart is pretty self-explanatory - The price tests a 2 year old resistance trendline - The formation is one beautiful symmetric triangle that can have either outcome - The consolidation has been solid so far. This means The momentum may be really good. - The PE ratio is stagnant with the price - Do check out our take on JSW Steel in the suggested ideas...
EURUSD is encountering strong resistance at 1.08883 level After a false breakdown, a retest and reversal candlestick pattern is formed. After breaking the downside resistance, the price does not go up and most likely will not be able to do so. On Thursday, news may be released that could reinforce the decline. If the price returns in the pattern boundaries, but...
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
NOT FINANCIAL ADVICE TL;DR Bear Pennant / symmetrical triangle, No Trade Zone, wait for breakout. Long target is $0.62, short target is $0.26 BITGET:ADAUSDT has been trading in a symmetrical triangle (potential Bear Pennant) since April 13th. For me it's a No Trade Zone now, a breakout is needed to determine the direction of the next trend Fairly respected...
this will complete symmetrical triangle pattern and once breakout, it will fly Targets possible: 1360-1490-1590-1690-1780 Disclaimer:- Please always consult with your financial advisor or do your analysis before taking trade
Hey There, - Like always, The chart is self-explanatory. - We saw a triangle breakout which happened very close to a crucial resistance zone that acted like one. - This is one previous support that turned crucial resistance - Previously, the price has fallen 3 times after testing this level. The fourth time's a charm? - We see a good consolidation at the...
Here are some guidelines for determining the next steps regarding UPL: Consolidation: UPL has experienced a period of consolidation for over two years, forming a symmetric triangle pattern. Breakdown and Retest: There was a breakdown from the triangle pattern, followed by a retest, which resulted in a continued downward movement until reaching a 52-week...
Hi. COINEX:KNCUSDT If the ascending triangle breaks down, we can focus on the symmetrical triangle. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets...
🏃♂️ USDJPY is moving in an Ascending Channel (in the Daily time frame ). 📈Regarding Classical Technical Analysis , USDJPY has succeeded in breaking the upper line of the Symmetrical Triangle Pattern . 🔔I expect USDJPY to continue its uptrend due to the breakout of the Symmetrical Triangle Pattern . 👑 Position : USDJPY Position: Long Entry...
Hello Traders and Investors, today I will take a look at AMD . -------- Explanation of my video analysis: The stock chart of Advanced Micro Devices (AMD) is looking quite interesting at the moment: A couple of months ago AMD broke out of a major symmetrical triangle formation, creating another rally of roughly +100%. But at the moment AMD also already...
BINANCE:ANKRUSDT breaks the resistance of the symmetrical triangle, which generally determines medium-term perspectives for us. The coin may move to the realization phase after consolidation The potential of the coin is quite large, the market has been saving energy for two years and with the breakout of 0.0476, then 0.05885 it can move into a strong rally...
Dear Traders, We are convening a discussion focused on #API3usdt THE Symmetrical Triangle Breakout Has Already Done ✅ So,I am Expecting a Bullish Move of 100% 🚀😉 Regards: 🦋AnnaTradeCharts🦋 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT CRYPTOCAP:PEPE CRYPTOCAP:DOGE ...