Shiba is placed in a triangle, after the triangle is completed, based on the support and resistance points, I expect an upswing.
ADA - broke out of the wedge pattern, signaling a preference for opening long positions. We successfully tested a solid support zone between 0.4130 and 0.4660, which pushed us higher. The nearest resistance is between 1.1 and 1.24. In addition, underneath this resistance there is an imbalance (FVG) that acts as a price magnet. Currently, the trend is bullish,...
Ascending Broadening Wedge Deciding to show a simple pattern easily missed if not looking @ the 15M chart that if confirmed can lead to break out… WHY? 1) I’m tired of horrible traders commenting that you’re a noob in trading if you’re looking at the 5-15M time frames of a chart 2) uneducated “traders” who always say small time frames never play out… they...
I’ve watched this triangle form over time on NKE “Nike” waiting for a breakout to the upside of breakdown to the downside. After a few decent economic reports and FL “Foot Locker” signaling positive forward guidance I believe we have the momentum needed to push higher on NKE…..let’s see how this one plays out!
AGIX seems to have formed a triangle on the weekly chart. AI should be the ultimate winner in this altcoin season.
Been trading it for past few days, waiting on confirmation here either we continue up, range sideways & push higher or lower
I'm not the first one seeing this, but in a few days we'll know: a. another buy opportunity under $31.00 b. $31/oz floor is set
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...
Check the video for detailed analysis. Levels are below. Pattern : Support/Resistance, triangle. Range : Medium. Trend strength : Normal. Buy Above : 39060. Stop Loss : 39000. Targets : 39120, 39200, 39320 and 39400. Sell below : 38900. Stop Loss : 38980. Targets : 38820 ,38760 and 38680. Check the live market updates. Hit the like button to Rock !! Show some...
Tesla rallied in late April after reporting quarterly results. But now some traders may think the bounce is fading. The first pattern on today’s chart is the series of lower quarterly highs since last summer. (They’re marked in yellow.) Those may show the presence of a longer-term downtrend. Second is the set of converging lows and highs over the last month....
Breakout and back test. Simple pattern with a defined stop loss.
- 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...
Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to the support level, which coincided with the support zone, and at once rebounded and started to move up to the resistance level. In a short time later, when XAU reached the 2400 level, which coincided with the resistance zone, it broke this level and rose to the trend line. But then...
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...
Oil will going up aroung 83, Buy now. we can see Oil has Descending Braodening Wedge Pattern.
BONK/USDT is primed for a breakout from its ascending triangle formation. We're setting a buy stop at 0.00003700 to capture the potential bullish momentum. With a risk/reward ratio of 1:2, this trade is positioned to take advantage of the upward trend continuation. This setup aims to ride the breakout to new highs, capitalizing on the increased buying pressure...
Hello, traders here is an analysis of APPLE as you can see the price has been in a bullish form and it created an ascending triangle pattern that signals a bullish move so now I will wait for the price to break the upper structure of the pattern and retest it (as shown in the chart) then I will look for the long opportunities.
Hello Traders and Investors, today I will take a look at Tesla . -------- Explanation of my video analysis: With Tesla stock breaking above previous resistance in 2019 and coming back to retest it in 2020, this stock then took off and created one of the most insane rallies which I have ever seen. At the moment though, Tesla is consolidating in a descending...