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USO follows the futures prices of oil barrels. On this 30 minute chart, price falls have been rejected by the POC line of the volume profile and the Lux Algo Donchian channel has transitioned from downgoing to trending up. The dual TF RSI of Chris Moody now shows RSI holding above 50 in both the 15 min and 60 min TFs. Net distribution has bottomed out and...
Hi. COINEX:DOGEUSDT Today, I want to analyze DOGE for you in a weekly time frame so that we can have a mid-term view of DOGE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). We have a Bullish Structure here DOGEUSDT crossed out of the symmetrical triangle on weekly...
BTC has been ranging within an ascending channel since mid-October of 2023 and is currently testing the lower trendline of the channel. If the trendline holds, we can expect a bullish move back towards 49k. If the trendline fails, BTC will likely retest the 41k - 40k support area. Keep in mind that recent ETF approvals have created additional uncertainty in the...
LINKUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 USDCAD has been overall bullish trading inside the ascending triangle in red, and it is currently approaching around the lower bound / trendline. Moreover, the zone 1.33 - 1.34 is a strong support. 🏹 So the highlighted red circle is a strong area to look for buy setups ...
Bitcoin is in the channel as well as the ascending triangle, which could very well push the price up. If the price can break the triangle, the price will easily reach 40k 🟡Summery: The price is in the ascending channel. The price is in an ascending triangle. 🤑Stay awesome my friend. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you,...
TECHNICAL INDICATORS : ASCENDING TRIANGLE BREAKOUT - The stock has broken out of the this pattern on weekly chart REVERSAL FROM 50D, 100D, 200D SMA - The stock has also reversed from all the 3 sma simultaneously indicating very strong upside pressure building up REVERSAL FROM STRONG SUPPORT-RESISTANCE ZONE - On top of that the stock has also...
The stock is forming an ascending triangle pattern backed by price rising on the 20 EMA. After the golden crossover of 20/200 EMA the price seems to be headed upwards and can prove to be a potential winner if the trend continues. The current price is near new breakout levels as it surpassed previous highs recently. This stock is also showing a good RS vis-à-vis...
On this hourly chart of BINANCE:TOMOUSDT , the coin forms an ascending triangle pattern. For this instance, there could be an imminent breakout or breakdown. This week can have a massive movement of the coin as the shape of a month-long triangle spans until approximately Wednesday as the price is squeezing inside as of today, so let's wait for the next days...
TEJASNET can be seen forming higher lows with a consolidating top on a daily range. Interesting to see if it can break its all time high resistance and achieve 900 levels after a breakout.
DYDX BINANCE:DYDXUSDT has closed above 2.165 and it's pulling back now DYDX has support at Fair Value Gap 2.1 besides ascending trend line is also another Resistance zone around 2.4 and higher by descending trend line Wait for next move
jsw energy buy @ 274 target 274.30, 279 ascending triangle breakout risk reward 1 sl@253.80
ACHV had good earnings in mid-March and has been in an ascending triangle since that time. The uptrend had a correction April 17th to 20th to which buyers responded with spiking buying volume. Current volume is 3x relative to the usual and customary historical volume averages. I will take a long trade on this when price descends to the support trendline...
The scallop pattern is nearly finishing with price settling at the top of the pattern. I expect a move upwards to conclude a W like structure that I have pasted with the bars pattern tool. Similar W patterns can be seen in the past along the ascending scallop.
The EURGBP trades within an ascending triangle toward the 0.8824 resistance level. This upward move follows the rejection of the 50% Fibonacci retracement level from the longer-term upward move. Look for a breakout to the upside with the price needing to trade beyond the 0.8830 price level which coincides with the 50% Fibonacci retracement level from the recent...
So i decided to expand upon my previous post which ill link in this one and this one in the other, so regardless if this pans out or not, for educational purposes. this would be the way to play this type of set up. imo not all flags, pennants, wedges, triangles are created equal. there is A+ B+ C+ and D+ patterns. factors depend on things like volume, volume...
on the 1hr we have a clear Ascending wedge. lets see if we can break some of these S/R zones (purple). i think we chop side ways until some bigger news comes or enough time passes. 412 is support 414 is nice little resistance. atleast thats range for now, i expected it to wick down alil further before going up, but we deff gapped down which i mentioned yesterday....