At the bottom of an ascending triangle. Also back down to the 50 SMA, which has been a key level of support for months. We still dont have a bullish confirmation on the Stoch, BB, MACD, and the RSI is not oversold, so wait for a bounce upwards to confirm reversal. Otherwise, this could be breaking down. From a FA perspective, UUUU is looking very strong. As the...
Well not a ton going on here but figured it had been several days so would throw a chart up. Last chart we had just gone through the Tether mess. Things settled down and well, really just settled. We are trading extremely tight range with not a ton of action. Alts had some nice pumps so personally played a couple of those but BTC itself is just relaxing. I added a...
Good morning, traders. Price has been trading within this local TR for the past three days now. On the bright side, we have seen consistent higher lows during this time. The CBOE expiration yesterday didn't lead to much of anything - a $34 drop about an hour prior and then a subsequent rise of $78 into the evening. Demand remains prevalent at this time as the...
ICX/BTC appears to be within an ascending triangle pattern. We got a nice bounce off of a previous support zone around 950 sat's, and we've been on a steady up-trend on the 4-hour chart. So long as Bitcoin holds steady, we could see a 5-10% move in ICX in the next few days. Good Risk/Reward on this trade in my opinion.
On the 4-hour indicators, ICX got a bullish...
BINANCE:EOSBTC
Long term buy setup
After completion of the Bullish Bat Pattern formation BINANCE:EOSBTC started moving up making higher lows forming an ascending triangle.
Expecting a breakout to the upside from the triangle and for the targets to be reached.
TP1: 0.0015288
TP2: 0.0012079
SL: 0.0004000
ICX/BTC appears to be within an ascending triangle pattern. This type of pattern is usually bullish. I've laid out a few scenario's of what I think will happen.
Scenario 1 (Green Arrow): ICX/BTC bounces off the sideways support (around 1000 sat's) and moves to the upside breaking through the top of the ascending triangle (around 1090 sat's), of which the target...
In the next day or two we can expect to see another price movement for bitcoin.
Do you think it will break bearish or bullish?
Hit like if you like this analysis.
I pulled out of this one when i saw, while my trendline isnt the best, any way you slice it yesterday closed below the trendline and today the entire candlestick did.. I'm going to assume other traders are going to see this and lose confidence in it as i did, but we'll see. I think I learned a lesson in this tho. I was too eager to buy when I was not sure if it...
#BTC/USD ( Bitfinex )
Buy Range : 6550-6620
Stop Loss : below 6525
Target 1 : 7144$
Target 2 : 7298$
Ascending Triangle spotted on the hourly on Bitcoin. Going below of our SL invalidates this pattern.
Lets see if we can back bullish way soon.
Good luck
Weekly Resistance
Ascending Triangle
Triple Top
WAIT FOR..... Clear breakout of ascending triangle + Trendline + Clear PA confirmation! ....otherwise I wouldn't advice taking this trade!
Adjust the SL and TP accordingly when you get a clear entry.
All comments are welcome and appreciated
Peace!
This chart seems interesting. There appears to be a short(er) term ascending triangle inside of a longer term ascending triangle. If one day we see a break above the short triangle's resistance, I'd expect that breakout to meet resistance right around the longer triangle's resistance. The channel between ~$115 - ~$121 looks interesting as well.
Hello Everyone,
Normally I play stocks but looking at this chart setup I cannot resist giving this pattern a shot. Great risk / reward here and if BTC goes under 6500 I would have to get out and take a loss, risk of losing 100 bucks vs making 1000 at my target point 7k before it comes back down to support.
Short and sweet and not too much to explain.
Ascending Triangle forming on the 10 year bond. With Federal Reserve officials still hawkish, prepare for a bumpy ride because yields still aren't cooling down just yet.
This could be the biggest Trap ever created... a Big ascending T in a bear market?. if this continues to the whole October, which is very unlikely to me, and keeps building higher lows...that would be a pattern i wont like to see completed.i don't rely on ascending T only, because they usually are fake, but i guess that's the last opportunity to increase...
It seems BTCUSD is at cross roads again with mixed signals on the 4 hr chart and will break in either direction within the next couple days.
For the bullish scenario, we have a symmetrical triangle or an ascending triangle, depending on how the triangle pattern plays out, and for the bearish scenario we have a descending triangle within a larger descending...
Ascending Triangle(Blue) is formed and having that I've my precise entry technique for that, that will be shared with my inner-circle.
This time round stops and targets are share as it will be a clearer visualization for viewers as we have a pattern on top of another pattern.
Personally, I chose to take profit earlier in view of a Bearish Gartley setup before that.
![BTCUSD: [BTC/USD] BITCOIN ON ASCENDING TRIANGLE [ HOURLY TIMEFRAME ]](https://s3.tradingview.com/k/kIS1tzCb_mid.png "[BTC/USD] BITCOIN ON ASCENDING TRIANGLE [ HOURLY TIMEFRAME ]")
