#Bitcoin 4hr #TA As per present scenario, #BTC moves with #Ascending Triangle Pattern ans soon will be chances for some #Bullish Signal in Feb. at final high wave of #BullTrap upto $27.5k to $29.5k, but after that it will Return back with more #Bearish Signals in March & April.
I believe these ascending triangles are pointing to a breakout here, converging right at $25k, and it could be the one to finally overcome this beast of a resistance. Been a tough battle here. The triangles are a little malformed, but clearly they're getting smaller, and culminating to a point. We are almost there... rejection wouldn't surprise me, but I'm leaning...
Today we're taking a look at Bitcoin & a potential bullish breakout trade featuring one of my favorite breakout patterns, the ascending triangle. We'll talk about what makes this potential opportunity a good one as well as a few MAJOR things that you should be aware of before taking it. I'll also show you my method for how I project target levels. If you have...
Bitcoin looks extremely strong these days; there is probably nothing that can stop the rise at this moment. This is an analysis on the 1h chart that could give you 2 potential trades. On the first trade, you want to buy/long the ascending triangle's support. If this trade fails for some reason, there is another trade that you could take. It's at the start of...
BTC has tagged the previous weeks higher exactly. An ascending triangle pattern in the short term is forming. The HTF key area is holding as resistance where price is attempting to break through, this is the 5th attempt during this HTF range.
Price action and chart pattern trading setup > Rising triangle ABCDE pattern @ breakout neckline position > TP1 estimated @ height of E wave +17% upside 1.618 extension of CDE wave > Stoploss @ triangle support -8% downside > RRR: 2:1 Always trade with affordable risk and respect your stop
Hello my Fellow TraderZ, $SOL is breaking out, so will its ecosystem. $RAY is consolidating beautifully here. If you see price has formed ASCENDING TRIANGLE on DTF. Break $0.35 and BOOM for ~80% Gains. Look at the GAP till next Resistence level. Use proper R : R . Happy Trading. CHEERS!!!
Wait for level breaks and retest. Just for education...
UBX printing flat top - ascending triangle. More chance to go up... Be aware that we could see some near-term retest of lower support zones, 15min srsi could use some cool-down time... Details on the chart Good luck traders!
FA V - Y IV - Y G - Y TA - Major uptrend - Higher lows - Broke previous trend
PRIMAL Consolidating within an ascending triangle, 0.025 area is breakout target! NFA & DYOR - Thanks! 🤑
We are currently in the new bullish cycle on Bitcoin, based on physics, statistics, mathematics, and logic. But the market can sometimes be unpredictable and go to zero. In this case, we are all doomed. This is the LOG scale on the weekly / 2W chart. That basically means we can't go up at the same rate and angle because bitcoin would cost more than $10 billion...
Some clear cut ascending triangles have formed on the SHIB chart. Here is the look on the 2 hour, and is reaching convergence very soon IMO. I am for sure taking a long breakout trade here if/when it rises above the ceiling of the pattern, with a stop under the final triangles low. BINANCE:SHIBUSDT Not advice, just my idea.
The solution to this analysis is to find the most probable reversal point for this corrective move, that is currently happening on Bitcoin. Bitcoin failed to make a parabolic move. If we compare the start of the bull market in 2018, it was different because Bitcoin parabolically rose. But this time is different! We must now concentrate on catching the bottom...
The price action may be trying to form an inverted head and shoulders (currently in the process of forming the right shoulder). The RSI seems to be bullish and creating an ascending triangle seem to have completed wave D and now waiting on wave E which should be the breakout wave bringing the RSI hopefully into the overbought territory.
An ascending triangle pattern in the AUD/NZD currency pair on a 4-hour chart suggests that the market sentiment is bullish, with the price creating higher lows while being contained by a horizontal resistance. This pattern can be considered a continuation pattern, implying that the upward trend may continue if the resistance is successfully broken. In this...
Ascending triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis..
Boston Scientific develops, manufactures, and markets medical devices. Q4 earnings were reported this week providing a clear picture of 2022 annual fundamentals. The fundamentals considered are presented on the chart with brief commentary. Technical considerations: Price bounced off of trend line going back to 2012 Ascending triangle breakout New ATH weekly...