Hey guys.
In this study I compare the dominance of the dollar in the crypto market, against the price of Bitcoin.
The dominance of the dollar in stable coins represents the percentage of capital in this asset in relation to the cryptocurrency market as a whole.
When this percentage rises, it means that people are more positioned in dollars.
On the contrary, when...
- We have a huge falling wedge on the daily chart, which can lead to a massive breakout!
- Also we can see a bullish rectangle pattern currently forming on the chart.
- You can buy breakout above the rectangle + wedge trendline (above 550 USDT).
- Due to my Elliott Wave count, we have a completed Impulse wave (1-2-3-4-5).
$KBR - displaying an ascending triangle pattern & HTF after surging +27% from its wedge breakout in feb.
range is tightening up over the past 3 weeks with the overall market weakness not reflected in this name.
strong growth in revenue numbers in both QoQ and YoY.
NEO was in an Ascending Triangle & Recently The Break out Has Happened.So This Means the Price can Increase Freely.an Important Resistance Sits at 29.64$ If The Price manages To break this Resistance, The way to 38$ has No Difficulties. Since The Pattern is the Ascending Triangle, It means We Can Expect The Price To Increase as Much as The Measured Price...
Jamie's Gun2Head Idea.
Ascending triangle formation breakout. Buying a break of previous resistance, looking for a move towards the 78.6% Fibonacci retracement.
BTC appears to be consolidating in an ascending Triangle, the exception target in a bullish scenario is approximately 200k.
Hard time believe until it happens.
We've seen a rejection at the 200 DMA,
and a bearish divergence.
Bearish divergences occur when prices rise to a new high but the oscillator can only muster a high that is lower than exhibited on a...
The Macro trends of 2022 are no secret to any of us. Sky rocketing inflation and the war in Ukraine have lead to soaring energy costs around the world. As a result, Oil has seen a period of extreme volatility, reaching a high of closing high price of 129.44 on March 8th. As a result, the XLE has followed suit and is up about +30% year to date. Exxon, the largest...
If you like the idea kindly like, follow and support me. NSE:BIOCON has formed 2 beautiful chart patterns i.e. Ascending Triangle and Cup & Handle Pattern. It is trying to go for a breakout but the real rally may begin above 353. It is having a support zone of 325-330. Ideally, the target of Cup & Handle Pattern is the height of the Cup and stoploss is the...
Price has broken out of a major ascending triangle
It has made higher high and higher lows from a mini support level with a bullish engulfing candle.
Here is the play I will be taking on this pair:
MARKET BUY NOW
P = 161.999
SL = 161.460 - 56 PIPS
TP = 164.020 - 200 PIPS
- Litecoin is currently breaking out of the bullish blue pennant on the daily chart!
- Looks like retest is done and we can continue to the upside.
- We have a huge falling wedge on the weekly timeframe, but bulls still need to confirm their bias.
CHFJPY has hit all time record with this mad bull run we have seen in the past months. We are currently in an ascending triangle and we do believe price will break out bullish. The TP's you can see cover the gap between the break up to the yearly highs last year. Altogether there is a nice 200 pip move if we do fill this setup
EURUSD has been bearish for quite some time now and a break bearish would not be surprising at all, as soon as we close below support we will be entering
the price is going to retest the key level of 98.75 (weekly resistance)
On the daily timeframe, the price flipped the 90$ area and retested as new support.
On 4h timeframe, the price is creating an ascending change below
the main resistance.
How to approach?
For the bullish scenario, the price needs to have a new breakout from the weekly and ascending channel...
- IOST is very bullish on the weekly chart.
- We have an ascending triangle, which indicates us huge bullish pressure.
- 1.618 FIB extension profit target from first waves.
- Volume is definitely bullish as you can see.
U.S. Dollar/Canadian Dollar forming an ascending triangle in formation that we need to hope an entry to long position in USD/CAD. This trade have a projection to find up 87 pips. Meanwhile, it's required to hope the economical news in U.S. Dollar and Canadian Dollar and what will be happen for tomorrow combining with this technical analysis.
This it's the H4...
