Hi everyone,
Thank you for considering reading my idea.
As Bitcoin consolidates between $43k-45K, it is potential forming an ascending triangle with a target of $46.3K
Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.
Cheers,
Juvs
Hello traders and investors! The movements on TSLA have been so technical and precise, and it is behaving according to our technique. Let’s update our thoughts. Remember, the link to yesterday's analysis is below this post, as usual.
First, in the 1h chart, TSLA is still bullish, as we expected, as it is still doing higher highs/lows. Is there any bearish...
Last XCUR trade was great, we scored 80% in less than 8 days, now we formed some ugly ascending triangeand we are running out of space soon, so if BTC do not sell us, we could possibly expect next move up. Market is highly dependant on BTC so its one of those times when we must watch it if taking trade. Good luck traders.
Please support with by hitting LIKE...
Hello traders and investors! Let’s see how SOFI is doing today! We’ll do a complete Multiple Time Frame Analysis (MTFA) and analyze the H, D and W charts.
First, we see that SOFI is doing what seems to be an Ascending Triangle chart pattern in the 1h chart. It is reacting near its support level, which is expected, and in theory, it is heading to the resistance...
Hello traders,
Man, there is just bearish news after bearish news it seems lately, I mean, WW3 amirite? Well, the geopolitical mess aside, I firmly believe that this run is not only not over but, far from it.
This ascending triangle that is possibly forming on Ethereum market cap coincides with this theory. If we get more buyers coming into the market pushing...
PRICE ACTION
• In an uptrend, price action finds first resistance (1), which will the horizontal resistance for the rest of the pattern formation, where it reverse direction goes downwards till finding
first support (2), which will be the lowest low in the pattern.
• Price action reverse direction from support (2) and goes upwards, till finding the second...
BTC has formed this beautiful ascending triangle and as we know is bullish pattern so i am trading it to the levels of 47.5k whith is going to be 6% profit.
At 47.5k i am pulling out my profits because of the strong resistance, one of them is point of control but i am going to post about that when we get there.
I am also very confident in this trade because of the...
Some conflicting pieces of information here from my point of view.
On the Long-side:
1. Ascending Triangle (Purple Box & Hashed line) - often considered a bullish pattern
2. Convergence of 20 & 50 ema (Orange + Purple) - watching for a cross as a bullish signal
3. Strong fundamentals and DCF indicating an under valuation
On the Short-side:
1. Bearish convergence...
ASCENDING TRIANGLE PRICE ACTION
This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. Bears make a stand at a certain rate and try holding it as much as they can, while bulls keep squeezing on that rate till they finally break it and the exchange rate continues its uptrend.
Let's break down the pattern formation!
In an...
AMZN squeezing inside an ascending triangle.
Waiting for price to dip to the lower trendline and watching what P.A does there before jumping in a position.
Hey guys!
Similar to BTC, there is a potential breakout on the short time frame of KDA of +30%.
if anyone knows where I can get leverage contracts for this coin please let me know!
Safe trading,
-Pulkanator
Hi Traders,
I normally don't do shorter time frames but as you can see on the 1HR of BTCUSD, the price has had lower lows and equal highs. This is obviously a symptom of an Ascending Triangle. There is one small thing that is kinda weird and that is there is one move out of the resistance line which looks like a fakeout/ liquidation station. This will break out...
Hello every one
FANTOM / TETHERUS
🟡Chart is speaking it self!
🌳What Is Fantom (FTM)?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract...
