Textbook retest of a breakout out of the ascending triangle. 3700-3800 is my first target, but wouldn't be suprised if we retest the ATH. But, my main concern is BTC.. Breakdown, and I expect alts to follow, but if BTC reclaims 50/51K, fasten your seatbelt.
- Polkadot is strong on the daily timeframe , as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance .
- Target top of the chanel or 1:1 fib extension on the daily chart .
- For expected duration of the trade,...
- Ethereum looks very strong from the technical perspective on the weekly time frame.
- The price is above the ALL TIME HIGH from 2018, which is very bullish of course.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Also the price is above 0.236 fib,...
Sure BTC may have a little dip over the next couple weeks...but that's just the launching pad. I keep seeing this ascending triangle in my mind and I'm willing to bet something like this plays out. Most likely it won't be so nice and pretty, but end result just the same. #CupAndHandle #AscendingTriangle #ATH
IndiaBulls has formed an ascending triangle on a daily chart. It also has been reacting to important support level. It could be a good stock to add for a swing as the housing finance industry is bound to recover soon.
this is my first analysis ever so gimme tips. Anyways theres a ascending tiangle that should be bullish and should breakout around september 3rd, but more thoughts on the actual chart. Once again i dont have much experience so take this with a grain of salt.
I knew ADA had to eventually come and test the trend line and now it has. It is currently in an ascending triangle and testing the trend line. If it breaks out we could possibly see it go crazy again. If it breaks down I have support high lighted.
It is currently trading above the ichimoku cloud on the 8hr chart which is a bullish sign. Let’s see if it can make...
Due to it being the start of the week, ADA's volume has returned, and with it, brought the possibility of a price movement. Like I said before, we got a retest of the 200MA which is often accompanied by a nice little bounce. I figured this, along with the volume, would create the momentum it needs for a ATH test. We are getting to the end of our ascending triangle...
OGN formed this ascending triangle. Bullish figure. Now just under breakout level. Have a nice chance to be rejected and retest support again. If breakout, the safest entry is on a retest of the breakout level.
There is an ascending triangle formation on waves, as displayed on the chart, if and when it breaks and closes above $28, i will be opening a leveraged long till Tp's.
Here is a small recap on what I have been seeing in regards to ADA. The last major move was ADA's premature run on the all time high. This brought a bit of punishment which forced ADA back into an area of consolidation (see the punishment begins chart for the consolidation area). ADA then formed a large cup and while forming the handle, the pattern broke to the...
EOS USD Now is Trying to Take of Price is forming ascending Triangle in D timeframe and Second Reason to Buy is FIB Retracement D timeframe already retrace to 0.50% minimum target is 7.60 USD Good luck 99% is Bullish EOS
ONT broke up from but was rejected by significant and big resistance at 1.264, this level was big support and resistance also in the past (BTC drop was in same tame, so its questionable was it rejection or it was pulled back down by BTC). Now we can see formed ascending triangle under 1.5318 and also inside of ascending channel that started to show up, so we have...
