Pair : ETHUSD ( Ethereum / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line or S / R Level. Completed " 1234 - abcd " Impulsive Waves at Fibonacci Level - 38.20%
Entry Precaution :
Wait until it Rejects or Breaks the UTL
Trading a bullish symmetrical triangle is a common strategy used by traders to take advantage of potential price breakouts to the upside. Here's a step-by-step guide on how to trade a bullish symmetrical triangle:
1. **Identify the Symmetrical Triangle Pattern:**
Start by identifying a symmetrical triangle pattern on a price chart. This pattern is...
Pair : LDOUSD ( Lido Dao / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line and Making its Retracement as an Corrective Pattern " Bearish Channel " If it Rejects from Previous Support then Long
LSE:CFX Performing descending broadening wedge pattern
Descending Broadening Wedge Pattern Explained
A descending broadening wedge chart pattern is a bullish reversal pattern. This pattern is created by two declining and diverging trend lines .
A descending broadening wedge forms as price moves between the upper resistance and lower support trend lines...
📈 $PERP, after a recent 2.5x split following a strong surge, is now consolidating with a market cap of $40M.
$PERP It’s almost enough after grinding. The current price is 0.6, and the profit-loss ratio is pretty good.
$PERP Adding some here maybe we will see a upside soon if #BTC remain Stable once we break this trendline expecting a upside move
NASDAQ:RDNT : This one's intriguing.
GSR had 3.5 million NASDAQ:RDNT tokens in their wallet before Sep 2nd. In the last 7 days, they added 920k tokens (~$200k$). All these tokens were withdrawn from
@binance
and
@okx
Seems like they're actively buying, not receiving as market makers. 🤔
NASDAQ:RDNT current market cap: $102M
Approximately 105X. Few understand.
MIL:WLD performing symmetrical triangle Keep eye on it
What Is a Symmetrical Triangle Pattern? Definition and Trading
What is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend...
NASDAQ:HOOK Performing Falling wedge in 1W Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would...
Today's focus: ETHUSD
Pattern – Divergence, demand bounce.
Support – 1538
Resistance – 1647
Thanks for checking out today’s update. Today, we have run over ETHUSD, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
ETHUSD continues to build after sellers look to have formed a washout bar...
Hello friends, I don't know what the condition of BTC will be and whether we will really test lower levels and GAP around 22-20k, however if so I expect something similar with API3.
It's clean, SL above breakout and profit in two parts + be patient.
Of course, I'll explain the situation you described in English.
An ascending triangle is a technical analysis...
Pair : APTUSD
Description :
Symmetrical Triangle in Short Time Frame acting as an Correction after the Break of Structure
Currently in Consolidation Phase if it Breaks then Short can be Expected for Long Term
💎Paradisers, let's focus on SUI/USDT! Currently, it's navigating within a defined range, and we're forecasting an upward surge in the near future.
💎If the anticipated breakout unfolds successfully, expect it to ignite a rapid upward rally. However, keep a close eye on the demand zone, as there's a bullish Order Block (OB) situated just beneath it. If the price...
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart...
MIL:DATA in Bouncing Area Also Getting Volume with Double Bottom
How to identify the Demand Zone?
Drop spin Rally :
Step 1: Initially, the prices were falling down as there could be sellers activated in the stock.
Step 2: The price will move in a range because there is an imbalance between buyers and sellers.
Step 3: Finally the prices will further move...
