BINANCE:RNDRUSDT (4H CHART) Technical Analysis Update RNDR is currently trading at $7.325 and currently its inside a descending the triangle, a breakout The price can break up or down of the descending triangle, we will enter the trade based on the direction of the breakout >> SHORT TRADE << Entry level: $7.787 Stop loss level: $ 6.998 Target 1: $ ...
--------------------------------------------------------------- Description --------------------------------------------------------------- + As per the analysis i have added in the chart, UNFI just broke out from the descending triangle + This breakout is a nice indication of the bullish momentum + My next target is the resistance around...
--------------------------------------------------------------- Description --------------------------------------------------------------- + BINANCE:REEFUSDT is just broke out from the descending triangle pattern + Descending triangle pattern is bullish and we are seeing clear breakout + Our Profit Target is next Resistance around...
BINANCE:FLOWUSDT (4H CHART) Technical Analysis Update FLOW is currently trading at $0.806 and showing overall bullish sentiment. We can see a clear descending triangle breakout and price is moving nicely after the breakout. This is showing clear bullish momentum and we can expect the price to hit our targets easily. Entry level: $ 0.779 - 0.805 Stop loss...
BINANCE:ADAUSDT (4H CHART) Technical Analysis Update ADA is currently trading at $0.5251 and showing overall bullish sentiment. ADA just broke out from descending triangle and showing overall bullish sentiment. If this trend continues, we can expect ADA to new highs soon. Entry level: $0.4980 - 0.5258 Stop loss level $0.4175 Target 1: $ 0.6160 Target 2: $...
--------------------------------------------------------------- Description --------------------------------------------------------------- + A nice clean triangle formed for CRV and it's about to be broken + With the descending triangle we can expect the bearish trend to continue + CRV will continue to fall and i don't see any reversal happening anytime soon....
In this chart of BINANCE:FTMUSDT , we saw an apex pattern and I would consider bullishness for this coin because of these factors: Triangle and its past. The specific pattern shown is a descending triangle from its prior uptrend movement from a daily and weekly timeframe, indicating a higher chance of a resistance breakout. Respecting the elderly. In terms...
CHFJPY is trading under declining trendline and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 165 followed by 163 region. What you guys think of this idea
hey traders i hope you are doing well AVAX is making descending triangle and if it breakdown side the target is marked 8.7xxx and if we break towards upside the target will be 9.85 you can open long or short after breakout
GBPJPY is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone and also has given the retest of broken level which is also the 50% fib retracement level. If the sell momentum continues the next target could be 180.500 region. What you guys think of this idea?
DYDX BINANCE:DYDXUSDT has closed above 2.165 and it's pulling back now DYDX has support at Fair Value Gap 2.1 besides ascending trend line is also another Resistance zone around 2.4 and higher by descending trend line Wait for next move
A descending wedge in an uptrend has led to textbook breakout with Uranium X ETF ($URA) Could be a retest though at 20.50 Weekly chart has been used
Descending Wedge Pattern We have 2 targets in mind, 1,6335$ (tp1 %21), 1,9575$ (tp2 %45) This analysis is for mid-term buying. This is not financial advice ( DYOR ) Good luck
DXY is having bearish trend in general while creating descending broadening wedge in 1H timeframe. I am predicting two scenarios: 1. DXY will move upward temporarily to 102 and continue to go to 100.5 2. DXY will have reversal to break the resistance of the descending broadening wedge and continue to reach 104 (Fibonacci retracement 1.618)
NZDCAD DOWN TRIANGLE Break pattern and close candle below Pattern Then Active Short Trade and Target Support Area.
DYDXUSDT had a breakout from a descending channel after bouncing off the 0.618 Fibonacci retracement level. Traders who follow Plancton's Rules may be waiting for a new breakout to occur before considering a new long position in the market. A breakout from the current level could indicate a continuation of the upward trend and could provide an opportunity for...
Currently, the price of FTMUSDT is attempting to break out of a descending channel after a clear retest of the 0.5 Fibonacci level. A descending channel is a technical pattern in which the price of an asset moves downwards between two parallel trend lines. The upper trend line acts as a resistance level, while the lower trend line acts as a support level. The...
Hi! Let me share my first idea! Acquired when the falling triangle pattern is completed and the support line is retested after the falling triangle is broken.